Minneapolis, MN 55406
New Listing
$1,250,000
Property Type:
Commercial
Square Footage:
10,050
Lot Size (sq. ft.):
10,454
Status:
Active
Current Price:
$1,250,000
List Date:
6/26/2026
Last Modified:
6/26/2026
Overview
Description
Listing Details MLS# 7099360
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 2
- Owner Occupied
- Yes
- Waterfront YN
- No
- Year Built
- 1957
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 3350
- Garage Stalls
- 14
- For Sale or Lease
- For Sale
- Acres
- 0.24
- Lot Dimensions
- 128X80
- Assessment Pending
- Unknown
Property Features
Accessible:
Accessible Elevator Installed
Air Conditioning:
Central Air
Amenities Shared:
Elevator(s)
CMU Style:
Office
Construction Status:
Previously Owned
Current Use:
Office; Professional Service
Exterior:
Brick/Stone
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Cash; Conventional
Location Description:
Free Standing
Lock Box Type:
None
Lot Description:
Corner Lot
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Parking Characteristics:
Off Site; Paved Lot; Uncovered/Open
Potential Use:
Income; Office; Other; Professional; Retail
Roof:
Age Over 8 Years; Flat
Sewer:
City Sewer/Connected
Stories:
Two
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 1250000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55406
- Complex/Dev/Subdivision
- Nesbitts Add
Assessments
- Tax With Assessments
- 307.08
- Assessment Balance
- 0
- Assessment Installment
- 0
Building Information
- Building Finished SqFt
- 10050
- Building SqFt
- 10050
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 31
- Township#
- 29
Sale Options
- Sale Includes
- Building, Land, Leases
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- BLOCK 004 NESBITTS ADDN TO MPLS LOTS 15 AND 16
- Listing City
- Minneapolis
- Map Page
- 107
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 2523
- Property ID Number
- 3102923340100
- Tax Year
- 2026
- Tax Amount
- 307.08
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- This is remarkable opportunity for an owner-user or investor to own a well maintained office building that has tons of potential for its next owner! The current non-profit owner has one smaller tenant in the building; who will vacate upon sale. Ability to keep this as a multi-tenant or single tenant property. Corner lot, standlone building with 14 stall off-street parking lot. PRIME location on Lake Street with ample space on all 3 levels. Elevator, Kitchenette & Conference Room in Lower Level, plus a light-filled main level entrance welcomes your guests and employees.
- Directions
- Lake Street to 37th Avenue, the property is on the North side corner. Off street parking behind building.
Accessible
- Accessible Elevator Installed
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Shared
- Elevator(s)
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Lock Box Type
- None
- Yes
Lot Description
- Corner Lot
- Yes
Parking Characteristics
- Off Site
- Yes
- Paved Lot
- Yes
- Uncovered/Open
- Yes
Roof
- Age Over 8 Years
- Yes
- Flat
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Office
- Yes
Current Use
- Office
- Yes
- Professional Service
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Location Description
- Free Standing
- Yes
Potential Use
- Income
- Yes
- Office
- Yes
- Other
- Yes
- Professional
- Yes
- Retail
- Yes
Listing Office:
Commercial Investors Group LLC
Last Updated: June - 26 - 2026
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