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Minneapolis, MN 55406

New Listing

$3,000,000

Property Type: Commercial Lot Size (sq. ft.): 25,265 Status: Active

Current Price: $3,000,000 List Date: 7/07/2026 Last Modified: 7/08/2026

Overview

Description

Well-maintained commercial building located in the desirable Howe/Hiawatha neighborhood. This property is currently 80% occupied with a strong tenant mix, including urgent care and professional office/service businesses. The building features a 27-space parking lot and is fully ADA accessible, providing convenience for tenants and visitors. Recent updates include elevator improvements, a partial commercial kitchen, and additional upgrades throughout. This is a great opportunity for an owner-user or investor seeking a stable income-producing property with future upside.

Listing Details MLS# 7103664

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 27
Waterfront YN: No
Year Built: 1997
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9853
For Sale or Lease: For Sale
Acres: 0.58
Lot Dimensions: 127x199
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Accessible Elevator Installed; Accessible for Hearing-Impairment; Doors 36"+; Fully Wheelchair; Hallways 42"+ CMU Style: Freestanding; Office Construction Status: Previously Owned Current Use: Business Service; Office; Professional Service Exterior: Brick/Stone Foundation: Combination Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate Parking Characteristics: Parking Lot; Paved Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 3000000
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: L D Richardsons 2nd Add

Assessments

Tax With Assessments: 74737
Assessment Balance: 0

Building Information

Building Finished SqFt: 19706

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 07
Township#: 28

Sale Options

Sale Includes: Building, Leases

Unit Details

Total Units: 20

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BLOCK 004 L D RICHARDSONS 2ND ADDN TO MPLS LOTS 26 THRU 30 INCL
Listing City: Minneapolis
Map Page: 121
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2814
Property ID Number: 0702823110240
Tax Year: 2025
Tax Amount: 74737
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Well-maintained commercial building located in the desirable Howe/Hiawatha neighborhood. This property is currently 80% occupied with a strong tenant mix, including urgent care and professional office/service businesses. The building features a 27-space parking lot and is fully ADA accessible, providing convenience for tenants and visitors. Recent updates include elevator improvements, a partial commercial kitchen, and additional upgrades throughout. This is a great opportunity for an owner-user or investor seeking a stable income-producing property with future upside.
Directions: Corner of 38th st E and 42 Ave S

Accessible

Accessible Elevator Installed: Yes
Accessible for Hearing-Impairment: Yes
Doors 36"+: Yes
Fully Wheelchair: Yes
Hallways 42"+: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Combination: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Parking Lot: Yes
Paved Lot: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Electric Separate: Yes
Heating Common: Yes
Heating Separate: Yes

CMU Style

Freestanding: Yes
Office: Yes

Current Use

Business Service: Yes
Office: Yes
Professional Service: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes

Listing Office: Northstar Real Estate Associates

Last Updated: July - 08 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.