Minneapolis, MN 55414
$2,000,000
Property Type:
Commercial
Square Footage:
44,606
Lot Size (sq. ft.):
27,443
Status:
Closed
Current Price:
$2,000,000
List Date:
3/07/2025
Last Modified:
5/05/2026
Overview
Description
Listing Details MLS# 6680311
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 20
- Waterfront YN
- No
- Year Built
- 1919
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 14344
- Garage Stalls
- Yes
- For Sale or Lease
- For Sale
- Acres
- 0.63
- Lot Dimensions
- irregular
- Assessment Pending
- No
Property Features
Accessible:
Other
CMU Style:
Industrial; Office; Retail/Shopping Center; Warehouse
Construction Status:
Previously Owned
Current Use:
Commercial
Exterior:
Brick/Stone
Financing Terms:
Cash
Foundation:
Combination
Fuel:
Natural Gas
Heating:
Boiler
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Parking Characteristics:
Parking Lot
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Off Market Date
- 2025-11-20
- Closed Date
- 2026-05-04
- Sales Close Price
- 2000000
- Contingency
- None
- ListPrice
- 2300000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55414
- Complex/Dev/Subdivision
- Prospect Park 1st Div Rev
Assessments
- Tax With Assessments
- 89492
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 44606
- Building SqFt
- 44606
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 30
- Township#
- 29
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- BLOCK 005 PROSPECT PARK 1ST DIV REV COM AT THE MOST NLY COR OF LOT 5 TH SELY ALONG UNIV AVE 118 67/100 FT TH AT RT ANGLES SWLY 153 6/10 FT TH WLY TO WLY LINE OF LOT 4 ALONG A LINE WHICH IF EXT WOULD INTERSEC THE WLY LINE OF LOT 5 AT A PT 205 FT FROM MOST NLY COR OF LOT 5 TH SELY TO A PT IN SLY LINE OF LOT 4 DIS 258 9/10 FT W FROM W LINE OF BEDFORD ST TH WLY TO THE MOST SLY COR OF LOT 5 TH NWLY TO MOST WLY COR THOF TH NELY TO BEG SUBJECT TO STREET
- Listing City
- Minneapolis
- Map Page
- 107
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Property ID Number
- 3002923410024
- Tax Year
- 2024
- Tax Amount
- 89492
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Creative arts building for sale. Ready for redevelopment or continue as a rental property. There are not many untouched brick and concrete beauties like this anymore. The top floor unit is a unique glass box with 30'+ high ceiling; and large enough for a basketball court or whatever else your imagination presents. first floor has a loading dock and large overhead door. Existing but vacant cafe space has an existing commercial kitchen with hood and dish areas.
- Directions
- 280 to University. West on University to site.
Accessible
- Other
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Financing Terms
- Cash
- Yes
Foundation
- Combination
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Parking Characteristics
- Parking Lot
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Industrial
- Yes
- Office
- Yes
- Retail/Shopping Center
- Yes
- Warehouse
- Yes
Current Use
- Commercial
- Yes
Listing Office:
Assembly MN LLC
Last Updated: May - 05 - 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.