Minneapolis, MN 55418
$500,000
Property Type:
Commercial
Square Footage:
1,914
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$500,000
List Date:
5/15/2026
Last Modified:
7/04/2026
Listing Details MLS# 7074383
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 3
- Waterfront YN
- No
- Year Built
- 1931
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 1914
- Power Company
- Xcel Energy
- For Sale or Lease
- For Sale
- Acres
- 0.19
- Lot Dimensions
- 46 x 176
- Assessment Pending
- Yes
- Garage Stalls
- 0
Property Features
Accessible:
Doors 36"+; Fully Wheelchair
Air Conditioning:
Central Air
CMU Style:
Freestanding
Construction Materials:
Block; Concrete
Construction Status:
Previously Owned
Current Use:
Other
Exterior:
Block; Concrete
Fencing:
Full; Privacy; Wood
Flooring:
Concrete Slab
Foundation:
Concrete Block; Slab
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Adj. Rate/Gr Payment; Cash; Conventional
Location Description:
Free Standing
On Site Utilities:
Electric Common
Parking Characteristics:
Parking Lot
Potential Use:
Lounge/Bar; Office; Other; Professional; Restaurant; Retail
Sewer:
City Sewer/Connected
Stories:
One
Water:
City Water/Connected
Contract Information
- Contingency
- Inspection
- ListPrice
- 500000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55418
- Complex/Dev/Subdivision
- Menages Sup To East Side Add
Assessments
- Assessment Balance
- 818
- Tax With Assessments
- 9916
Basement
- Foundation Dimensions
- 58 x 33
More Information
Building Information
- Building Finished SqFt
- 1914
- Building SqFt
- 1914
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 12
- Township#
- 29
Sale Options
- Sale Includes
- Building, Land
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- LOT 025 BLOCK 003 MENAGES SUP TO EAST SIDE ADDN TO MPLS
- Listing City
- Minneapolis
- Map Page
- 92
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 3662
- Property ID Number
- 1202924220086
- Tax Year
- 2026
- Tax Amount
- 9098
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Commercial building in the heart of Northeast Minneapolis Arts District. Located along a high-traffic corridor surrounded by restaurants, studios, shops, and neighborhood activity. Property could immediately be used as an art gallery / studio or easily converted into a coffee shop, retail space, office, or potential live/work situation. The front 1,000 square feet currently functions as an art gallery with dramatic 13-foot ceilings, excellent lighting, and a clean / open layout. The building includes approximately $15,000 in upgraded lighting that includes dimmable fluorescents and LED cans, making it ideal for displaying artwork, retail products, or creating a polished office/studio environment. Ample space can be found in the backyard which features new sod and is also completely fenced in with 6 foot horizontal privacy fencing. The fence has a locking gate on one side going to the front and a second locking gate going to the parking lot. The parking lot is accessible from the alley in back. Majority of the structure was built new in 2017. Included at that time: New HVAC, roof, electrical, plumbing and windows. Recent updates include newly painted exterior, floors, walls, and fresh sod, all in 2026. The space looks fresh, clean, and ready for immediate occupancy. Previously used as the art studio and gallery of a well-known local painter. 2847 Central Avenue NE offers a rare combination of visibility, flexibility, character, and practical workspace. Come make your own masterpiece!
- Directions
- 2847 Central Ave NE
Accessible
- Doors 36"+
- Yes
- Fully Wheelchair
- Yes
Air Conditioning
- Central Air
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Block
- Yes
- Concrete
- Yes
Fencing
- Full
- Yes
- Privacy
- Yes
- Wood
- Yes
Flooring
- Concrete Slab
- Yes
Foundation
- Concrete Block
- Yes
- Slab
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Parking Characteristics
- Parking Lot
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- One
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
CMU Style
- Freestanding
- Yes
Current Use
- Other
- Yes
Loan Terms
- Adj. Rate/Gr Payment
- Yes
- Cash
- Yes
- Conventional
- Yes
Location Description
- Free Standing
- Yes
Potential Use
- Lounge/Bar
- Yes
- Office
- Yes
- Other
- Yes
- Professional
- Yes
- Restaurant
- Yes
- Retail
- Yes
Documents
2847 Central SD.pdf ›
Listing Office:
Lifestyles
Last Updated: July - 04 - 2026
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