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Minneapolis, MN Hotels for Sale

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32-Room Hotel with Redevelopment Potential
Updated: May 14
32-Room Hotel with Redevelopment Potential

5346 Minnehaha Ave, Minneapolis, MN 55417

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0.58 AC lot
Functioning 32‑room hotel built in 1950
Offered on a 0.58‑acre site split across two parcels
Zoned CM2 – Corridor Mixed Use, supporting multifamily, mixed‑use, or neighborhood‑serving commercial uses
Located steps from the METRO Blue Line Light Rail Transit
Transit access includes Minneapolis–Saint Paul International Airport, Mall of America, Minneapolis VA Medical Center, and downtown Minneapolis
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Minneapolis, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic 22-Room Hotel
Historic 22-Room Hotel

333 Main St W, Wabasha, MN 55981

$599,000
15,385 sqft

Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

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Historic Hotel with Restaurant
Historic Hotel with Restaurant

333 Main Street W, Wabasha, MN 55981

$599,000
0.42 AC lot

The hospitality property combines guest rooms, a restaurant, a wine-tasting bar, and a separate basement tavern.

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Chaska Hospitality Property For Sale
Chaska Hospitality Property For Sale

1 Oak Ridge Dr |, Chaska, MN 55318

Contact for pricing
171 sqft

Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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Riverfront Hospitality Asset with Redevelopment Potential
Riverfront Hospitality Asset with Redevelopment Potential

1 River Bend Pl, Chaska, MN 55318

Contact for pricing
72,578 sqft

Riverfront property in downtown Chaska with redevelopment potential.

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Minneapolis, MN Hotels Market Trends and Statistics

Explore 1 hotels for sale in Minneapolis, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 1
Hotels 1

Demographics Overview

Population 1.13M
Population Growth (5Y) +11.2%
Median Household Income $93,401
College Educated 49.8%

Taxes & Financing

Tax Rate (average for all types) 2.98%
Property Tax per SF $22.67 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Minneapolis fall within the 10,000 to 25,000 square foot range.

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