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    1001 E 24Th St Minneapolis, MN 55404

    For Sale
    $1,100,000

    Commercial - Minneapolis, MN

    Lot size:
    0.10 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1001 E 24Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    3502924240038
    Exterior features
    Stucco
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1890
    Roof type
    Flat
    Architectural style
    Other

    Presidium Properties, LLC (612) 868-0724 [email protected]

    Listing agent Gregory Hiniker (612) 868-0724

    Listing date Mar 19, 2025

    MLS# 6687830 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cash Flowing Minneapolis Commercial Building

    This multi-unit building in South Minneapolis presents an opportunity for cash flow investment. The property has been recently remodeled and is fully rented. It features 4 retail spaces on the main floor and 12 individual offices upstairs. The building is located on a lot measuring approximately 0.1035 acres and is zoned for Business/Commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fooljeex ADB Tax ... Tax Preparation Service Diversified Staffing Pro Employment Agency MAMA HAALI COFFEE Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.25976105
    Latitude
    44.95889728

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    FAQs

    What type of property is this?
    Retail space - Multi-unit building with retail and office spaces in South Minneapolis.
    Where is this retail space located?
    The property is located at 1001 E 24Th St Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Fully rented, cash-flowing investment property.; - Located in South Minneapolis.; - Recently remodeled.
    (612) 868-0724
    Request Owner's contact information
    1001 E 24Th St Minneapolis, MN 55404
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    Minneapolis, MN 55404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 E 24Th St Minneapolis, MN 55404
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