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    425 Oak Grove St Minneapolis, MN 55403

    For Sale
    $999,900

    Commercial - Minneapolis, MN

    Lot size:
    0.22 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 425 Oak Grove St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    APN
    TBD
    Parking features
    Driveway
    Exterior features
    Wood
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Lot size
    0.22 Acres

    Utilities

    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1900
    Flooring type
    Wood
    Building materials
    Block, Frame, Plaster
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Ryan A Haagenson (952) 829-2900

    Listing date Nov 13, 2025

    MLS# 6782284 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

    Historic Minneapolis Residence/Business Opportunity

    Located at 425 Oak Grove Street in Minneapolis, this historic residence, designed in 1890 by Frank Griggs McMillan, is one of four original homes in Loring Park's Oak Grove Street Development. The property features craftsmanship including hardwood floors, stained glass windows, and original woodwork. The residence includes 9 bedrooms, each with ensuite baths, and a total of 12 bathrooms. The OR2 zoning allows for diverse uses, ranging from a grand residence to business opportunities. The property was formerly generating $10,000 per month as a sober house. Updates include a newer boiler, a roof replaced in 2023, a newer driveway, refreshed paint, and electrical and plumbing repairs. The property is located next to St. Mark’s Cathedral. MINNeSTAY has estimated a potential annual gross income of $140,000 from nightly rentals. The property is suitable for weddings and celebrations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nancy House, Act ... Housing Society

    Suggested Use

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

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

    Similar Places Nearby

    Alternative Homes, The Livingston, Founders: r&b, Ariel and Marina, Recovery training

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.286084
    Latitude
    44.967584

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    FAQs

    What type of property is this?
    Bed & breakfast - 1890 residence in Loring Park, suitable for various uses.
    Where is this bed & breakfast located?
    The property is located at 425 Oak Grove St Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Historically significant 1890 residence designed by architect Frank Griggs McMillan in the desirable Loring Park neighborhood.; - High income potential: OR2 zoning allows for diverse uses, including residential or business, with a proven track record and a MINNeSTAY estimate of $140,000 annual gross income from nightly rentals.; - Nine bedrooms, each with ensuite bathrooms, and a total of 12 bathrooms.
    (952) 829-2900
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    425 Oak Grove St Minneapolis, MN 55403
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    Minneapolis, MN 55403
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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
    425 Oak Grove St Minneapolis, MN 55403
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