Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4279 Sheridan Ave S Minneapolis, MN 55410

    Picture of Medical offices at Sheridan Ave S 4279, Minneapolis, MN
    For Sale
    $2,100,000

    Commercial - Minneapolis, MN

    Lot size:
    0.15 Acres
    Days on Market:
    307
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 4279 Sheridan Ave S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Other
    APN
    0802824420184
    Parking features
    Driveway, Guest, Paved or Surfaced
    Exterior features
    Brick/Stone
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Zoned (Heating)
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1965
    Architectural style
    Other

    Integrity Holdings Real Estate LLC (612) 821-7400 [email protected]

    Listing agent Mark M Dwyer (612) 821-7400

    Listing date Feb 11, 2025

    MLS# 6659848 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

    Medical Office Investment Opportunity

    This is a single-tenant, triple-net lease medical office property located in the Linden Hills neighborhood. The tenant is a dermatology group with seven locations in the metro area. The tenant is responsible for all expenses, including a 4% management fee, which amounted to $7,500 in 2024. The property was newly renovated in 2022, featuring an award-winning build-out design by Mohagen Hansen Architects. The remaining lease term is six years, with a five-year extension option and a 2% annual rent increase. The tenant has invested significantly in the property, contributing $950,000 towards a total bid-out of $1.2 million. Situated on a 0.1493-acre lot, this property presents an ideal real estate investment opportunity in Linden Hills, offering net income with minimal operating responsibilities. The zoning is Business/Commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roger H. Weenig, ... Dermatologist Bailey Lee, MD, ... Dermatologist Associated Skin Care ... Dermatologist Erin L. Luxenberg ... Dermatologist FOLIUM Science Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.314112
    Latitude
    44.924821

    Nearby Similar for Sale

    • $999,900
      0.22 Acres

      Historic Minneapolis Residence/Business Opportunity

      1890 residence in Loring Park, suitable for various uses.
      425 Oak Grove St, Minneapolis, MN 55403
      View Details
    • $600,000
      0.17 Acres

      Minneapolis Multi-Use Commercial Property

      6,009 SF multi-use commercial property in the heart of Minneapolis.
      2318 1St Ave S, Minneapolis, MN 55404
      View Details
    • $1,350,000
      0.15 Acres

      Prime Restaurant Opportunity, Minneapolis

      Restaurant property for sale in high-demand South Minneapolis location.
      3401-3405 Lyndale Ave S, Minneapolis, MN 55408
      View Details
    • $699,000
      0.10 Acres

      Minneapolis Multifamily Investment Opportunity

      Six-unit building in Longfellow neighborhood with immediate cash flow potential.
      2818 E 31St St, Minneapolis, MN 55406
      View Details
    • $1,950,000
      0.40 Acres

      Corner Lot in Longfellow Neighborhood

      Highly visible corner lot in Minneapolis' Longfellow neighborhood.
      4215 E Lake St, Minneapolis, MN 55406
      View Details
    • $599,000
      0.12 Acres

      Well-Maintained Office Building For Sale

      Office building in NE Minneapolis, ideal for professional uses.
      3359 Central Ave NE, Minneapolis, MN 55418
      View Details

    FAQs

    What type of property is this?
    Medical office - Single-tenant, triple-net lease medical office in Linden Hills neighborhood.
    Where is this medical office located?
    The property is located at 4279 Sheridan Ave S Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Single tenant, triple-net lease property in Linden Hills.; - Tenant is a dermatology group with 7 metro locations.; - **6-year lease term remaining**, plus a 5-year extension option with 2% annual rent increase.
    (612) 821-7400
    Request Owner's contact information
    4279 Sheridan Ave S Minneapolis, MN 55410
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4279 Sheridan Ave S
    Minneapolis, MN 55410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4279 Sheridan Ave S Minneapolis, MN 55410
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.