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Mixed-Use Building with Retail and Offices
New
For Sale
$750,000

1001 E 24th St, Minneapolis, MN 55404

Retail storefronts occupy the ground level, with office space above in a fully occupied property.

Property Size7,172 SF
Price / SF$104.57
Days on Market2

Property Features for 1001 E 24th St

General Information

Standard status Active
Size 7,172 SF
Occupancy 100%

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: Realty Inc
Listed By: Gregory Hiniker
Source: Homesminn
Added: Oct 9 Changed: Oct 10 Last Checked: Sep 18 at 8:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Inc

Investment Insights

Based on property information with market context.

This mixed-use property combines four retail spaces on the main floor with 12 individual offices upstairs. The building was constructed in 1890 and has undergone recent remodeling. It is fully occupied.

Key Highlights

  • Four retail spaces on the main floor
  • 12 individual offices on the upper floor
  • Fully occupied

Property Analytics

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Current Use

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

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Electrical Service Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,934
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 45% Dining 37% Shops & Services 14% Home Improvements & Furnishings 4%
Aldi Groceries
21,493 visits/mo 0.3 miles
Panera Bread Dining
9,261 visits/mo 0.4 miles
SUBWAY Dining
8,114 visits/mo 0.4 miles
Dollar General Shops & Services
4,133 visits/mo 0.4 miles
Chase Bank Shops & Services
2,485 visits/mo 0.3 miles

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail storefronts occupy the ground level, with office space above in a fully occupied property.
Where is this mixed-use property located?
The property is located at 1001 E 24th St Minneapolis, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four retail spaces on the main floor; 12 individual offices on the upper floor; Fully occupied
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