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Mixed-Use Building with Retail and Offices

1001 E 24th Street, Minneapolis, MN 55404

For Sale
$750,000

Business/commercial-zoned property combines four ground-floor retail spaces with individual offices above.

Property Size7,172 SF
Price / SF$104.57
Days on Market606

Property Features for 1001 E 24th Street

General Information

Standard status Active
Size 7,172 SF
Property subtype Commercial
Zoning Business/Commercial
Occupancy 100%

Site & Location

Neighborhood Phillips
Mixed-Use Components retail, office

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $18,378

Building Details

Building Size 7,172 SF
Year Built 1890
Buildings 1
Units 7
Tenancy Multi
Listing Agency: Realty Inc
Listed By: Gregory Hiniker
Source: Kerbercastle
Added: Mar 19, 2025 Changed: Nov 12 Last Checked: Nov 13 at 2:17AM

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

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Investment Insights

Based on property information with market context.

This 7,172-square-foot mixed-use building has four retail spaces on the main floor and 12 individual offices on the upper level. The property is fully occupied and was recently remodeled. Built in 1890, it is zoned Business/Commercial.

Located at 1001 E 24th Street in Minneapolis, the property offers a combination of retail and office space within one building.

Key Highlights

  • Four retail spaces on the main floor
  • 12 individual offices on the upper level
  • 7,172 square feet; built in 1890

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Properties on Market for Mixed-use properties in Minneapolis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Business/commercial-zoned property combines four ground-floor retail spaces with individual offices above.
Where is this mixed-use property located?
The property is located at 1001 E 24th Street 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 level; 7,172 square feet; built in 1890
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