You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,315,000
Commercial real estate

418 3rd N Ave Minneapolis, MN 55401-1706

11,648 SF 0.08 ac lot Built 1884
Entity Owned 7-yr Hold Free & Clear
Property ID
US46-1074573
Property summary
AI-generated overview

This impeccably restored mixed-use property at 418 3rd Avenue N, Minneapolis, MN, offers 15,182 square feet on a 0.08-acre lot. Priced at $3,800,000, this brick building presents a unique investment opportunity in the vibrant North Loop neighborhood. Its prime location places it within easy walking distance of major sporting venues, including the Twins and Wolves games, and the area's best restaurants and retail establishments. The building's versatility allows for a variety of uses, catering to multiple tenants or a single owner. The top floor is currently configured as a luxurious owner's apartment, complete with rooftop access, offering stunning city views. This space could easily be adapted to suit a variety of needs. The building's exceptional condition and desirable location make it an ideal investment for those seeking a high-return property in a thriving urban environment. The potential for both residential and commercial tenants provides significant flexibility and income potential. This is a rare opportunity to acquire a fully restored, mixed-use property in one of Minneapolis' most sought-after neighborhoods. The building's strong structural integrity and modern amenities combine to create a truly exceptional offering. The possibilities are endless, from creating a high-end urban residence to developing a thriving multi-tenant commercial space. Don't miss this chance to own a piece of Minneapolis' vibrant North Loop.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1884
Construction BRICK
Total area 11,648 SF
Lot 0.08 ac (3,485 SF)
Zoning code B4S-2
APN 22-029-24-42-0043
UPID US46-1074573
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pyramid Night Club Nightclub DJ & Entertainment
  • Pyrmd Nightclub Bar & Pub
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.32M
Owner & transaction history
418 Third LLC · 7 yrs held
418 Third LLC
since 2019
2 recorded transactions
2019
$850,000
2010
$500
Zoning & alternative use
B4S-2 · Minneapolis, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 418 3rd N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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