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

    3032-3038 Hennepin Ave, Unit | Minneapolis Minneapolis, MN 55408

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,300,000

    Fully leased investment property near retailers, apartments, and transportation.

    Property size:
    30 SF

    Property Features for 3032-3038 Hennepin Ave

    General Information

    Size
    30 SF
    Source: Lee-associates

    Listing Agent: Kai Thomsen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hennepin Avenue Leased Investment Opportunity

    This investment property is 100% leased and situated near numerous retailers and new apartments. Parking is available via a ramp and street parking. The location benefits from access to active MTC lines. It is in close proximity to Bde Maka Ska lake and bike trails, and is located minutes away from downtown Minneapolis, Highway 100, and I-394. The property size is 30.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage 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
    -93.2986616
    Latitude
    44.9471237

    Nearby Similar for Sale

    • $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
    • $1,950,000
      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
    • $4,500,000
      1.44 Acres

      Iconic Waterfront Restaurant Opportunity

      Premier Minneapolis restaurant and bar with Mississippi River frontage.
      1900 Marshall St NE, Minneapolis, MN 55415
      View Details
    • New
      $579,900

      Versatile Minneapolis Commercial Property

      Turnkey office space with live/work potential and downtown views.
      233 Groveland Ave, Minneapolis, MN 55403
      View Details
    • Contact for pricing
      0.30 Acres

      Minneapolis Flex & Office-Warehouse Building

      4,859 SF flex and office-warehouse building in NE Minneapolis.
      422 Roosevelt St NE, Minneapolis, MN 55413
      View Details
    • $539,000
      0.18 Acres

      Mixed-Use Building with Development Potential

      Mixed-use building and adjacent lot in Opportunity Zone.
      1500 W Broadway Ave, Minneapolis, MN 55411
      View Details
    • $510,000
      2.76 Acres

      Remodeled Office Condo in Edina

      Move-in-ready office condo in Edina's professional corridor.
      7300 France Ave S, Minneapolis, MN 55435
      View Details
    • $450,000
      Pending

      Minneapolis Commercial Property Near Landmarks

      Commercial property near Minnehaha Falls and Lake Nokomis.
      5357 42Nd Ave S, Minneapolis, MN 55417
      View Details
    • New
      $880,000
      Pending

      Multifamily Building in South Minneapolis

      Stabilized 11-unit multifamily building with long-term tenants in place.
      1810 Portland Ave, Minneapolis, MN 55404
      View Details
    • Contact for pricing
      0.36 Acres

      Turnkey Commercial Building For Lease

      3,720 SF commercial building suitable for food service.
      1919 Riverside Ave, Minneapolis, MN 55454
      View Details
    • New
      $1,350,000
      Pending

      Brooklyn Park Freestanding Restaurant Building

      Well-maintained commercial building in Brooklyn Park with versatile potential.
      7450 Unity Ave N, Minneapolis, MN 55443
      View Details
    • New
      $799,900
      0.25 Acres

      Turnkey Automotive Business & Real Estate

      Established automotive business with real estate in prime Minneapolis location.
      4201 E Lake St, Minneapolis, MN 55406
      View Details

    FAQs

    What type of property is this?
    Office building - Fully leased investment property near retailers, apartments, and transportation.
    Where is this office building located?
    The property is located at 3032-3038 Hennepin Ave, Unit | Minneapolis Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - 100% Leased INVESTMENT OPPORTUNITY; - Located near numerous retailers and new apartments; - On active MTC lines
    (612) 239-4747
    Request Owner's contact information
    3032-3038 Hennepin Ave, Unit | Minneapolis Minneapolis, MN 55408
    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.
    3032-3038 Hennepin Ave, Unit | Minneapolis
    Minneapolis, MN 55408
    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
    3032-3038 Hennepin Ave, Unit | Minneapolis Minneapolis, MN 55408
    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.