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    1517-1519 Central Ave NE Minneapolis, MN 55413

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    For Lease
    $13 SF/Yr ($1,349 /Mo)

    Commercial building in Northeast Minneapolis with flexible, open spaces.

    Property size:
    1,246 SF
    Lot size:
    1.83 Acres

    Property Features for 1517-1519 Central Ave NE

    General Information

    Size
    1,246 SF
    Lot size
    1.83 Acres

    Source: KW Commercial Premier - St Paul Agent James Faillettaz

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

    Overview

    Northeast Minneapolis Commercial Building

    The commercial building at 1517 Central Avenue NE is located in Northeast Minneapolis. The property features 18' ceilings, exposed brick, and modern upgrades. It offers flexible, open spaces and ample surface parking. The building is intended for innovative businesses seeking character, functionality, and visibility.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2459244
    Latitude
    45.0043759

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    FAQs

    What type of property is this?
    Specialty property - Commercial building in Northeast Minneapolis with flexible, open spaces.
    Where is this specialty property located?
    The property is located at 1517-1519 Central Ave NE Minneapolis, MN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High 18' ceilings create a spacious and flexible environment.; - Ample surface parking is available.; - Exposed brick provides character and aesthetic appeal.
    (651) 379-5252
    Request Owner's contact information
    1517-1519 Central Ave NE Minneapolis, MN 55413
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    Minneapolis, MN 55413
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    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
    1517-1519 Central Ave NE Minneapolis, MN 55413
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