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    2636 Central Ave NE Minneapolis, MN 55413

    For Sale
    $299,900

    Multi-parcel property in Northeast Minneapolis with redevelopment potential.

    Lot size:
    0.38 Acres

    Property Features for 2636 Central Ave NE

    General Information

    Lot size
    0.38 Acres

    Source: Epique Realty Agent Andrew Barnes

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

    Overview

    Central Avenue Commercial Portfolio Opportunity

    This commercial portfolio, situated on Central Avenue NE in Minneapolis, presents a rare opportunity for ownership or redevelopment. The Ulrich Motors property, located at 2636 Central Ave NE, comprises five contiguous parcels along Central Ave NE and 27th Ave NE, offering significant exposure on a busy commercial corridor. The location benefits from exceptional traffic counts and visibility within a thriving commercial district. The property's flexible potential accommodates auto, retail, service, mixed-use, or redevelopment projects. Strong neighborhood growth and demand for retail and commercial services characterize the area. This site offers visibility, accessibility, and long-term growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ulrich Motors Co Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2478713
    Latitude
    45.0162454

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    FAQs

    What type of property is this?
    Retail property - Multi-parcel property in Northeast Minneapolis with redevelopment potential.
    Where is this retail property located?
    The property is located at 2636 Central Ave NE Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Prime location on Central Avenue NE with exceptional traffic counts and visibility.; - Five contiguous parcels offering flexible potential for various uses.; - Rare opportunity to own a multi-parcel property in a high-demand area of Northeast Minneapolis.
    (612) 386-7249
    Request Owner's contact information
    2636 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
    2636 Central Ave NE Minneapolis, MN 55413
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