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    2220 16Th Ave N Minneapolis, MN 55454

    For Sale
    Contact for pricing

    Spacious 55,635 SF school building with redevelopment potential.

    Property size:
    55,635 SF
    Lot size:
    4.17 Acres

    Property Features for 2220 16Th Ave N

    General Information

    Size
    55,635 SF
    Lot size
    4.17 Acres

    Source: Commercial Equities Group, Inc Agent Jeff Salzbrun

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

    Overview

    Minneapolis School Building For Sale

    This property, originally built in 1910 with an addition in 1920, offers fantastic potential for a community center, mixed-use development, housing, a maker space, or other ventures. The building features multiple classrooms, each averaging 880 square feet and equipped with sinks, as well as additional larger spaces including a gymnasium and auditorium, offices, and workrooms. The property also includes off-street parking. It is situated directly adjacent to Gordon School and Willard Park, one block south of Golden Valley Road, two blocks north of Plymouth Avenue, and one block west of Penn Avenue North. Located in a mature neighborhood with limited undeveloped parcels, the property is zoned R1A. The mechanical systems are well-maintained. Note that charter and private schools, as well as childcare centers, will not be considered as potential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    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
    -93.2514541
    Latitude
    44.9601012

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    FAQs

    What type of property is this?
    School - Spacious 55,635 SF school building with redevelopment potential.
    Where is this school located?
    The property is located at 2220 16Th Ave N Minneapolis, MN.
    What are key features of this property?
    This property features: - High potential for diverse uses: community center, mixed-use, housing, or "maker space".; - Large building with multiple classrooms (average 880 SF), gymnasium, auditorium, offices, and workrooms.; - Convenient location: adjacent to Gordon School and Willard Park, close to Golden Valley Rd and Plymouth Ave.
    (612) 428-3333
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    2220 16Th Ave N Minneapolis, MN 55454
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    Minneapolis, MN 55454
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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
    2220 16Th Ave N Minneapolis, MN 55454
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