Mixed-Use Building with
For Sale
$549,900
1223 42nd Avenue N, Minneapolis, MN 55412
Corner property combines upstairs housing with multiple ground-floor commercial units and off-street parking.
Property Size7,700 SF
Price / SF$71.42
Days on Market235
Property Features for 1223 42nd Avenue N
General Information
Standard status
Active
Size
7,700 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Corner Location
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,119
Amenities
off-street parking
3
Parking.
Unassigned, Lot.
Filled.
Building Details
Year Built
1901
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Integrity Realty
(612) 203-4132
Listed By:
Ineye Bobmanuel
(612) 203-4132
Source:
Xome
Added: Jan 8
Changed: Aug 30
Last Checked: Aug 31 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Integrity Realty
Investment Insights
Based on property information with market context.
Built in 1901, this 7,700-square-foot mixed-use building combines residential and commercial space in a two-level configuration. The upper floor contains two residential units, while the main level includes five commercial units. The sale also includes the bar operation and equipment identified in the property information.
Located at 1223 42nd Avenue N in Minneapolis’s Camden Neighborhood, the corner property includes off-street parking. One residential unit is vacant and has an offer to rent, while the other has been occupied by the same tenants for 15 years. The combination of existing residential occupancy, commercial space, and an included bar creates a varied property profile for an owner-user or investor.
Located at 1223 42nd Avenue N in Minneapolis’s Camden Neighborhood, the corner property includes off-street parking. One residential unit is vacant and has an offer to rent, while the other has been occupied by the same tenants for 15 years. The combination of existing residential occupancy, commercial space, and an included bar creates a varied property profile for an owner-user or investor.
Key Highlights
- 7,700‑square‑foot mixed‑use building constructed in 1901
- Two residential units located on the upper floor
- Five commercial units occupy the main level
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Shops & Services 17%
McDonald's
Dining
16,793 visits/mo
0.5 miles
Wells Fargo
Shops & Services
3,531 visits/mo
0.3 miles
Demographics for 55412, MN
23,800
Population
9,676
Households
2.5
Avg Household Size
33
Median Age
28%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,000
Density / Sq Mi
$71,905
Median Household Income
$42,494
Median Earnings
$1,340
Median Rent
$226,400
Median Home Value
Market
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property combines upstairs housing with multiple ground-floor commercial units and off-street parking.
Where is this mixed-use property located?
The property is located at 1223 42nd Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 7,700‑square‑foot mixed‑use building constructed in 1901; Two residential units located on the upper floor; Five commercial units occupy the main level
