Mixed-Use Building with
New
For Sale
$599,900
1223 42nd Avenue N, Minneapolis, MN 55412
Commercial Sale, Minneapolis, MN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market4
Property Features for 1223 42nd Avenue N
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Business/Commercial
Bedrooms
4
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 5, Bedroom 3, Bathroom 6, Bathroom 2, Basement, Bedroom 4, Bathroom 3
Parking features
Parking Lot, Assigned, Garage - Detached
Patio and Porch features
Porch
Appliances
Water Heater - Gas, Range, Refrigerator
Subdivision
Wyoming Park Add
Lot features
Infill Lot
High school district
Minneapolis
Directions
94W to Dowling Ave Exit. Left at the light to Fremont Ave N. Right on Fremont until arriving at the property on the right.
Standard status
Active
APN
0402924120152
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
13119
Utilities
Heating system
Oil
Building Details
Year built
1901
Building materials
Brick, Frame
Roof type
Rubber
Listing Agency:
Keller Williams Realty Integrity Lakes
(612) 821-7400
Listed By:
Ineye Bobmanuel
(612) 203-4132
Added: Sep 23
Changed: Sep 24
Last Checked: Sep 26 at 6:06AM
MLS# 7149007
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1901, this mixed-use property combines five commercial spaces on the main level with two residential units above. The bar is included in the sale. One apartment is vacant, and the other has had the same tenants for 15 years. The building has brick and frame construction, oil heat, a porch, and a detached garage.
The property occupies a 0.1619-acre lot and includes off-street parking. Appliances include a gas water heater, range, and refrigerator.
The property occupies a 0.1619-acre lot and includes off-street parking. Appliances include a gas water heater, range, and refrigerator.
Key Highlights
- Five commercial units on the main floor and two residential units above
- Bar included in the sale
- One apartment vacant; tenants in the other have remained for 15 years
Property Analytics
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five ground-floor commercial spaces sit beneath two apartments, with a bar included in the sale.
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 $599,900.
What are key features of this property?
This property features: Five commercial units on the main floor and two residential units above; Bar included in the sale; One apartment vacant; tenants in the other have remained for 15 years
