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Mixed-Use Bar and Apartment Building
For Sale
Contact for pricing
Pending

221-225 Cedar Ave S, Minneapolis, MN 55454

This three-story mixed-use property includes restaurant space with lower-level storage and 10 apartment units above.

Property Size20,064 SF
Lot Size0.12 Acres
Days on Market1019

Property Features for 221-225 Cedar Ave S

General Information

Standard status Pending
Size 20,064 SF
Lot size 0.12 Acres
Property subtype RETAIL
Zoning C3A

Additional Details

Multifamily Units 10

Building Details

Year Built 1900
Stories 3
Tenancy Multi
Listing Agency: Transwestern
Listed By: Russ Crawford
Source: Moodyscre
Added: Nov 28, 2023 Changed: Sep 7 Last Checked: Sep 12 at 11:05AM

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 Transwestern

Investment Insights

Based on property information with market context.

This three-story mixed-use property combines bar/restaurant space with residential income. The building features approximately 5,109 SF of restaurant space plus about 5,000 SF of lower-level storage space, along with 9,120 SF of multifamily area with 10 apartment units located above the restaurant.

The property is located at 221–225 Cedar Ave S in Minneapolis, MN, in the Seven Corners area. It sits next to the University of Minnesota Law School and The Carlson School of Management, supporting a built-in demand base for hospitality and residential occupancy.

Built in 1900, the property has undergone extensive upgrades annually, and it is zoned C3A: Community Activity Center District. This offering presents an ownership structure that can support a hospitality operator alongside on-site apartment rental income.

Key Highlights

  • 3‑story mixed‑use building with 20,064 SF total GLA
  • Includes 5,109 SF restaurant space plus 5,000 SF lower‑level storage
  • 10 apartment units above the restaurant (9,120 SF multi‑family)

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Building Supply HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,288
Businesses Nearby

Demographics for 55454, MN

8,279
Population
3,823
Households
2.2
Avg Household Size
28
Median Age
27%
College-Educated
67%
High-School Grad
0.6 sq mi
ZIP Area
13,798
Density / Sq Mi
$26,429
Median Household Income
$16,150
Median Earnings
$947
Median Rent
$184,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - This three-story mixed-use property includes restaurant space with lower-level storage and 10 apartment units above.
Where is this mixed-use property located?
The property is located at 221-225 Cedar Ave S Minneapolis, MN.
What are key features of this property?
This property features: 3‑story mixed‑use building with 20,064 SF total GLA; Includes 5,109 SF restaurant space plus 5,000 SF lower‑level storage; 10 apartment units above the restaurant (9,120 SF multi‑family)
(612) 741-4800 Call to check price and availability
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