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Creative Space with Gymnasium and Auditorium
For Lease
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1042 18th Ave SE, Minneapolis, MN 55414

Creative space offering a large room mix with gymnasium and auditorium, well-maintained mechanicals, and off-street parking.

Space Size63,305 SF
Days on Market1404

Property Features for 1042 18th Ave SE

General Information

Standard status Active
Size 63,305 SF
Property subtype SPECIALTY

Site & Location

Neighborhood University

Spaces For Lease

at 1042 18th Ave SE
Beautiful Three-Story Building on 2.6 Acres for Lease AVAILABLE, Now
Floor 1-3
Size 63,305 SF
Type SPECIALTY
Rate Contact for pricing
Sublease No
• Fantastic potential for community center, mixed-use, housing, “maker space” or other • Built in 1910, additions in 1926 and 1980 • 22 rooms with toilet rooms and sinks (average 874 SF), multiple larger spaces (including gymnasium and auditorium), offices, workrooms, plus more • Well-maintained mechanicals • Off-street parking plus additional parking lot on the corner of 19th and Como Ave (1000 19th Ave SE) • Paved and grass outdoor areas • One block off East Hennepin and Como Avenue SE • One mile from U of M Minneapolis campus and adjacent to the creative heart of NE Mpls • Charter/private schools and childcare centers will not be considered
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Listing Agency: Commercial Equities Group, Inc
Listed By: Jeff Salzbrun · License #40699119
Source: Moodyscre
Added: Dec 26, 2022 Changed: Oct 26 Last Checked: Oct 28 at 5:11AM

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 Commercial Equities Group, Inc

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Investment Insights

Based on property information with market context.

Creative space built in 1910 with additions in 1926 and 1980, totaling 63,305 SF. The property includes 22 rooms with toilet rooms and sinks (average 874 SF), along with multiple larger spaces such as a gymnasium and auditorium, plus offices and workrooms.

Outdoor areas include paved and grass space. Off-street parking is available, including an additional parking lot on the corner of 19th and Como Ave (1000 19th Ave SE). The site is one block off East Hennepin and Como Avenue SE, and is approximately one mile from the U of M Minneapolis campus.

The property is presented as a fit for a community center, mixed-use, housing, and “maker space,” subject to the stated consideration that charter/private schools and childcare centers will not be considered.

Key Highlights

  • 63,305 SF creative space built in 1910 with additions in 1926 and 1980
  • 22 rooms with toilet rooms and sinks (average 874 SF), plus larger areas including a gymnasium and auditorium
  • Well‑maintained mechanicals

Property Analytics

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Open Analytics

Current Use

Creative space

Suggested Use

Top Pick Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Nail Salon Acupuncture Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,175
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Creative space - Creative space offering a large room mix with gymnasium and auditorium, well-maintained mechanicals, and off-street parking.
Where is this creative space located?
The property is located at 1042 18th Ave SE Minneapolis, MN.
What are key features of this property?
This property features: 63,305 SF creative space built in 1910 with additions in 1926 and 1980; 22 rooms with toilet rooms and sinks (average 874 SF), plus larger areas including a gymnasium and auditorium; Well‑maintained mechanicals
(612) 428-3333 Call to check price and availability
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