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Mixed-Use Property with Retail Space
For Sale
$875,000
Pending

1720 Glenwood Avenue, Minneapolis, MN 55405

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market129

Property Features for 1720 Glenwood Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Residential-Multi-Family
Rooms Basement
Parking features Parking Lot
Window features Bay Window(s)
Exterior features Brick/Stone, Vinyl
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Subdivision Maben White & Le Brons Add
Lot features Public Transit (w/in 6 blks), Corner Lot
High school district Minneapolis
Directions From Hwy 100, take the Glenwood Ave exit, stay on Glenwood Ave for 2 miles, destination is on the left
Standard status Pending
APN 2102924310066
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 15523

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

shared laundry
central air conditioning

Building Details

Year built 2000
Roof type Tar/Gravel
Listing Agency: Keller Williams Classic Rlty NW · Keller Williams Realty
Listed By: Amber Lange · License #40077597
Added: May 7 Changed: Sep 10 Last Checked: Sep 12 at 6:06PM
MLS# 7065912

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.

This mixed-use property at 1720 Glenwood Avenue includes 8 residential units—seven 2-bedroom apartments and one 3-bedroom apartment—along with two main-level commercial spaces. One space operates as Milda's Cafe, while the second, known as The Living Room, offers an open floor plan, kitchenette, and overhead drive-in door. Residential amenities include shared laundry facilities on each level, central air conditioning, forced-air heating, and separately metered gas and electric service.

The 0.14-acre property also provides rear off-street parking and a lower-level basement. Built in 2000, the building has brick/stone and vinyl exterior elements, a tar/gravel roof, and a parking lot. Its Glenwood Avenue address places the property in Minneapolis, MN 55405, within the Harrison neighborhood and near Bryn Mawr and downtown Minneapolis.

Key Highlights

  • 8 residential units: seven 2‑bedroom units and one 3‑bedroom unit
  • Two main‑level retail spaces, including Milda's Cafe and The Living Room
  • Open commercial area with kitchenette and overhead drive‑in door

Property Analytics

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Current Use

Milda's Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Electrical Service Bakery Law Firm HVAC Service (Bike/Boat/Book/etc) Store Restaurant

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

8
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 55405, MN

15,497
Population
8,724
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,535
Density / Sq Mi
$70,425
Median Household Income
$47,271
Median Earnings
$1,188
Median Rent
$450,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Combined residential and commercial property with retail frontage, shared laundry, off-street parking, and separately metered utilities.
Where is this mixed-use property located?
The property is located at 1720 Glenwood Avenue Minneapolis, MN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 8 residential units: seven 2‑bedroom units and one 3‑bedroom unit; Two main‑level retail spaces, including Milda's Cafe and The Living Room; Open commercial area with kitchenette and overhead drive‑in door
More about this property
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