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Mixed-Use Building with Warehouse
For Sale
$3,500,000

1844 Central Avenue NE, Minneapolis, MN 55418

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.52 Acres
Days on Market147

Property Features for 1844 Central Avenue NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Residential-Multi-Family
Parking features Garage - Detached
Exterior features Brick/Stone, Stucco
Subdivision Wilsons Rgt Blks East Side Add
Lot features Public Transit (w/in 6 blks), Corner Lot
High school district Minneapolis
Directions Includes 1842-1852 Central Avenue NE
Standard status Active
APN 1102924440196
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 26204

Utilities

Heating system Forced Air

Building Details

Year built 1897
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Scott Swennes
Added: Mar 31 Changed: Aug 24 Last Checked: Aug 24 at 5:06PM
MLS# 7046184

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 contains 19 total units, including 12 residential units, 6 commercial units, and 1 large warehouse unit. The residential component includes eight one-bedroom units and four two-bedroom units. Exterior construction combines brick or stone with stucco, while forced-air heating serves the building. A detached garage provides on-site parking.

The property occupies a 0.52-acre corner lot measuring 128 x 174 and fronts a high-volume arterial road in Northeast Minneapolis near downtown. Its location on Central Avenue NE places the building within a commercially active corridor and supports its combination of residential, commercial, and warehouse space.

Key Highlights

  • 19‑unit mixed‑use building with 12 residential, 6 commercial, and 1 warehouse unit
  • Residential mix includes 8 one‑bedroom and 4 two‑bedroom units
  • 0.52‑acre corner lot measuring 128 x 174

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,699
Businesses Nearby

Demographics for 55418, MN

31,887
Population
14,859
Households
2.1
Avg Household Size
37
Median Age
51%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,555
Density / Sq Mi
$95,630
Median Household Income
$56,491
Median Earnings
$1,349
Median Rent
$332,500
Median Home Value

Market

Vacancy Rate% for Industrial in Minneapolis, MN

7.2% 2019
7.7% 2020
3.6% 2021
3% 2022
4.3% 2023
4.3% 2024
4.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick and stucco construction combines residential, commercial, and warehouse components on a corner parcel.
Where is this mixed-use property located?
The property is located at 1844 Central Avenue NE Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 19‑unit mixed‑use building with 12 residential, 6 commercial, and 1 warehouse unit; Residential mix includes 8 one‑bedroom and 4 two‑bedroom units; 0.52‑acre corner lot measuring 128 x 174
More about this property
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