Redevelopment Opportunity in
For Sale
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2105 1st Ave S, Minneapolis, MN 55404
Property suitable for redevelopment into multifamily or continued office use.
Property Size9,406 SF
Price / SF$116.95
Days on Market1321
Property Features for 2105 1st Ave S
General Information
Standard status
Active
Size
9,406 SF
Class
B
Property subtype
Office
Building Details
Stories
3
Listing Agency:
NorthStar Real Estate Associates
(651) 398-7653
Listed By:
James Yacoub · License #MN
Source:
Crexi
Added: Jan 6, 2023
Changed: Aug 10
Last Checked: Aug 15 at 7:01PM
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 NorthStar Real Estate Associates
Investment Insights
Based on property information with market context.
This 9,406 square foot property presents a redevelopment opportunity for multifamily properties, with existing designs and architectural work for an office-to-multifamily conversion. Alternatively, the property can continue to be used as office space. The available transaction types include lease option to buy, contract for deed, conventional financing, and cash purchase.
Key Highlights
- Ready for redevelopment into multifamily properties.
- Existing designs and architectural work for office‑to‑multifamily conversion included.
- Suitable for use as offices.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,748
Businesses Nearby
Explore this area
Business Placement
Demographics for 55404, MN
29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Property suitable for redevelopment into multifamily or continued office use.
Where is this office building located?
The property is located at 2105 1st Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Ready for redevelopment into multifamily properties.; Existing designs and architectural work for office‑to‑multifamily conversion included.; Suitable for use as offices.
