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Office Building with Three Entrances
New
For Sale
$600,000

2318 1st Avenue S, Minneapolis, MN 55404

A vacant, multi-level property offers off-street parking and a layout suited to separate occupants.

Property Size6,009 SF
Price / SF$99.85
Days on Market6

Property Features for 2318 1st Avenue S

General Information

Standard status Active
Size 6,009 SF
Total Parking Spaces 9
Property subtype Commercial
Zoning Business/Commercial, Residential-Multi-Family

Site & Location

Neighborhood Whittier
Public Transit Yes

Additional Details

Condition Move-in Ready
Property Use Office

Taxes and HOA fees

Annual Taxes $19,764

Building Details

Building Size 6,009 SF
Year Built 1920
Buildings 1
Units 2
Construction brick
Owner Occupied No
Listing Agency: Keller Williams Realty Integrity
Listed By: Nicoli Holm · License #40553866
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

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 Keller Williams Realty Integrity

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Investment Insights

Based on property information with market context.

This 6,009-square-foot brick office building dates to 1920 and occupies a corner lot. The current layout spans three floors and a lower level, with approximately 4,862 square feet finished. Three distinct entrances provide access to the building, and the property is vacant. Nine off-street parking stalls are included.

The Minneapolis property is described as steps from Eat Street, the Minneapolis Institute of Art, and Midtown Global Market. Bus and bike access, as well as proximity to downtown, are noted in the listing information.

Key Highlights

  • 6,009 SF brick office building; approximately 4,862 SF finished
  • Built in 1920 on a corner lot
  • Three floors plus a lower level, with three separate entrances

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Romer & Company, PC Accounting Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store & Service Pet Grooming Service Electrical Service Locksmith Pet 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.

Location Intelligence

Trade Area within ½ mile

2,607
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - A vacant, multi-level property offers off-street parking and a layout suited to separate occupants.
Where is this office building located?
The property is located at 2318 1st Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 6,009 SF brick office building; approximately 4,862 SF finished; Built in 1920 on a corner lot; Three floors plus a lower level, with three separate entrances
More about this property
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