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Gutted Office Building
For Sale
$275,000

3105 Bloomington Avenue, Minneapolis, MN 55407

Interior demolition is complete; plans and permits are still needed before construction can proceed.

Property SizeContact for details
Days on Market10

Property Features for 3105 Bloomington Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Property Condition

Severity Major Repairs Needed
Evidence Fully gutted commercial building

Site & Location

Neighborhood Powderhorn

Additional Details

Condition Needs Renovation
Property Use Office

Taxes and HOA fees

Annual Taxes $7,677

Building Details

Year Built 1950
Units 1
Listing Agency: National Realty Guild
Listed By: Jacqueline Sandoval
Source: Getyoumoved
Added: Oct 19 Changed: Oct 25 Last Checked: Oct 26 at 4:04AM

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 National Realty Guild

Rey
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Investment Insights

Based on property information with market context.

Built in 1950, this office building has been stripped to a gutted condition, with demolition work completed. The next phase requires additional plans and permits before construction can be completed. Its current occupancy classification is Business (B), and the property is zoned Business/Commercial. The stated occupancy supports office or service-based uses, subject to buyer verification.

Key Highlights

  • Interior demolition is complete; the building is gutted
  • Additional plans and permits are required to complete construction
  • Currently classified as Business (B) occupancy

Property Analytics

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

Current Use

Imran Healthcare Services, ... Home Health Care Service Max Pinto Homes Real Estate Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Home Appliance Store HVAC Service Pet Grooming Service

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

2,721
Businesses Nearby

Demographics for 55407, MN

38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
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?
Office building - Interior demolition is complete; plans and permits are still needed before construction can proceed.
Where is this office building located?
The property is located at 3105 Bloomington Avenue Minneapolis, MN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Interior demolition is complete; the building is gutted; Additional plans and permits are required to complete construction; Currently classified as Business (B) occupancy
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