3430 University Ave SE Minneapolis, MN

Properties For Sale

at 3430 University Ave SE Contact us

Listing office Element, Inc Show Phone

Listing date Sep 8, 2025

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Investment Insights

Based on property information with market context.

This highly visible 1.27-acre mixed-use site is available for sale, offering developers enhanced access to tax credits, funding programs, and financing tools. Located at 3430 University Ave SE, the property is a 25,734 square foot mixed-use building situated on a 55,232 square foot site in the Prospect Park neighborhood. The main building along University Avenue SE includes a full basement, a main level, and a partial second floor, providing flexible layouts. A separate drive-through building connected via an underground tunnel is also part of the site. Surface and underground parking connect the two structures. The property offers visibility, signage potential, and adaptability. The large parcel presents a redevelopment or repositioning opportunity. Located in a Qualified Census Tract (QCT), the site may provide advantages and funding programs that support affordable housing and community development, and enhanced feasibility for mixed-use projects.

Key Highlights

• 1.27 acre transit‑adjacent mixed‑use site with high visibility.
• Located in a Qualified Census Tract (QCT), offering access to tax credits, funding programs, and financing tools.
• 25,734 SF mixed‑use property on a 55,232 SF site in Prospect Park.

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with redevelopment potential in Prospect Park neighborhood.

Where is this mixed-use property located?

The property is located at 3430 University Ave SE Minneapolis, MN.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: 1.27 acre transit‑adjacent mixed‑use site with high visibility.; Located in a Qualified Census Tract (QCT), offering access to tax credits, funding programs, and financing tools.; 25,734 SF mixed‑use property on a 55,232 SF site in Prospect Park.