Mixed-Use Property with
For Sale
Contact for pricing
3430 University Ave SE, Minneapolis, MN 55414
Multi-level improvements include a basement, partial second floor, separate drive-through building, and connected parking facilities.
Property Size25,734 SF
Price / SF$104.92
Days on Market15
Property Features for 3430 University Ave SE
General Information
Standard status
Active
Size
25,734 SF
Total Parking Spaces
73
Property subtype
Mixed Use, Land
Zoning
C3A – Community Activity Center District
Investment Type
Redevelopment
Building Details
Year Built
1950
Year Renovated
1975
Listing Agency:
Element Commercial Real Estate
Listed By:
Ian McRoberts · License #MN 40050538
Source:
Crexi
Added: Jul 28
Changed: Aug 10
Last Checked: Aug 10 at 11:03AM
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 Element Commercial Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property comprises 25,734 square feet of improvements on a 55,232-square-foot site. The primary structure includes a full basement, main level, and partial second floor, while a separate drive-through building is linked by an underground tunnel. Surface and underground parking serve both buildings, and the configuration supports varied layouts for owner-users, investors, or redevelopment planning.
The 1.27-acre property fronts University Ave in Minneapolis’s Prospect Park neighborhood and is adjacent to the Green Line’s Westgate Station. Multiple bus routes provide additional transit connections, with access to Minneapolis and St. Paul. The site is near the University of Minnesota and is zoned C3A – Community Activity Center District. It is also located within a Qualified Census Tract, a designation associated with certain funding and development programs.
The 1.27-acre property fronts University Ave in Minneapolis’s Prospect Park neighborhood and is adjacent to the Green Line’s Westgate Station. Multiple bus routes provide additional transit connections, with access to Minneapolis and St. Paul. The site is near the University of Minnesota and is zoned C3A – Community Activity Center District. It is also located within a Qualified Census Tract, a designation associated with certain funding and development programs.
Key Highlights
- 25,734 SF mixed‑use property on a 55,232 SF site
- 1.27‑acre parcel in Minneapolis’s Prospect Park neighborhood
- Primary building has a full basement, main level, and partial second floor
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,096
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Speedway
Shops & Services
9,227 visits/mo
0.1 miles
Jimmy John's
Dining
2,908 visits/mo
0.5 miles
Safelite AutoGlass
Shops & Services
1,508 visits/mo
0.3 miles
Demographics for 55414, MN
36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
Market
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level improvements include a basement, partial second floor, separate drive-through building, and connected parking facilities.
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: 25,734 SF mixed‑use property on a 55,232 SF site; 1.27‑acre parcel in Minneapolis’s Prospect Park neighborhood; Primary building has a full basement, main level, and partial second floor
