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Retail and Rental Mixed-Use Building
For Sale
$464,900

3701 Fremont Ave N, Minneapolis, MN 55412

Mixed-use building offers retail/commercial space on the main level plus two rental units above with shared laundry.

Property SizeContact for details
Days on Market223

Property Features for 3701 Fremont Ave N

General Information

Standard status Active
Total Parking Spaces 2

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,529

Amenities

shared laundry
Listing Agency: Coldwell Banker Realty
Listed By: Tisha Corder-Kilgore
Source: Exprealty
Added: Jan 29 Changed: Sep 8 Last Checked: Jul 20 at 2:46PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This mixed-use building presents retail or commercial space on the main level, with additional storage down. The property also includes two rental units on the upper level, consisting of a two-bedroom unit and a one-bedroom unit with larger rooms. A shared laundry area with a washer/dryer serves the rental tenants.

The building is located two blocks from Folwell Park and is on the bus line. The property includes a two-car tuck-under garage.

The layout supports multiple income-producing options, with main-level commercial use complemented by the two residential units above.

Key Highlights

  • Mixed‑use building with 1,800+ SF retail/commercial space on the main level plus added storage down
  • Additional 1,800+ SF up includes two rental units: one 2‑bed unit and one 1‑bed unit
  • Shared laundry with washer/dryer for the two upstairs rental units

Property Analytics

Current Use

The DREAM Shop (Bike/Boat/Book/etc) Store Folwell Neighborhood Association Association Or Organization

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Pharmacy Electrical 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55412, MN

23,800
Population
9,676
Households
2.5
Avg Household Size
33
Median Age
28%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,000
Density / Sq Mi
$71,905
Median Household Income
$42,494
Median Earnings
$1,340
Median Rent
$226,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Mixed-use building offers retail/commercial space on the main level plus two rental units above with shared laundry.
Where is this storefront property located?
The property is located at 3701 Fremont Ave N Minneapolis, MN.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Mixed‑use building with 1,800+ SF retail/commercial space on the main level plus added storage down; Additional 1,800+ SF up includes two rental units: one 2‑bed unit and one 1‑bed unit; Shared laundry with washer/dryer for the two upstairs rental units
More about this property
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