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ADA-Accessible Medical Office Building
For Sale
$3,000,000

3809 42nd Avenue S, Minneapolis, MN 55406

Well-maintained office building with ADA accessibility, a 27-space parking lot, and recent elevator and interior upgrades.

Property SizeContact for details
Days on Market48

Property Features for 3809 42nd Avenue S

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $74,737

Building Details

Year Built 1997
Units 20
Listing Agency: Northstar Real Estate Associates
Listed By: Naj A
Source: Juverealestate
Added: Jul 7 Changed: Aug 23 Last Checked: Aug 22 at 9:12AM

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 Northstar Real Estate Associates

Investment Insights

Based on property information with market context.

Well-maintained commercial building with strong tenant mix, currently 80% occupied and including urgent care and professional office/service businesses. The property is fully ADA accessible and includes a 27-space parking lot for tenant and visitor convenience. Recent improvements include elevator upgrades, additional upgrades throughout, and a partial commercial kitchen.

Located in the Howe/Hiawatha neighborhood, the building is positioned to serve both tenants and patients with accessible design and on-site parking.

Designed as a medical and professional office environment, the improvements and partial kitchen support a variety of service-oriented uses within the existing building configuration.

Key Highlights

  • Well‑maintained commercial building in the Howe/Hiawatha neighborhood with urgent care and professional office/service tenants
  • Currently 80% occupied with a strong tenant mix
  • 27‑space parking lot for tenants and visitors

Property Analytics

Current Use

M Health Fairview ... Medical Clinic Zoberi Samira K ... Physician Tran Phuc Vinh ... Physician Koontz Peter S ... Pediatrician Institute for Athletic Medicine-Hiawatha Medical Clinic

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service Hair Salon Accounting Firm

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

618
Businesses Nearby

Demographics for 55406, MN

34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with ADA accessibility, a 27-space parking lot, and recent elevator and interior upgrades.
Where is this office building located?
The property is located at 3809 42nd Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Well‑maintained commercial building in the Howe/Hiawatha neighborhood with urgent care and professional office/service tenants; Currently 80% occupied with a strong tenant mix; 27‑space parking lot for tenants and visitors
More about this property
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