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Accessible Office Building
New
For Sale
$3,000,000

3809 42nd Avenue S, Minneapolis, MN 55406

A multi-tenant property with elevator improvements, a partial commercial kitchen, and on-site parking serves a range of office uses.

Property SizeContact for details
Days on Market5

Property Features for 3809 42nd Avenue S

General Information

Standard status Active
Total Parking Spaces 27
Elevators Yes
Property subtype Commercial
Zoning Business/Commercial
Occupancy 80%

Site & Location

Neighborhood Longfellow

Additional Details

Property Use Office, Medical Office
Medical Specialty urgent care

Taxes and HOA fees

Annual Taxes $74,737

Amenities

ADA accessible
partial commercial kitchen

Building Details

Year Built 1997
Units 20
Tenancy Multi
Listing Agency: Northstar Real Estate Associates
Listed By: Naj A
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 4:40PM

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

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Investment Insights

Based on property information with market context.

This 1997 office building is 80% occupied by a mix that includes urgent care and professional office and service businesses. Improvements include elevator upgrades and a partial commercial kitchen, with additional updates throughout. The building is fully ADA accessible.

Located in the Howe/Hiawatha neighborhood of Minneapolis, the property includes a 27-space parking lot for tenants and visitors.

Key Highlights

  • 80% occupancy with urgent care and professional office/service tenants
  • 27‑space parking lot
  • Fully ADA accessible

Property Analytics

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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.

Lease Details

80%
Occupancy
Multi-tenant
Tenancy

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
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 - A multi-tenant property with elevator improvements, a partial commercial kitchen, and on-site parking serves a range of office uses.
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: 80% occupancy with urgent care and professional office/service tenants; 27‑space parking lot; Fully ADA accessible
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