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Mixed-Use Property with Parking
For Sale
$3,000,000

3809 42nd Avenue S, Minneapolis, MN 55406

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.58 Acres
Days on Market96

Property Features for 3809 42nd Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot
Accessibility Accessible Approach with Ramp, Accessible Elevator Installed
Subdivision L D Richardsons 2nd Add
High school district Minneapolis
Directions Corner of 38th st E and 42 Ave S
Standard status Active
APN 0702823110240
Lot size 0.58 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 74737

Utilities

Heating system Forced Air

Building Details

Year built 1997
Listing Agency: Northstar Real Estate Associates
Listed By: Naj A
Added: Jul 7 Changed: Oct 8 Last Checked: Oct 10 at 2:06AM
MLS# 7103664

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1997, this mixed-use building is 80% occupied by urgent care and professional office and service businesses. Improvements include an updated elevator and a partial commercial kitchen. Accessibility features include a ramped approach and an accessible elevator.

The property at 3809 42nd Avenue S in Minneapolis sits on 0.58 acres and has a 27-space parking lot.

Key Highlights

  • 80% occupied, with urgent care and professional office and service tenants
  • 27‑space parking lot on a 0.58‑acre parcel
  • Accessible approach with ramp and accessible elevator

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.

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Current occupants include an urgent care provider and professional office and service businesses.
Where is this mixed-use property 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% occupied, with urgent care and professional office and service tenants; 27‑space parking lot on a 0.58‑acre parcel; Accessible approach with ramp and accessible elevator
More about this property
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