3854 Thomas Avenue N Minneapolis, MN 55412
- Added:
- May 6, 2025
- Days on Market:
- 359
- Last Refresh:
- Apr 29 at 6:06 am
Property Features for 3854 Thomas Avenue N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial
- Parking features
- Driveway, Parking Lot
- Exterior features
- Brick/Stone
- Standard status
- Active Under Contract
- APN
- 0502924410146
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9766.25
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Building materials
- Block, Brick, Frame
- Roof type
- Flat, Rubber
- Architectural style
- Other
Listing agent Stephanie S Gruver (612) 581-5842
Listing office RE/MAX Results 11200 W 78th Street, Eden Prairie, MN (952) 829-2900
Listing date May 6, 2025
MLS# 6705803
Listing URL
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.
Overview
Victory Neighborhood Retail Center
This classic 1920s brick retail center is located in the Victory neighborhood. The building features five units and a 14-space asphalt parking lot. The property is well-maintained and includes newer forced-air furnaces in each unit. Four of the five units are equipped with central air. The main floor units offer 9 to 10-foot ceiling heights, separate front and back entrances, and some units have display windows. A full basement with an 8-foot ceiling height is also included. Tenants are responsible for their own heat, gas, and electric utilities. Currently, four stable, long-term tenants occupy the five spaces. Situated on a 0.24-acre lot, this property presents an investment opportunity or the potential for owner-occupancy as space becomes available. The property's location offers close proximity to Victory Memorial Drive and other thriving local businesses, providing an opportunity to become part of the growing Victory neighborhood business community. The zoning is Business/Commercial.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.313101
- Latitude
- 45.025755
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Classic 1920s brick retail center in Victory neighborhood.
Where is this strip mall located?
The property is located at 3854 Thomas Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Stable, long‑term tenants in 4 of 5 units provide immediate income.; Well‑maintained 1920s brick building with newer forced‑air furnaces in each unit and central air in 4 units.; Investment opportunity or owner‑occupy potential as space becomes available.
