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Energy-Efficient Office Building
For Sale
$815,000

901 23rd Ave Ne, Minneapolis, MN 55418

Renovated office property with two main-level suites, private offices, mixed-use zoning, and flexible lower-level space.

Property SizeContact for details
Days on Market8

Property Features for 901 23rd Ave Ne

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $22,695
Listing Agency: Compass
Listed By: Jaclyn A Gavzy · License #40737476
Source: Exprealty
Added: Aug 26 Changed: Sep 1 Last Checked: Sep 1 at 9:08PM

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 Compass

Investment Insights

Based on property information with market context.

Located at 901 23rd Ave NE in Minneapolis, this renovated office building is organized around two separate main-level suites. The north suite contains an open work area and three private offices, while the south suite offers four private offices. A shared conference room, kitchen, and ADA-accessible half bath support day-to-day operations. An on-site parking lot provides approximately 8–10 spaces, and the property includes a rain garden.

The lower level has separate exterior access, kitchen space, and a bathroom with potential for a shower. It may be finished to increase usable area, subject to zoning and permitting. CM1 Community Mixed Use zoning allows a range of commercial and mixed-use opportunities, subject to applicable approvals and regulations. Building systems include a super-insulated airtight envelope, triple-pane Passive House windows, motorized exterior shading, balanced enthalpy heat-recovery ventilation, a high-efficiency natural gas furnace, an electric heat pump for cooling, and electric on-demand hot water heating. Potential live/work or residential conversion is subject to approval, permitting, and applicable regulations.

Key Highlights

  • Two main‑level office suites with three private offices in the north suite and four in the south suite
  • Approximately 8–10 on‑site parking spaces plus a rain garden
  • CM1 – Community Mixed Use zoning supports commercial and mixed‑use opportunities, subject to approvals

Property Analytics

Current Use

Passive House Minnesota Construction Company Intep - Integrated Planning Architect The Edison Ad Charitable Organization Valentina's Cleaning Services (Bike/Boat/Book/etc) Store swissFineLine Building Supply

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Accounting Firm Butcher

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

1,255
Businesses Nearby

Demographics for 55418, MN

31,887
Population
14,859
Households
2.1
Avg Household Size
37
Median Age
51%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,555
Density / Sq Mi
$95,630
Median Household Income
$56,491
Median Earnings
$1,349
Median Rent
$332,500
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 - Renovated office property with two main-level suites, private offices, mixed-use zoning, and flexible lower-level space.
Where is this office building located?
The property is located at 901 23rd Ave Ne Minneapolis, MN.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Two main‑level office suites with three private offices in the north suite and four in the south suite; Approximately 8–10 on‑site parking spaces plus a rain garden; CM1 – Community Mixed Use zoning supports commercial and mixed‑use opportunities, subject to approvals
More about this property
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