Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    221 Cedar Ave Minneapolis, MN 55454

    • Commercial real estate
    • 0.12 lot acres
    For Sale
    View listing
    $2,150,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-0887293
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 221 Cedar Ave

    Year built
    1900
    Lot size
    0.12 lot acres
    Property type
    Commercial real estate
    APN
    25-029-24-23-0075

    Description

    This exceptional mixed-use property, located at 221 Cedar Ave, Minneapolis, MN 55454, presents a compelling investment opportunity. The Republic at Seven Corners is a Class B, multi-tenant building boasting 10 apartment units (five one-bedroom and five two-bedroom) situated above a vibrant, 10,109 square foot ground-level pub. The property sits on a 0.12-acre lot (APN 25-029-24-23-0075) and is zoned C3A. Built in 1900, the building offers a total gross leasable area exceeding 20,000 square feet. Currently enjoying 100% occupancy, this asset presents a unique chance for a hands-on investor. Eight of the ten apartment units have already undergone renovations, providing a solid foundation for future growth. The property's prime location at Seven Corners, adjacent to the University of Minnesota Law School and Carlson School of Management, ensures strong tenant demand. Cosmetic upgrades to the remaining residential units offer significant potential for rental income increases. This is an ideal acquisition for an investor seeking a value-add opportunity in a high-demand Minneapolis location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2469139
    Latitude
    44.973203

    Comparable in this City

    • $108,999
      753 SF

      Convenient City Living Apartment

      Apartment near transit, universities, stadium, restaurants, and entertainment.
      1824 S 5Th St, Minneapolis, MN 55454
      View Details
    • $125,000
      650 SF

      Condo with Mississippi River Views

      Remodeled condo with river views, close to amenities and U of M.
      1920 S 1St St, Minneapolis, MN 55454
      View Details
    • Contact for pricing
      0.31 Acres

      Minneapolis Residential Land - 0.31 Acres

      Prime Minneapolis land, RM3 zoning, near U of M.
      21 20Th Ave, Minneapolis, MN 55454
      View Details
    • $650,000
      5,400 SF

      Turnkey Restaurant Opportunity Near University

      Fully renovated restaurant building near University of Minnesota.
      1829 Riverside Ave, Minneapolis, MN 55454
      View Details
    • Contact for pricing
      55,635 SF

      Minneapolis School Building For Sale

      Spacious 55,635 SF school building with redevelopment potential.
      2220 16Th Ave N, Minneapolis, MN 55454
      View Details
    • Contact for pricing

      Land in Bluff Street Park

      Approximately 0.31 acres of land in Minneapolis, Minnesota.
      21 20Th Ave S, Minneapolis, MN 55454
      View Details

    Similar Nearby for Sale

    • $108,999
      753 SF

      Convenient City Living Apartment

      Apartment near transit, universities, stadium, restaurants, and entertainment.
      1824 S 5Th St, Minneapolis, MN 55454
      View Details
    • $125,000
      650 SF

      Condo with Mississippi River Views

      Remodeled condo with river views, close to amenities and U of M.
      1920 S 1St St, Minneapolis, MN 55454
      View Details
    • Contact for pricing
      0.31 Acres

      Minneapolis Residential Land - 0.31 Acres

      Prime Minneapolis land, RM3 zoning, near U of M.
      21 20Th Ave, Minneapolis, MN 55454
      View Details
    • Contact for pricing

      Land in Bluff Street Park

      Approximately 0.31 acres of land in Minneapolis, Minnesota.
      21 20Th Ave S, Minneapolis, MN 55454
      View Details
    • $650,000
      5,400 SF

      Turnkey Restaurant Opportunity Near University

      Fully renovated restaurant building near University of Minnesota.
      1829 Riverside Ave, Minneapolis, MN 55454
      View Details
    • Contact for pricing
      55,635 SF

      Minneapolis School Building For Sale

      Spacious 55,635 SF school building with redevelopment potential.
      2220 16Th Ave N, Minneapolis, MN 55454
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,109 SF

      Bar/Restaurant & Apartments Opportunity

      Bar/restaurant with apartments above near the University of Minnesota campus.
      221-225 Cedar Ave S, Minneapolis, MN 55454
      View Details
    • Contact for pricing
      2,079 SF

      Medical Office Space for Rent

      Medical office space near the University of Minnesota Medical Center.
      701 25Th Ave S, Minneapolis, MN 55454
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    221 Cedar Ave
    Minneapolis, MN 55454
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.