418 3Rd AveMinneapolis, MN 55401

Property Details for 418 3Rd Ave

Year built

1884

Construction

BRICK

Lot size

0.08 AC

Property size (Sq ft)

11,648 SF

Zone code

B4S-2

Property type

Other commercial real estate

APN

22-029-24-42-0043

APU

2202924420043

Description

This impeccably restored mixed-use property at 418 3rd Avenue N, Minneapolis, MN, offers 15,182 square feet on a 0.08-acre lot. Priced at $3,800,000, this brick building presents a unique investment opportunity in the vibrant North Loop neighborhood. Its prime location places it within easy walking distance of major sporting venues, including the Twins and Wolves games, and the area's best restaurants and retail establishments. The building's versatility allows for a variety of uses, catering to multiple tenants or a single owner. The top floor is currently configured as a luxurious owner's apartment, complete with rooftop access, offering stunning city views. This space could easily be adapted to suit a variety of needs. The building's exceptional condition and desirable location make it an ideal investment for those seeking a high-return property in a thriving urban environment. The potential for both residential and commercial tenants provides significant flexibility and income potential. This is a rare opportunity to acquire a fully restored, mixed-use property in one of Minneapolis' most sought-after neighborhoods. The building's strong structural integrity and modern amenities combine to create a truly exceptional offering. The possibilities are endless, from creating a high-end urban residence to developing a thriving multi-tenant commercial space. Don't miss this chance to own a piece of Minneapolis' vibrant North Loop.

• Alternative Use

  Use

  Valuation

  Residential

  $2,451,246

  Hospitality

  $2,245,328

  Educational

  $1,868,086

  Medical

  $1,932,333

  Retail

  $2,905,912

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Latitude

44.9826

Longitude

-93.2757

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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