1042 18Th Ave SE Minneapolis, MN 55418

Property Details for 1042 18Th Ave SE

Year built

1910

Construction

CONCRETE

Lot size

2.60 lot acres

Property size

42,470 SF

Zone code

R1A

Property type

Commercial real estate

APN

19-029-23-22-0083

APU

1902923220083

Description

This exceptional 63,305 square foot, three-story building presents a unique redevelopment opportunity. Situated on a 2.6-acre lot in Minneapolis, MN, this property boasts a rich history, having been constructed in phases (1910, 1926, and 1980). The building features approximately 22 rooms, each averaging 874 square feet, equipped with toilet rooms and sinks. Larger spaces, including a gymnasium and auditorium, are also available, along with offices and workrooms. The property includes well-maintained mechanical systems and ample parking, featuring both off-street parking and an additional lot at the corner of 19th and Como Ave. Outdoor areas encompass paved and grassy spaces. Its prime location, just one block from East Hennepin and Como Avenue SE, and one mile from the University of Minnesota Minneapolis campus, places it in the vibrant creative heart of Northeast Minneapolis. The property is offered with a triple net (NNN) lease and rent bumps are available. Ideal for adaptive reuse as a community center, mixed-use development, housing project, maker space, or other creative ventures. Charter/private schools and childcare centers will not be considered.