2907 Hennepin Ave Minneapolis, MN 55408
Property profile & analytics
2907 Hennepin Ave Minneapolis, MN 55408
- Commercial real estate
- 19,215 SF
- 0.19 lot acres
Property ID
US46-0582680
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 2907 Hennepin Ave
- Year built
- 1925
- Construction
- CONCRETE
- Lot size
- 0.19 lot acres
- Property size
- 19,215 SF
- Zone code
- C3A
- Property type
- Commercial real estate
- APN
- 33-029-24-43-0084
- APU
- 3302924430084
Description
This exceptional three-story, 27,010-square-foot commercial building, constructed in 1925, presents a unique investment opportunity in Minneapolis' vibrant Uptown neighborhood. The property, situated on a 0.19-acre lot (APN 33-029-24-43-0084), offers multiple tenancy options, with three available spaces ranging from 5,545 to 7,385 square feet, ideal for retail or office use. Its prime location on Hennepin Avenue provides unparalleled access to the area's bustling amenities, including numerous restaurants and retail establishments. The Midtown Greenway is just a block away, offering convenient bicycle commuting, and the Metro Transit hub is nearby for easy public transportation access. The building benefits from excellent highway connectivity, with I-35W, I-394, I-94, and MN-100 easily accessible. Its proximity to Bde Maka Ska and Lake of the Isles adds to its appeal. The Uptown neighborhood boasts a diverse population (37,211) with a high average household income ($105,573) and a median age of 32, creating a strong market for both retail and office tenants. This property represents a rare chance to acquire a well-positioned asset in a thriving and desirable location. The building's traditional office subtype and its location within the Hennepin Avenue Corridor and near the Lyn-Lake hotspot offer significant potential for growth and return on investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,315,000
Market price range: $783k - $2.75M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2979
- Latitude
- 44.9496
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$85,892
$613,300
$2,146,700
$2,760,000
-
$613,300
$2,146,700
$2,760,000
