3759 Bloomington Ave Minneapolis, MN 55407
Property profile & analytics
3759 Bloomington Ave Minneapolis, MN 55407
- Retail space
- 0.34 lot acres
Property ID
US46-0454917
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
- Retail space
Property Details for 3759 Bloomington Ave
- Year built
- 1914
- Lot size
- 0.34 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 02-028-24-44-0072
Description
This exceptional mixed-use property, located at 3759 Bloomington Avenue in Minneapolis, Minnesota, presents a compelling value-add opportunity. The 12,383 square foot building, constructed in 1914, sits on a 0.34-acre lot and boasts a prime corner location at the intersection of Bloomington Avenue and E 38th Street, ensuring high visibility. The property comprises ten units: four three-bedroom residential units and six retail suites. While a portion of the building sustained fire damage in the past (affecting non-structural elements only), the southern tower underwent substantial renovations between 2017 and 2018, including a new roof, updated electrical systems, a new hot water heater, new boilers, and new air conditioning. These renovations resulted in two currently occupied residential units, showcasing the property's potential. The building offers approximately 20 parking spaces, a significant benefit for both residential and commercial tenants. Currently, most units are vacant, providing a blank canvas for renovation and lease-up. The property is being sold as-is, making it ideal for investors seeking a project with significant upside potential. The seller is open to a contract for deed or seller carryback financing. This unique blend of residential and retail space, coupled with its location in the vibrant Powderhorn Park neighborhood and the potential for substantial improvements, makes this a highly attractive investment prospect. The Hennepin County APN is 02-028-24-44-0072. The property consists of one two-story building.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2521259
- Latitude
- 44.9343071
