418 N 3Rd Ave, Minneapolis, MN 55401
For Sale
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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.
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Pyramid Night Club Nightclub DJ & Entertainment
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Pyrmd Nightclub Bar & Pub
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4S-2 · Minneapolis, MNMinneapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.