The iconic Avalon Theater is nestled in the vibrant East Lake Street neighborhood of Midtown Phillips. It is in the heart of a bustling Opportunity Zone, which can offer certain tax incentives to investors. Notable for the signature art deco exterior façade and towering marquee, this expansive space accommodates a variety of potential uses ranging from theater to community or educational space, place of worship, or fitness center. The options are truly vast. The building features a newly remodeled office, kitchenette, and board room (2021), updated HVAC system (2018), as well as an ADA bathroom on the main level. It has excellent visibility on a commercial corridor, strong connection to public transit, freeway access, & an array of restaurants, area businesses and a thriving residential community.
Unique opportunity to own nearly 1/4 city block in MPLS! Mixed-use building - currently 2 units on main floor rented by the same long term tenant $2400/month - steady & reliable income. They would prefer to stay. 2 Residential apartments above - 1BR apartment on north side is month to month - $750 (under market). Very large & unique studio apartment is owner occupied with 12 foot ceilings & large roof top deck shared with the other one bedroom apartment. Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit. 4 car+ garage is currently used by the owners, but has been rented to neighbors/tenants in the past for additional income. Close date is flexible.
Come see this fully stabilized 7-unit property in a great location in SE Minneapolis. Every unit in this building has been rehabbed within the last few years. Solid rents in place, but there is definitely room for rent bumps. This property's proximity to the U of M campus and downtown gives it a strong student rental base. The back parking lot has recently been redone to add extra parking spaces for tenants. Come and drive by the property! It sits in a quiet neighborhood while still being just blocks away from some of Minneapolis's best restaurants.
Great location! Just south of downtown one block from light rail!
Welcome to your future investment opportunity at 4645 Nicollet Ave in Tangletown in Minneapolis. This brand-new, development offers flexibility with options ranging from a 12-unit to a 45-unit luxurious apartment complex, designed with modern living in mind. **Unit Types:** A variety of floor plans, including studio, one-bedroom, and two-bedroom apartments. **Modern Design:** Each unit features contemporary finishes, open-concept layouts, and large windows for ample natural light. **Sustainability:** Built with eco-friendly materials and energy-efficient systems to reduce environmental impact. **Smart Home Technology:** Equipped with smart thermostats, keyless entry, and high-speed internet connectivity. **Situated in the vibrant neighborhood of Minneapolis, known for its lively atmosphere, dining, and shopping options. **Convenient access to public transportation, major highways, and downtown Minneapolis. **Close proximity to parks, schools, and recreational facilities. **Ideal for investors seeking a high-demand rental property in a growing area. **Attractive rental yields and potential for long-term appreciation. **Flexible building options available, from as low as two 12-unit complexes to one 45-unit building. More information available upon request
Opportunity knocks! Walking distance (about a block) to the new upper harbor terminal site! (And Grand Rounds bikeway!) Located in a production mixed-use district, there are multiple options for what can be done with this property besides residential. Could easily be a live/work space. Current owner uses the large heated garage as a studio. Basement and garage are walkout level to 2nd Ave, while the front of the property walks out on the upper/main level to Washington Ave. FANTASTIC deck with glassed-in porch and outdoor fireplace above the garage! Get in before the crowd and secure your view of the Mississippi river, walking distance to a huge future park with performance venue (Airbnb, perhaps?) and more. Must see!!
Great opportunity for redevelopment into apartments or condos. 0.6 acres on Chicago Ave across from Peavey Park. Ideal centralized location half a mile from Minnesota Children?s and Abbot Northwestern Hospitals. Less than 1.5 miles to the center of Downtown Minneapolis and 2.5 miles to the University of Minnesota. Zoned for mixed use with the ability to build up to six stories, providing great scenic views of Minneapolis. Buyer and buyer's agent to verify all measurements, taxes, and information.
Turn key six unit building in excellent location. Solid and steady performer with 1 eff, 3 one bed and 2 two bed units. Heat, electric and AC are fully separated: tenants pay all heat and electricity including hot water heat (six separate hot water heaters!). Mini splits with AC are in all units. Newer roof and siding, electric replaced in 2020. Units fully updated and historically easy to rent. All tenants month to month.
? Aaron Goldstein ? Welcome to 2000 Lyndale Avenue South – the ultimate destination for retail and food entrepreneurs in Minneapolis! This prime corner property offers unparalleled visibility at one of the city's busiest intersections. With high ceilings and abundant natural light, the space creates an inviting atmosphere for customers to explore and dine. Indoor parking ensures convenience for both patrons and staff. Affordable rent and flexible leasing terms make it easy to establish or expand your retail or food business in this vibrant location. Don't miss the opportunity to claim your spot at this bustling intersection and make your mark in Minneapolis' thriving urban scene. Schedule a viewing today!
Impeccably restored mixed-use property in the heart of the North Loop. Live/work/retail/play out of this beautiful brick building just steps away from the Twins and Wolves games, the best restaurants and retail in the Twin Cities, and more. Top floor is built as an owner's apartment with rooftop access. So many possibilities for multiple tenants; or build-out the luxury urban getaway or your dreams.
Welcome to one of the finest 5-unit apartment properties you’ll ever find! This charming 1920s vintage building, purchased in 1993 and lovingly maintained, has only had 3 owners, showcases a continual dedication to quality. The enduring care is evident in the beautifully preserved woodwork, hardwood floors, built-in buffets, and overall excellent mechanical condition. The 2-bedroom units are exceptionally spacious, featuring separate living and formal dining rooms that give the feel of a single family home or duplex. The large kitchens offer informal dining areas, perfect for a bistro table or an island with stool seating. The generously sized 1-bedroom garden-level unit is bright and welcoming, thanks to its well-placed windows. The garden level also includes a sunny laundry room, a tenant/owner workshop, and ample storage for both tenants and the owner. As a bonus, the huge unfinished attic presents potential for second-floor unit expansion. Residents also enjoy the large fenced backyard and convenient off-street 5 car parking.
Welcome to this unique and historic Elliott Park Brownstone located in the heart of downtown Minneapolis. This stunning property offers a rare opportunity to own a fully functioning short term rental business with two 2-bedroom units and one 1-bedroom unit, each with a 4.8 star rating on Air BNB. The property features a rooftop deck (Unit 3 Only) with sweeping views of the city, perfect for entertaining or relaxing after a long day. The basement has the potential to be converted into a fourth rental unit, providing even more income potential for the savvy investor. Enjoy the privacy of your own backyard oasis, a rare find in the bustling downtown area. With three off-street parking spaces, parking will never be an issue for you or your guests. This brownstone underwent a full gut remodel in 2008, blending modern amenities with historic charm. Walk to US Bank Stadium, theaters, restaurants, and more from this ideal location. Don't miss your chance to own this one-of-a-kind property in a prime downtown location. Schedule a showing today and make this unique brownstone your own!
Come make this wonderful space your own! This building has not been used in 20+ years, and needs some TLC. Used to be a high school, which has 4 classrooms on main level, along with 2 bathrooms with multiple stalls. Upstairs includes 7 office spaces along with a full kitchen and 2 more bathrooms, along with multiple storage areas, and off street parking in back of building.
Industrial commercial property located in N Minneapolis at Dowling Ave and Interstate 94. Nearly 2 acres comprising 5 parcels. Partially rented property with billboard and cell tower revenue.. 5 of 15 inside spaces currently leased. 90 vehicle spaces on property leased. Reno ongoing SE corner of building due to fire.
ATTRACTIVE 21-UNIT IN THE HIGHLY SOUGHT AFTER WHITTIER PARK NEIGHBORHOOD OF MINNEAPOLIS, MINNESOTA. ALL BRICK AND STUCCO EXTERIOR BUILT IN 1966 WITH GREAT CURB APPEAL. THE UNIT MIX FEATURES TWO WELL APPOINTED 2-BEDROOMS, FIFTEEN LARGE 1-BEDROOMS, AND FOUR STUDIOS. MOST OF THE APARTMENTS HAVE BEEN RENOVATED INCLUDING NEWER KITCHENS, BATHROOMS, LVP FLOORING, LIGHTING FIXTURES, AND UPDATED APPLIANCE PACKAGES. PROPERTY HAS NEWER DOUBLE PANE VINYL REPLACEMENT WINDOWS, TWO ENERGY EFFICIENT HOT WATER BOILERS, AND NEWER COIN OPERATED LAUNDRY MACHINES. CLOSE PROXIMITY TO THE MINNEAPOLIS COLLEGE OF ART & DESIGN (MCAD), MPLS. INSTITUTE OF ARTS MUSEUM, AND DOWNTOWN.
Apartment with new roof & updated units blocks from Lake and Lyndale in Uptown. Appraised within the last three years for $2.4 million. Management in place willing to stay on during a 6 month transition period. 5 - 2 BR units and 7 - 1 BR units. Some furnished units. Seller has made significant improvements and investments to the property in the last several years. Near the lakes, the heart of Uptown, US Bank Stadium and the Convention Center, many shops & restaurants. Open layouts, updated kitchens and baths & new roof. Don’t miss this rare chance for an equity building investment with value add opportunity.
BROTHER LOUIS HALL IS JUST UNDER 39-THOUSAND SQUARE FEET OF SPACE AND IS FILLED WITH CLASSROOMS AND OFFICES. LAST RENOVATED IN 2008, THE BUILDING AND ITS TWO PARKING LOTS FOR 49 CARS, IS IN GREAT SHAPE AND IS MOVE-IN READY FOR A SCHOOL (EARLY EDUCATION, ELEMENTARY, MIDDLE, OR HIGH SCHOOLS). OTHER POTENTIAL USES INCLUDE: OFFICE PROPERTY, CHILD CARE AND SENIOR CARE CENTERS, MULTI-FAMILY OR RESIDENCES WITH CONVERSION OR MEDICAL USE. THE PROPERTY IS ZONED COMMERCIAL RM3, IS ADA COMPLIANT, AND IF NEEDED COULD BE RECONFIGURED INTO A MULTI-TENANT PROPERTY OR EVEN A REDEVELOPMENT OPPORTUNITY. THE PROXIMITY TO DOWNTOWN MINNEAPOLIS AND EASE OF ACCESS TO 35W AND I-94 ARE CONSIDERABLE BENEFITS TO OWNERSHIP. ALL MECHANICALS HAVE BEEN WELL-MAINTAINED AND IN GREAT CONDITION. THE BUILDING ALSO HAS AN EXTRA-LARGE GARAGE DOOR LEADING TO A LARGE AREA FOR STORING EQUIPMENT RANGING FROM SNOW AND LAWN CARE EQUIPMENT TO SERVICE VEHICLES.
This property has been relisted to include all PID'S associated with the property: 1602924110007 1602924110020 1602924110008 1602924110009 1602924110010 1602924110183 1602924110184 1602924110185 Spectacular Beautiful Church with School for Sale – Endless Potential! Discover the grandeur and immense potential of this spectacular church. This impressive building, with its exquisite stained glass and magnificent cathedral ceilings, offers a unique opportunity for well-funded buyers looking to invest in a property with versatile uses. Key Features: - Sanctuary: Accommodates 400+ attendees, featuring a mezzanine level. - Architectural Beauty: Gorgeous stained glass windows and majestic cathedral ceilings. - Commercial Kitchen: Fully equipped kitchen with a cafeteria that seats up to 100 people. - School Building: Includes a separate school facility, ideal for educational programs. - Onsite Parking: Over 30 parking spaces for convenience. - Upper Level Apartment: A 3-bedroom apartment, perfect for an onsite caretaker or additional rental income. - Security: Equipped with an alarm system and cameras for added peace of mind. (Cameras are rented by subscription with Comcast)
Terrific Lowry Hill East location, convenient to so many things and minutes to downtown. Spacious and unique multi unit building. Five 1 bedroom units. Two of the units have their own private entrances too. Three 1 bedroom efficiencies that share a common kitchen and bath. Seller has owner occupied and has a terrific history of renting these units on monthly basis. Lots of updates in recent years, updated roof, chimneys, driveway, updated water lines, updated decor and so much more. Two of the one bedroom units have beautiful fireplaces. In floor heating for the lower level bedrooms, combination of hot water and forced air for other units. Combination of some window a/c and split ducts too in some units. All appliances stay including shared washer/ dryer in lower level. Three car garage plus additional off street parking. Seller will leave all the units mostly furnished and ready for you to rent the units.
Archer Apartments is an upscale, modern 43-unit residential apartment building close to the UofM campus, downtown Minneapolis, and the popular St. Anthony Main neighborhood. This rare opportunity to bolster any residential and/or commercial portfolio with a turn-key property does not hit the market often. Operating as a fully residential community under professional management, Archer has achieved consistent occupancy performance of 95%+ since it's completion in 2018. Features and amenities include (39) 1-bedroom units, (4) studio units, (18) parking spots in heated first floor garage, a gym, a secure bike storage room, multiple shared community room spaces including a rooftop deck with built-in grill, an Amazon package locker and modern mail box system, elevator, and Butterfly entry technology system. As an A-Class property situated on a corner lot in NE Minneapolis, Archer is sure to impress investors and tenants alike with full kitchen suites, garbage disposals, and in-unit laundry for each apartment. Buyer and Buyer's agent to verify all measurements.
Lower-Level Units available, #106/108 1 suite $685, or 2 separate units with windows 12 x18 ($450), 9 x 18 ($350)- Windows in both Unit #103 - large space 15 x 25! $500 (With block window) PHONE SYSTEMS AND INTERNET extra $100 per month, or $50 for internet Unit #110- no window, 8 x 17 $300 -PHONE SYSTEMS AND INTERNET extra $100 per month, or $50 for internet New LL space – Converting old storage to simple space off of the kitchen- $250 (No windows)- (It is where technology for building is located, so tenant must allow access). Unit #101 – 12 x 20 - No window- $475/mo.
Tremendous opportunity for an owner/occupant to work from this blank slate! High visibility location on Hennepin Avenue!
A very unique investment opportunity with this 5 unit property. Each unit being 4 bedrooms making 20 total bedrooms. Great income generating property for investors looking in the Minneapolis area. Call for more information. *At least 24 hour notice required on all showings*.
Minneapolis is located in Minnesota. Minneapolis, Minnesota has a population of 425,091. Minneapolis is less family-centric than the surrounding county with 30.62% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Minneapolis, Minnesota is $70,099. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Minneapolis is 32.7 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 31.9 inches per year, with 52.4 inches of snow per year.