Very unique opportunity to redevelop this property into large 100+ unit multi family building. 19 Unit Building. 12 Residential Units (8 - 1 Bedrooms, 4 - 2 bedrooms) - 6 Commercial Units - 1 Large warehouse unit. Located on a main busy road in NE Minneapolis close to downtown. 128 x 174 corner lot on High-Volume Arterial Road. Seller financing can be available.
MLS ID: 7046184
Directions: Includes 1842-1852 Central Avenue NE
MLS #: 7046184
Listing courtesy of: RE/MAX Results
Price: $3,500,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial, Residential-Multi-Family
Current Use: Beauty/Barber Shop, Residential, Restaurant, Retail, Warehouse
Total Units: 19
Annual Gross Income: $297,000
Tenant Pays: All Utilities
Owner Pays: Taxes
Overhead Door Clearance: 10-14 Feet
Parking Features: Detached Garage, Paved Lot
Garage SqFt: 3000
Garage Spaces: 6
Owner Occupied: No
AccessibilityFeatures: None
Heating: Forced Air
Year Built: 1897
Foundation Area: 12,166
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Refrigerators: One Per Unit
Utilities: Electric Separate, Heating Separate
Complex/Dev/Sub Name: Wilsons Rgt Blks East Side Add
Lot Dimensions: 128x175
Road Frontage: City Street
District: Minneapolis
District Number: 1
District Phone: 6126680000
County: Hennepin
Survey Range: 24
Survey Section: 11
Survey Township: 29
Tax Year: 2026
Tax Amount: $26,204
Assessment Pending: Unknown
Taxes w/Assessments: $26,204
This listing was last updated by RE/MAX Results on 6/10/2026 at 1:54 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 6/16/2026 6:06 pm.
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