4021 Thomas Avenue N Minneapolis, MN $ 4,399,000
4021 Thomas Avenue N
$ 4,399,000
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4021 Thomas Avenue N

Minneapolis, MN, 55412
$ 4,399,000
Bedrooms-- Baths--

Monthly Estimate*

$ 30,383

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Commercial Property for sale in Minneapolis, MN

for $4,399,000. This building was built in 1950 on a lot size of 1.81.

Specialty Building offering three floors of offices, large class rooms, Commercial Kitchen, Gymnasium, social/Dining Hall elevator Air-Conditioned, and limited on-site parking. The seller states since purchase over $1M has bee invested in the building. With 28 offices and 34 class rooms, this specialty building offers several creative uses from office use, Education, Charter School, Medical use, transformation into housing, etc. Ideally this building wood be ideal for a 55+ Community being able to house in individual apartments and offer meals being served in the dinning hall. Support business's including clinic, Dentist, Social/Counselor, Barber shop and Hair Saloon, small convenience store, community Garden, outdoor patio, small movie theater, exercise room, craft room and Library, etc. How about an indoor Pickle Ball Court? Great potential and a start to an already well kept facility. SALE PRICE IS NEGOTIABLE and POSSIBLE LEASE TO QUALIFIED PARTY

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Commercial Active

Price

$ 4,399,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.81

Year Built

1950

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7022923

Features
General
Sewer City Sewer/Connected
Heating Steam
Utilities Electric Common
Garage Spaces 0
Year Built 1950
Tax Year 2025
Current Use Commercial Office Other
Accessibility Accessible Elevator Installed Partially Wheelchair
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name R 24 W
Possible Use Office Other Professional Service Diversified Medical/Dental
Directions Highway #100 Southeast on Brooklyn Blvd (Turns into Osseo Rd.) Right (West) on 45th. Ave. N. South on N. Sheridan Ave. Right (West) one block to Thomas Right (South) to property.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 0
Additional Parcels Y/N N
Virtual Tour https://wellcomemat.com/embed/5dcb621eab741mh40?mls=1
Standard Status Active
Lender Owned No
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Exterior
Parking Features Asphalt Parking Lot Paved Lot Unassigned
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 1.81
Lot Dimensions 266x296
Waterfront Y/N N
Foundation Area 28275
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 4021
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* Excluded Features
List By
Keller Williams Select Realty

Broker

lee.racine@gmail.com

Email

Affordability Calculator

$30,383
Per Month
100%
0%
0%
Monthly Principal & Interest
$30,383
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$4,399,000 -11.84% Price Down
2/17/2026$4,990,000 Listed Price

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4021 Thomas Avenue N, Minneapolis, MN, 55412 is a Commercial Property for sale at $4,399,000 with a lot size of 1.81. 4021 Thomas Avenue N was built in 1950. The property's zip code is 55412 which is in Minneapolis, MN