1844 Central Avenue NE Minneapolis, MN ^$ 3,500,000

1844 Central Avenue NE

^$ 3,500,000

Back to search

1844 Central Avenue NE

Minneapolis, MN, 55418

^$ 3,500,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 24,174

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 1

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 2

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 3

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 4

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 5

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 6

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 7

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 8

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 9

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 10

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 11

1844 Central Avenue NE, Minneapolis, MN 55418 - Image 12

Commercial Property for sale in Minneapolis, MN

for $3,500,000. This building was built in 1897 on a lot size of 0.52.

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.

Commercial Active

Price

^$ 3,500,000

Property Type

Commercial

Taxes

^$ 26,204

Style

Lot Size

0.52

Year Built

1897

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7046184

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Separate Heating Separate

Garage Spaces 6

Year Built 1897

Tenant Pays All Utilities

Tax Year 2026

Current Use Beauty/Barber Shop Residential Restaurant Retail Warehouse

Gross Income 297000

Accessibility None

County Hennepin

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Wilsons Rgt Blks East Side Add

Directions Includes 1842-1852 Central Avenue NE

City Minneapolis

High School District Minneapolis

Zoning Description Business/Commercial Residential-Multi-Family

Number Of Units Total 19

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 26204

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features Detached Garage Paved Lot

Lot Features Public Transit (w/in 6 blks) Corner Lot

Water Source City Water/Connected

Inclusions Building Land Leases Rental License

Lot Size Area 0.52

Lot Dimensions 128x175

Waterfront Y/N N

Foundation Area 12166

Road Frontage Type City Street

Interior

Basement (Y/N) N

Total Bedrooms 0

Total Baths 0

Fuel Natural Gas

Garage Square Feet 3000

Internal Only

Street Number 1 1844

* Excluded Features

List By

Re/Max Results

Broker

scott.swennes@results.net

Affordability Calculator

$26,357

Per Month

Monthly Principal & Interest: $24,174
Monthly Property Taxes: $2,184
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,095,414

Percent of Sale Price 69%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/10/2026	$3,500,000	-9.09%	Price Down
3/31/2026	$3,850,000		Listed Price

Map

More homes like this one

homes for you

See all

1844 Central Avenue NE, Minneapolis, MN, 55418 is a Commercial Property for sale at $3,500,000 with a lot size of 0.52. 1844 Central Avenue NE was built in 1897. The property's zip code is 55418 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1844 Central Avenue NE

Commercial Property for sale in Minneapolis, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home