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5022 34th Avenue S Minneapolis, MN $ 625,000
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$ 625,000 Get more info
5022 34th Avenue S
$ 625,000
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5022 34th Avenue S

Minneapolis, MN, 55417
$ 625,000
Bedrooms-- Baths-- Sq 1,408

Monthly Estimate*

$ 4,317

5022 34th Avenue S, Minneapolis, MN 55417 - Image 1
5022 34th Avenue S, Minneapolis, MN 55417 - Image 2
5022 34th Avenue S, Minneapolis, MN 55417 - Image 3
5022 34th Avenue S, Minneapolis, MN 55417 - Image 4
5022 34th Avenue S, Minneapolis, MN 55417 - Image 5
5022 34th Avenue S, Minneapolis, MN 55417 - Image 6
5022 34th Avenue S, Minneapolis, MN 55417 - Image 7

Commercial Property for sale in Minneapolis, MN

for $625,000. This 1,408 square foot building was built in 1950 on a lot size of 0.199977.

Outstanding redevelopment opportunity with exceptional long-term potential. The 2040 Plan allows for development up to four stories, creating exciting possibilities for investors, developers, and owner-users. Situated in a neighborhood experiencing significant revitalization, this property is well-positioned to benefit from continued growth and investment. Enjoy excellent walkability and convenient access to shopping, major freeways, light rail, and the airport. Currently operating as a used care sales lot, the property offers immediate functionality while future development plans take shape. Seller is open to a Contract for Deed, providing added flexibility for qualified buyers.

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Commercial Active

Price

$ 625,000

Property Type

Commercial

Taxes

$ 11,014

Style

Lot Size

0.199977

Year Built

1950

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7089488
Features
General
Sewer City Sewer/Connected City Sewer - In Street
Heating Forced Air
Utilities Electric Separate
Garage Spaces 2
Year Built 1950
Levels One
Tax Year 2026
Current Use Other
Accessibility None
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Directions From Hwy 62 Head North on 34th to property.
City Minneapolis
High School District Minneapolis
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Square Feet
Land Lease Y/N N
Tax Annual Amount 11014.32
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Attached Garage Concrete
Water Source City Water/Connected City Water - In Street
Inclusions Building Business
Lot Size Area 8711
Building Area Total 1408
Lot Dimensions 131x66
Waterfront Y/N N
Foundation Area 1408
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Interior
Basement (Y/N) N
Fuel Natural Gas
Garage Square Feet 1248
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Internal Only
Street Number 1 5022
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* Excluded Features
List By
Coldwell Banker Realty - Southwest Regional

Broker

RMPlatzke@CBRealty.com

Email

Affordability Calculator

$5,235
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$918
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
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Pricing History
DatePricePrice ChangeDescription
9/23/2026$625,000 -3.83% Price Down
6/9/2026$649,900 Listed Price

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5022 34th Avenue S, Minneapolis, MN, 55417 is a Commercial Property for sale at $625,000 with 1,408 sqft and a lot size of 0.199977. 5022 34th Avenue S was built in 1950. The property's zip code is 55417 which is in Minneapolis, MN

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