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3809 42nd Avenue S Minneapolis, MN $ 3,000,000
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$ 3,000,000 Get more info
3809 42nd Avenue S
$ 3,000,000
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3809 42nd Avenue S

Minneapolis, MN, 55406
$ 3,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 20,720

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Commercial Property for sale in Minneapolis, MN

for $3,000,000. This building was built in 1997 on a lot size of 0.58.

Well-maintained commercial building located in the desirable Howe/Hiawatha neighborhood. This property is currently 80% occupied with a strong tenant mix, including urgent care and professional office/service businesses. The building features a 27-space parking lot and is fully ADA accessible, providing convenience for tenants and visitors. Recent updates include elevator improvements, a partial commercial kitchen, and additional upgrades throughout. This is a great opportunity for an owner-user or investor seeking a stable income-producing property with future upside.

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Commercial Active

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 74,737

Style

Lot Size

0.58

Year Built

1997

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7103664
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Electric Separate Heating Common Heating Separate
Garage Spaces 0
Year Built 1997
Tax Year 2025
Current Use Professional/Office Office Professional Service
Accessibility Doors 36 + Accessible Elevator Installed Fully Wheelchair Hallways 42 + Accessible for Hearing-Impairment
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name L D Richardsons 2nd Add
Directions Corner of 38th st E and 42 Ave S
City Minneapolis
High School District Minneapolis
Zoning Description Business/Commercial
Number Of Units Total 20
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 74737
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Parking Lot Paved Lot
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.58
Lot Dimensions 127x199
Waterfront Y/N N
Foundation Area 9853
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 3809
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* Excluded Features
List By
Northstar Real Estate Associates

Broker

Affordability Calculator

$26,948
Per Month
77%
23%
0%
Monthly Principal & Interest
$20,720
Monthly Property Taxes
$6,228
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/7/2026$3,000,000 Listed Price

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3809 42nd Avenue S, Minneapolis, MN, 55406 is a Commercial Property for sale at $3,000,000 with a lot size of 0.58. 3809 42nd Avenue S was built in 1997. The property's zip code is 55406 which is in Minneapolis, MN

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