4308 Chicago Avenue Minneapolis, MN $ 550,000
4308 Chicago Avenue
$ 550,000
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4308 Chicago Avenue

Minneapolis, MN, 55407
$ 550,000
Bedrooms1 Baths2.0

Monthly Estimate*

$ 3,799

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Commercial Property for sale in Minneapolis, MN

for $550,000 with 1 bedroom and 2 full baths. This building was built in 1911 on a lot size of 0.11.

Completely renovated, turn-key commercial property offering exceptional office potential with extensive improvements inside and out. The main level offers an excellent combination of large open work areas, four individual offices, a reception area, and a common area, as well as other business needs, including a kitchenette and a 1/2 restroom. The finished lower level provides substantial additional usable space, with separate entrances at both the front and rear of the building. It includes a bedroom with egress window, an additional office space, a kitchenette, and a bathroom, providing excellent separation and flexibility for a variety of business or office configurations. Updated flooring, recessed lighting, new bathrooms but major improvements extend well beyond cosmetic finishes, including new roof, new HVAC equipment, new plumbing, and a new electrical system. Outside, the property features a fully fenced backyard with alley access, offering additional privacy, convenience, and usable exterior space. This property presents an excellent opportunity to acquire a truly turn-key commercial building with substantial finished office space and a highly adaptable layout that is ready for immediate use.

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Commercial Active

Price

$ 550,000

Bedrooms

1

Full Bath

2

Property Type

Commercial

Taxes

$ 8,213

Style

Lot Size

0.11

Year Built

1911

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7119638

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Flat
Garage Spaces 0
Construction Materials Block Stone
Year Built 1911
Levels One
Tax Year 2026
Current Use Office
Accessibility Wheelchair Ramp(s)
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Higgins 1st Add
Possible Use Office Professional Service
Directions Get on MN-65 3 min (0.8 mi) Take I-35W S to Stevens Ave. Take exit 13 from I-35W S 4 min (3.4 mi) Follow E 46th St to Chicago Ave 4 min (1.0 mi) Destination will be on the left
City Minneapolis
High School District Minneapolis
Zoning Description Business/Commercial Residential-Single Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8213
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Egress Window(s) Finished Single Tenant Access
Basement (Y/N) Y
Total Bedrooms 1
Total Baths 2
Foundation Dimensions 50x30
Fuel Natural Gas
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 0
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Exterior
Fencing Full
Parking Features Open
Lot Features Cleared
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.11
Lot Dimensions 40 x 124
Waterfront Y/N N
Foundation Area 1500
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 4308
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* Excluded Features
List By
National Realty Guild

Broker

jacpallares@pallareshomes.com

Email

Affordability Calculator

$4,483
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$684
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
8/6/2026$550,000 Listed Price

Map


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4308 Chicago Avenue, Minneapolis, MN, 55407 is a Commercial Property for sale at $550,000 with a lot size of 0.11. 4308 Chicago Avenue has 1 bedrooms, 2.0 baths, and was built in 1911. The property's zip code is 55407 which is in Minneapolis, MN