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$600,000
7094590 MLS
Prime RM3 Investment Opportunity – 2318 1st Ave S, Minneapolis. Position your portfolio for success with this 6,009 SF multi-use commercial property in the heart of Minneapolis. Built in 1920 and situated on a prominent corner lot, this property offers the rare combination of historic architecture, flexible zoning, and strong location fundamentals—a winning formula for investors and owner-users alike. Currently configured as professional office space, the building features three separate entrances across three floors plus a lower level, allowing for multi-tenant use or conversion to mixed-use, residential, or institutional operations. The RM3/BFI3 zoning supports a broad range of uses including large-scale dwellings, professional offices, and major institutional tenants, giving investors a flexible foundation for future growth or repositioning. Nine off-street parking stalls—a rare urban luxury—enhance accessibility and tenant appeal. With the previous owner (a long-standing accounting firm) now relocated, the property is move-in ready or available for immediate redevelopment or lease-up strategy. Located just steps from Eat Street, the Minneapolis Institute of Art, and Midtown Global Market, this property sits within one of the city’s most vibrant and transit-connected neighborhoods. The strong surrounding tenant mix, bike and bus accessibility, and proximity to downtown create a high-demand environment for professional users and long-term investment stability. Investment Highlights: - 6,009 SF brick building (approx. 4,862 SF finished) on a corner lot - RM3/BFI3 zoning – ideal for office, residential, or institutional uses - 3 separate entrances for multi-tenant or flexible layouts - 9 off-street parking stalls – rare in core Minneapolis - Solid 1920 construction with timeless architectural appeal - Vacant and ready for occupancy, repositioning, or redevelopment - Surrounded by high-demand cultural and commercial amenities - Located in a strong rental and employment corridor near downtown 2318 1st Ave S represents a smart acquisition for investors seeking a versatile, centrally located asset with multiple upside paths—whether through adaptive reuse, multi-tenant office leasing, or future residential conversion.

2318 1st Avenue S, Minneapolis

Listing courtesy of Keller Williams Realty Integrity.

$695,000
2 Beds 2 Baths 7059732 MLS
The main level offers 1,365 square feet, providing four offices, a reception area/bullpen, a kitchenette, and a bathroom. Additionally, there is 1,400 square feet of dry basement storage space, perfect for extra inventory or supplies. The property is located just two blocks from Lake Bde Maka Ska. The upper level Apartment features a two-bedroom apartment with 1,300 square feet of living space, complemented by an approximately 600-square-foot deck. Residents can enjoy a wonderful view from the deck. The property boasts excellent visibility on Irving and 31st Street, with corner-facing signage. The heated garage accommodates two large utility vans, and the lot provides parking for up to eight vehicles. Garage currently rented out @200/MO. Located on a bus line, this property is an ideal choice for small businesses such as attorney, therapy, accountant, mortgage, insurance, construction, or cleaning companies. Businesses can benefit from income generated by the apartment or utilize the space for live/work purposes.

3101 Irving Avenue S, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$1,350,000
6793389 MLS
3401 & 3405 Lyndale Avenue South has been home to Sonny's ice cream, family owned and operated for decades. An incredible success story. The sale includes ONLY the real estate, however, the restaurant and commercial kitchen, along with a majority of the Furnishings, Fixtures and Equipment (FF&E) will be included in the sale. NO lease-back interest from the sellers. Excellent opportunity for a new operator of the restaurant, cafe or bistro to step in and begin operations quickly in a high demand South Minneapolis location. Fully operational street level commercial kitchen. Formerly two separate buildings but now connected with a walkway. Two separate PIDS# with Hennepin County. (See OM details for square footage breakdowns and floor plans for both buildings.)

3401-3405 Lyndale Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

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