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$1,295,000
7146470 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.

$410,900
3 Beds 3 Baths 7143580 MLS
Cash flow from day one with a strong positive-leverage spread. 3116 Emerson Ave N is a fully occupied, six-unit mixed-use investment property offering an attractive entry point for the small investor focused on real cash flow—not just future appreciation. Priced at $410,900, the property generates approximately $79,812 in annual scheduled income and $40,083 in-place NOI, producing a 9.75% cap rate. Using the 6.25% financing assumption in the offering memorandum, that represents roughly a 350-basis-point spread between the going-in cap rate and interest rate, creating meaningful positive leverage that is increasingly difficult to find in smaller investment properties. The asset includes four residential apartments and two commercial spaces, providing six separate income streams and diversification beyond a traditional small multifamily property. All six units are currently occupied, while existing rents still provide modest upside: projected market income increases to approximately $84,000 annually, supporting an estimated $45,711 NOI and 11.12% market cap rate. Located on the highly visible corner of Lowry Ave N and Emerson Ave N, the property also benefits from 10 off-street parking stalls serving both residential and commercial tenants. For an investor looking to graduate from duplexes and fourplexes into a larger cash-flowing asset without making the jump to a multi-million-dollar apartment building, this property offers an unusual combination of affordable basis, immediate income, positive leverage, diversified tenancy, and additional rent upside. Buyer Agents to verify all measurements Seller open to seller financing option with QUALIFIED BUYER ONLY!!! Minimum 48 Hr Notices For All Showings! Showings ONLY being approved with Proof of Funds and/or verified approval letter from bank!

3116 Emerson Avenue N, Minneapolis

Listing courtesy of Keller Williams Premier Realty.

$1,150,000
7140839 MLS
Rare Kingfield office/retail building for sale in a highly desirable South Minneapolis location at Nicollet Avenue and 43rd Street. Beautifully renovated in 2021–2022, the property presents an excellent opportunity for an investor, 1031 exchange buyer, or owner/user. The building is currently owner-occupied and will be vacated at closing. The 6,696-square-foot building includes 3,348 square feet on the main level and a full 3,348-square-foot basement. The turn-key main level is currently built out as a modern real estate office featuring abundant natural light, five private offices, two conference rooms, a large open workspace, flex space, a kitchen, a restroom, and collaborative work areas. The partially finished lower level provides substantial additional space for storage, work areas, and a workout room. The main level could potentially be divided into two suites utilizing the two existing storefront entrances and interior garage-style doors that provide a natural separation between the spaces. Four dedicated parking stalls are located directly behind the building with convenient alley access. Recent improvements include a 19.6 kW rooftop solar system installed in 2025, consisting of 43 solar panels with Enphase inverters and estimated annual production of approximately 23,635 kWh. Additional building improvements include a roof installed in 2002, HVAC installed in 2007, a storage and restroom addition completed in 2007, and a major office renovation completed by the current owner in 2021–2022. The property’s flexible CM2 Corridor Mixed-Use zoning accommodates a broad range of retail, office, service, residential, and mixed-use opportunities. Its Kingfield location is surrounded by dense residential neighborhoods, restaurants, neighborhood retail, apartments, and everyday amenities. Approximately 24,329 residents with an average household income of $140,183 live within one mile, while Nicollet Avenue carries approximately 6,871 vehicles per day, providing consistent visibility and exposure.

4251 Nicollet Avenue, Minneapolis

Listing courtesy of RE/MAX Results.

$1,185,000
6 Baths 7136511 MLS
Rare opportunity to own premier commercial space directly across from Lake Minnetonka, offering spectacular lake views and an exceptional setting for businesses seeking a distinctive and highly desirable location. With approximately 5,398 square feet available, this unique property combines visibility, versatility, and an impressive professional presence in the heart of the Lake Minnetonka area. Ideally suited for a luxury med spa, law firm, wealth management or financial services office, architectural or design firm, builder, real estate office, boutique retail concept, professional services, or a variety of other commercial uses. The flexible layout allows businesses to create a sophisticated client-facing environment while taking advantage of beautiful Lake Minnetonka views. The property consists of three individual units, creating tremendous flexibility for an owner-user or investor. Purchase the units individually or acquire all three for a combined approximately 5,398 square feet. An owner could occupy a portion of the building while leasing the remaining space, or combine the units to create a larger signature headquarters. Ample on-site parking provides convenience for clients and employees, with the potential to accommodate several indoor parking spaces. Opportunities to own commercial space with this combination of Lake Minnetonka views, flexible configurations, parking, and multiple ownership possibilities are exceptionally difficult to find. Position your business in a location that makes an impression the moment clients arrive.

4100 Shoreline Drive, Spring Park

Listing courtesy of RE/MAX Advantage Plus.

$815,000
7010675 MLS
A rare opportunity to own a high-performance, Passive House-inspired office building in a prime Northeast Minneapolis location. Thoughtfully renovated with a focus on energy efficiency, building science, and flexible functionality, this distinctive commercial property offers an ideal combination of modern workspace, adaptable tenant configurations, and future redevelopment potential. Located in the heart of Northeast Minneapolis, the property offers convenient access to one of the city's most vibrant and eclectic neighborhoods. Northeast is known for its thriving arts and creative community, independent businesses, restaurants, breweries, coffee shops, galleries, and neighborhood amenities. The location provides an attractive environment for businesses looking to be part of an established urban community while maintaining convenient access to downtown Minneapolis and major transportation routes. The property is zoned CM1 – Community Mixed Use, providing a flexible zoning designation designed to accommodate a range of commercial and mixed-use opportunities, subject to applicable city regulations, approvals, and permitting. The main level is designed as two separate office suites, creating flexibility for an owner-user, multi-tenant investment, or an owner who occupies one space while leasing the other. The north suite features an open workspace and three private offices, while the south suite includes four private offices. Shared amenities include a large conference room, kitchen, and ADA-accessible half bath. The property also includes an on-site parking lot with approximately 8–10 spaces and a rain garden. The lower level provides additional flexibility with its own exterior access, kitchen space, and bathroom with potential to add a shower. The space could be finished to expand the building's usable footprint and may offer potential for additional office, studio, creative, or income-producing uses, subject to zoning and permitting. Energy-efficient features include a super-insulated, airtight building envelope; Passive House windows with triple-pane glazing; motorized exterior shading; and a whole-building, balanced enthalpy heat-recovery ventilation system designed to provide fresh air while maximizing efficiency. Heating is provided by a high-efficiency natural gas furnace, with an electric heat pump for cooling and electric on-demand hot water heating. The property may also offer potential for live/work or residential conversion, subject to zoning approval, permitting, and applicable regulations. With its efficient building systems, flexible two-suite main-level layout, multiple private offices, lower-level access, ample parking, mixed-use zoning, and highly desirable Northeast Minneapolis location, this property presents a compelling opportunity for an owner-user, investor, or buyer seeking a unique commercial asset in one of Minneapolis's most dynamic neighborhoods.

901 23rd Avenue NE, Minneapolis

Listing courtesy of Compass.

$2,200,000
7130763 MLS
APPROVED FOR CANNABIS Rare Northeast Minneapolis Commercial Opportunity — 1828 Jefferson Street NE Positioned approximately two miles from Downtown Minneapolis, 1828 Jefferson Street NE presents a unique 9889+sqft mixed-use commercial/industrial opportunity with significant operational flexibility. The property features 600-amp, three-phase electrical service, three recently replaced rooftop HVAC units, a 14-foot grade-level operations bay, secure loading capabilities, freight-elevator infrastructure, controlled-access security, and approximately 1,900 SF of finished retail space immediately available. Existing tenants provide in-place rental income, while the property’s configuration and PR1 Production Mixed Use zoning create potential for a variety of commercial, industrial, production, and customer-facing uses, subject to all applicable approvals. The property is particularly well positioned for operators seeking a vertically integrated cannabis real estate opportunity, with potential to accommodate cultivation, manufacturing, processing. This property provides an exceptional opportunity for numerous Micro or a single Mezzo MN cannabis license under one roof!

1828 Jefferson Street NE, Minneapolis

Listing courtesy of Meta Realty.

$550,000
1 Beds 2 Baths 7119638 MLS
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.

4308 Chicago Avenue, Minneapolis

Listing courtesy of National Realty Guild.

$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.

$5,800,000
7058372 MLS
• Price Reduction, now priced at $5,800,000. New Office Golf Lease Back Option! • Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing. • Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters. • Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023) • Office Golf Amenities Include: o 18 TrackMan golf simulators o 2 Full-Service Bars (including the Hornet Bar) o Commercial Kitchen o Turnkey Restaurant Space with outdoor patio • Premier I-494 Corridor Location: o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors o Strong Demographics: $179,026 average household income within 1 mile o Traffic Counts: Exposure to 140,296 vehicles per day on I-494 o Surrounding Area: Located among national retailers, hospitality, and dense multifamily housing • Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses • Building Overview: o Existing diversified Tenant mix include: Office Golf, 2nd Swing Golf, Bethany Fellowship, Financial Services, Transportation, Construction, and more. o 65,623 total SF: 42,303 finished SF Class B Office building + 23,320 SF of underground parking (2 levels) o Three-story structure with elevator service o Open-concept layouts with abundant natural light o Modernized finishes and strong curb appeal o New Roof 5 years ago (~20 year warranty) o 6 new offices just completed on 2nd floor for additional income potential • Site Details: o 1.80 acres (78,404 SF) site o Great parking with 68 underground + 96 surface stalls

7807 Creekridge Circle, Bloomington

Listing courtesy of RE/MAX Results.

$3,200,000
7006401 MLS
Here it is! The Prime Location you’ve been waiting for. Located in the heart of Excelsior—one of Lake Minnetonka’s most coveted destinations and often referred to as the “Malibu of the Midwest”—520 2nd Street presents a truly rare, mixed-use zoned, once-in-a-generation opportunity that combines 8000 sq ft between the well-established commercial building owned by Huber Funeral Homes with a spacious, single-family residence w/rental license, if desired. Nearly 3/4 acre. **When you arrive in Excelsior, the significance of this location is immediately clear: Maynard’s and Lake Minnetonka are to your right and 520 2nd Street is straight ahead. Few properties can claim this level of visibility, prominence, and daily exposure. This is THE location! **The commercial space features two expansive, separate and well-defined levels (main and upper), providing outstanding flexibility for a wide range of business models, professional services, boutiques, showrooms or 100's of other creative uses. **Positioned in one of Excelsior’s most active and walk-able areas, the property delivers exceptional business brand presence while capturing the prestige and lifestyle appeal of Excelsior Bay and Lake Minnetonka. **This is a fantastic opportunity for owner-users, investors, developers, and business visionaries who desire a premier presence in a community known for its amazing lake lifestyle, dining experiences like Vagabondo, Mirabelle, Coalition, Maynard's, 318 plus numerous shops on Water Street and surrounding streets, along with a long-term business value, who are seeking an exceptional, highly-coveted Lake Minnetonka location. **For developers and investors, the property’s configuration, location, and prominent visibility, un-lock a variety of high-value possibilities—whether as a refined live/work estate, a signature business destination, or a strategic redevelopment. **The attached 4-story home boasts (4) bedrooms with a master bedroom and en-suite, (4) bathrooms, kitchen, dining room and a great room with vaulted ceilings designed for everyday living, as well as, entertaining. **More home highlights include a large private backyard and a three-car attached garage, creating an exceptional live-work lifestyle in an unbeatable Excelsior location. **Don’t wait on this one!

520 2nd Street, Excelsior

Listing courtesy of Up Front Homes.

$2,100,000
6815092 MLS
RARE 2+ ACRE LAKE MINNETONKA DEVELOPMENT OPPORTUNITY IN MOUND: **This is an exceptional opportunity for visionary business owners and/or developers in a prime Lake Minnetonka location. This expansive 2+ acre property, with 5000+ sq. ft. of existing commercial, mixed/use space, offers stunning natural surroundings and significant potential for a variety of commercial uses. **Owned by the well-established Huber Funeral Homes, who are relocating their successful Mound business (including pre-arrangements) to their other (2) local sites in Excelsior and Eden Prairie which provides a huge opportunity for the right business! **Future possibilities include but not limited to: Grocery store (Aldi, Lunds & Byerly's, Kowalski's, Cub) Hotel, restaurant, Showrooms for products (Cambria, Slumberland, etc) church/ministry, pharmacy/drug store, bank, salon/spa, luxury high-end car sales w/limited inventory, hospital/urgent care, medical office, dental office, sports gym, event center, banquet hall, chiropractic, orthopedic, recording studios, dance studios, professional service... to name a few. **More than ample 60 parking spots for high-traffic businesses with woodlands & wildlife to the West and North, directly across from Harrison Bay on Lake Minnetonka. With Harrison Bay Senior Living next door to the south. **Attached are (3) car tuck-under garages with separate living on the north side of building including (2) bedrooms, kitchen, living room, porch and a private entrance. The existing building includes large meeting areas on the main level, which are perfect for product showrooms. **All just a few blocks north of 100's of local shops including, coffee, gas stations and restaurants with many new developments including the upper bracket town homes complex, Artessa by Cook's Bay. **Seize this chance to bring your vision to life in a sought-after, up & coming Gateway new development community!

1801 Commerce Boulevard, Mound

Listing courtesy of Up Front Homes.

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