Refine Search
Sort by
$750,000
7003899 MLS
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.

1600 Sylvan Street, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

$750,000
7003897 MLS
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.

1400 Sylvan Street, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

$719,000
7003895 MLS
Located in the vibrant Southeast Minneapolis neighborhood near the University of Minnesota, 836 Thornton Street SE offers a unique opportunity for both investors and owner-occupants alike. This urban duplex boasts a spacious 2,590 square feet of living space, encompassing 5 bedrooms and 2 bathrooms. Situated on a 0.12-acre lot, the property is zoned under Corridor 4, presenting significant potential for a comprehensive development venture. The flexibility of this zoning allows for various possibilities, making it an attractive prospect for those looking to maximize the property's value. Whether you're seeking a lucrative investment or a versatile living arrangement, 836 Thornton Street SE stands as a prime candidate. Perfect for those wanting to capitalize on the dynamic energy of the University area, this property offers the chance to be part of a thriving community while also exploring the extensive development potential it holds.Additional details on Corridor 4 zoning are available in the supplements.

836 Thornton Street, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$750,000
6826491 MLS
A 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units. A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases. The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.

3408 Stevens Avenue, Minneapolis

Listing courtesy of MRG Realty Partners, LLC.

$2,750,000
7000870 MLS
Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans. Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District. This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space. Additional features include: Baseboard hot water radiant heat for consistent comfort Tenants pay electric Coin-operated laundry on site Located in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina). 1031 Exchange property.

4001 Mavelle Drive, Edina

Listing courtesy of Sweet Home Realty, LLC.

$499,000
2 Baths 6804921 MLS
Amazing office space in Loring Park at Loring Green East at 1201 Yale Place. Business suite on the edge of downtown Minneapolis includes 2 conference rooms, 8 offices, reception area and counters, kitchen, restrooms, baths, 2 storage rooms, and access to amenities throughout this well maintained condominium building. Ample, attached indoor parking space. You'll love the water feature when you enter the reception area. Perfect location for several types of businesses but was last used as a law office. Existing furnishings could stay. Prime location with easy parking and in and out access. Amenities include: indoor swimming pool & hot tub, exercise room, party room with kitchen and billiard space, walking trails to park on property. Ready to move in and conduct business first class!

1201 Yale Place Unit A100, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$1,750,000
6824408 MLS
Embrace this rare opportunity to own a distinguished Park Avenue Georgian Revival mansion located along the iconic “Golden Mile” in Minneapolis. Encompassing more than 13,000 square feet, the property at 2318 Park Avenue is zoned BFI3/RM3 and is situated within the vibrant Phillips West neighborhood, approximately 1.5 miles from the Minneapolis central business district. The property also lies within a designated Minnesota Opportunity Zone, offering potential tax advantages for qualified investors. Currently utilized as office space for a nonprofit organization, the building offers exceptional flexibility with 34 private offices of varying sizes and numerous stately common and collaboration areas well suited for professional, institutional, or adaptive reuse purposes. All four finished floors are accessible via elevator, providing seamless vertical circulation throughout the building. The grand main entrance makes a lasting impression, featuring black-and-white marble flooring and an elegant spiral staircase that underscores the property’s historic character and architectural significance. Situated on a fenced 0.87-acre parcel, the grounds include lush, irrigated lawns, two patio areas ideal for outdoor gatherings, and 29 surface parking spaces. A detached, heated four-car garage with an integrated workshop further enhances the property’s functionality, making this an exceptional offering for an owner-user or investor seeking a landmark asset with proximity to downtown Minneapolis.

2318 Park Avenue, Minneapolis

Listing courtesy of Edina Realty, Inc..

$2,300,000
30 Beds 12 Baths 6826518 MLS
Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. 814 is currently leased for $9250 month, one unit is rented for $3000 in 816 building with two units being advertised. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 814 & 816 6th Street SE: Common Lot Development. Both 814 and 816 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 814 & 816 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (814) and One slab-on-grade new construction triplex (816). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 814 6th Street SE – Full Gut Renovation & Triplex Conversion: 814 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 816 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 816 was built as a brand-new slab-on-grade triplex, designed to complement 814 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 814 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 814. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 814. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

814 6th Street SE, Minneapolis

Listing courtesy of Morgan And Trust Realty.

$1,600,000
6801942 MLS
15,000 square foot office building in Roseville available for the first time ever. Located in St. Paul Opportunity Zone. Solid Building. 3 Floors. Central Location with Easy Access to MN-36, Downtown Saint Paul, Downtown Minneapolis, Rosedale Center, and Minneapolis St. Paul International Airport. 3 - Even Floor Plates with utilities in the lower level. All floors have a conference room and restrooms. Versatile and ready for the new owner. Originally a multi-tenant building with an elevator reaching all three floors, and lobby/waiting spaces available on all three floors, private suite entries, zoned mechanicals, security lighting, and 70 Parking Spaces. A great central location that is an excellent fit for many general office uses and/or medical offices uses.

2015 Rice Street, Roseville

Listing courtesy of Keller Williams Premier Realty.

$275,000
2 Beds 2 Baths 6806880 MLS
Exceptional value-add investment opportunity in the heart of Saint Paul’s rapidly revitalizing Payne-Phalen corridor. This three-unit mixed-use commercial property offers strong potential for investors or owner-operators looking to unlock value through upgrades and rent increases. All three units are currently functional but would benefit from modernization, allowing for substantial cash flow growth and appreciation. The property’s prime location on Payne Avenue positions it perfectly to benefit from the area’s ongoing transformation. The Payne Avenue corridor is home to some of Saint Paul’s most ambitious redevelopment efforts. The Hamm’s Brewery redevelopment is set to bring new housing, retail, and community spaces to the area, while the Latino Economic Development Center’s multi-million-dollar renovation will introduce a new event center, commercial kitchen, restaurants, and retail destinations, further energizing this historic commercial strip. As investment pours into the neighborhood, properties like this one stand to gain from increased visibility, higher tenant demand, and future appreciation. Whether you’re an investor seeking a solid long-term hold or an owner-operator looking to establish a business in a high-growth area, 1132 Payne Ave represents a rare opportunity to invest ahead of the curve. With the right vision and updates, this property can deliver impressive returns and become part of the East Side’s next wave of revitalization. Buyer agent to confirm all measurements.

1132 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$320,000
4 Baths 6806866 MLS
Exceptional mixed-use investment opportunity along the rapidly redeveloping Payne-Phalen corridor. This property stands out among others on Payne Avenue for its expandable upper-level space and strong value-add potential. The building currently includes well-maintained commercial space on the main level and an upper level that offers an incredible opportunity to build out additional office suites or even convert into a residential unit. The third-floor space already has existing plumbing and electrical infrastructure, making future construction more efficient and cost-effective. Investors and owner-operators have multiple paths to create value here, either by renovating and renting the existing upper-level offices, or by reconfiguring the layout to add two to three new office spaces. For those with a creative vision, the upper level could also be converted into a spacious apartment or mixed live-work setup. Whichever route is chosen, 977 Payne Ave offers significant upside and flexibility to tailor the property to maximize income and appreciation. Located in one of Saint Paul’s most energetic redevelopment corridors, this property benefits from proximity to major area investments, including the Hamm’s Brewery redevelopment, which will bring new housing, retail, and community gathering spaces, and the Latino Economic Development Center’s multi-million-dollar revitalization project, featuring a large event center, commercial kitchen, restaurants, and retail spaces. These transformative projects are driving renewed economic energy, consumer traffic, and property value growth along Payne Avenue. Positioned in the heart of this momentum, 977 Payne Ave offers an unbeatable opportunity to acquire a flexible, income-producing property with built-in expansion potential in a neighborhood on the rise.

977 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$1,000,000
8 Beds 8 Baths 6808041 MLS
Located in the heart of Saint Paul’s rapidly evolving East Side, 365 Earl Street offers investors a rare mixed-use opportunity in an area poised for significant growth. This property includes 9 total units, 4 commercial and 5 residential, providing both strong income diversity and the security of multiple revenue streams. The commercial spaces are currently occupied by a long-standing convenience store, a tattoo shop, and an Alcoholics Anonymous center, all of which serve the surrounding neighborhood and bring consistent foot traffic to the building. The 5 residential units include three 2-bedroom apartments, one 3-bedroom apartment, and one studio, appealing to a wide range of tenants and offering steady residential demand. This property sits directly along the new Gold Line rapid transit route, connecting the East Side to downtown Saint Paul and beyond. As the Gold Line begins service, the area surrounding Earl Street and Hudson Road is already experiencing early signs of revitalization, with new commercial investment, residential redevelopment, and infrastructure improvements signaling a long-term upward trajectory for property values. The City of Saint Paul and the Downtown Alliance have also announced plans to convert downtown office buildings into 20,000–30,000 new residential units, a shift that will dramatically increase the demand for convenient, transit-connected neighborhoods like this one. For investors, 365 Earl Street represents a solid income-producing asset today and a strategic position for future appreciation tomorrow. The mix of commercial and residential tenants offers balanced returns, while the property’s location along the Gold Line corridor places it squarely within one of the city’s most promising development zones. This building may be purchased individually or as part of a package deal with 1051 Hudson Road, located immediately next door, creating a combined offering ideal for a portfolio-minded buyer seeking scale, stability, and long-term upside. Buyer agent to verify all measurements. Pre-approved and vetted buyers only!

365 Earl Street, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$350,000
2 Beds 3 Baths 6808082 MLS
This mixed-use property features one retail or office space and two residential units, offering both immediate cash flow and long-term upside. The commercial unit spans approximately 1,200 square feet and is ideal for retail, office, or service-based businesses, with a projected market rent of up to $1,300 per month. The residential units include a spacious two-bedroom, one-bath apartment and a well-designed studio apartment, projected to rent for $1,300 and $850 per month respectively. Together, the property produces a potential gross monthly income of $3,450 and an annual gross of $41,400, making it an attractive income-producing investment based on the income approach. Positioned directly on the light rail line and along the newly constructed Gold Line rapid transit corridor, this property stands at the intersection of accessibility and future growth. The Saint Paul Downtown Alliance and the City of Saint Paul have launched an ambitious initiative to repurpose downtown office buildings into 20,000 to 30,000 new residential units. This plan is expected to drive increased ridership, local business activity, and urban revitalization, creating a ripple effect that will make properties along the Gold Line even more valuable in the years to come. Beyond its strong fundamentals, the property’s flexibility adds a unique layer of opportunity. The commercial space could be leased traditionally or adapted for specialized use, while the residential units could also serve as short-term or mid-term rentals catering to business travelers and transit users. Investors seeking additional scale have the option to acquire the adjoining property at 365 Earl Street for a package sale, further enhancing income potential and property value. In short, this mixed-use building offers more than stable returns; it provides a foothold in one of Saint Paul’s most strategically positioned transit corridors. With reliable cash flow today and significant appreciation potential tied to the city’s long-term development plan, this property represents both solid investment performance and promising future upside. Buyer agent to verify all measurements.

1051 Hudson Road, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$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.

$875,000
6806026 MLS
Prime stand-alone commercial building on high visibility corner right off one of the busiest intersections in Saint Paul. Located within walking distance to the Selby and Snelling Avenue intersection with Whole Foods, The Vintage apartments, and all the wonderful shops and restaurants. Versatile and spacious ~9,798 SF building on a 0.42-acre corner lot with multiple potential business or residential uses with various zoning possibilities. The building is located conveniently close to major highways, just 0.7 miles from I-94 and 1.4 miles from I-35E . It is also directly off Ayd Mill Road with approximately 13,000 to 27,500 vehicles per day. This offers an exceptional exposure for a range of business uses. The property has various zoning possibilities as it currently has a I1 Light Industrial (current grandfathered use (non-conforming) perfect for light manufacturing or specialty business. It resides in both the B2 Community Business district ideal for commercial offices, retail, or mixed-use development as well as R4 residential offering residential development potential or mixed-use combinations. The R4 section of the property on the south side is currently used as a parking lot and green space. The building features ceiling heights ranging from 9’3” to 13’9” to accommodate various business uses. There is also a 3-phase electrical system supporting diverse operational needs, fire alarm system, security system, four hanging furnaces. In addition, the building has billboard income as an additional revenue source. The building had Phase I and Phase II environmentals completed in 2022 &2023. Whether you're seeking a property for light industrial use, mixed commercial-residential opportunities, retail space, or specialized offices, this building offers the infrastructure, flexibility, and location to suit a wide range of business needs. Explore the potential of this strategically positioned building with adaptable space in a vibrant community with exceptional accessibility and exposure.

170 Pascal Street N, Saint Paul

Listing courtesy of RE/MAX Results.

$325,000
6792840 MLS
Excellent investment and business opportunity in Hastings! This mixed-use property offers prime visibility on high-traffic Vermillion Street, providing outstanding exposure for a variety of business uses. The main-level commercial space is currently vacant and has been extensively renovated with new electrical, ceilings, lighting, flooring, fresh paint, and updated interior finishes, making it move-in ready for an owner-occupant or new tenant. The building also includes a leased two-bedroom apartment and a leased studio unit, creating immediate rental income. All residential tenants are currently on flexible month-to-month leases, offering additional flexibility for future plans. Conveniently located near downtown Hastings, the riverfront, restaurants, and local businesses. Property is being sold as-is.

407 Vermillion Street, Hastings

Listing courtesy of Compass.

$4,390,000
6804239 MLS
Beautifully updated church campus on 2.06 acres with over 20,000 square feet of thoughtfully designed space. Built in 3 parts the original building was built in 1955 with a large addition in 1973. Approximately $900,000 was invested in a 2023 renovation which included adding a new entrance as well as bumping out the old entrance to enlarge the common area. The entire lower level and most of the upper level were gutted and extensively remodeled. The result is a remarkably updated facility ready to serve a growing congregation while offering multiple opportunities for ministry partnerships, weekday use, or rental income. The sanctuary comfortably seats approximately 400, with the current pastor reporting attendance of up to 550 for special occasions. The sanctuary features new carpet, modern sound equipment, cameras, streaming capability, and projection screens. A spacious common area outside the sanctuary accommodates approximately 130 and includes a coffee bar with sink, dishwasher, and refrigerator. The lower-level social hall comfortably seats approximately 300 and includes tables and chairs. The fully updated kitchen is designed for serving meals and events. Additional spaces include multiple well-appointed staff offices, a larger conference room, and a pastor's office with a private full bathroom. Sunday school and classroom spaces are exceptionally well equipped, with each classroom featuring a sink, refrigerator, and private bathroom. Public restrooms have also been beautifully updated. The entire building is accessible by ramps and elevator. An upper-level private office suite, previously occupied by a nonprofit, offers a separate entrance and excellent potential for a ministry partner, nonprofit, or rental use. The building also features fully upgraded HVAC with remote temperature controls for the sanctuary and throughout the facility. A complete sprinkler system was installed as part of the 2023 renovation. Monument signage provides excellent visibility, with convenient access from Hwy 7 via Shady Oak Road. The property offers approximately 113 parking spaces, plus additional on-street parking. Religious zoning supports the current use. A rare opportunity for a first-time, growing, or established religious organization to acquire a substantially renovated, move-in-ready facility with exceptional worship, classroom, fellowship, office, kitchen, and meeting space—plus the potential for additional weekday or rental use.

4215 Fairview Avenue, Minnetonka

Listing courtesy of Keller Williams Select Realty.

$1,099,000
6803172 MLS
1619 Hubbard Avenue is a remarkable investment opportunity to acquire 9 well-appointed units steps away from the prestigious Hamline University and five blocks south of the Minnesota State Fairgrounds. Every apartment is unique and spacious with some of them receiving solid surface quartz countertops, stainless steel appliances, refinished hardwood flooring, original French doors and luxury vinyl plank. Kitchens and bathrooms are remodeled with newer tile, cabinets, plumbing and lighting fixtures and fresh paint. Newer hot water boiler services all the apartments for heat. All the electrical panels and breakers have been updated. The exterior siding is maintenance free and windows have all been replaced. Both the pitched roofs on the main building and detached garage are newer. Building sits on a larger 0.34 acres with a five-car garage for additional income and a back parking lot for tenants with plenty of off-street parking. Lower level has the potential to add another unit making it a 10-unit. This asset is 100% full and super easy to keep rented. In place NOI of $67,772 and a 6.16% cap rate. This property has been well managed over the years and has great curb appeal!

1619 Hubbard Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.