1720 Glenwood Avenue, Minneapolis, MN 55405

New Listing
$875,000
Property Type: Commercial Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $875,000 List Date: 5/07/2026 Last Modified: 5/07/2026

Overview

Description

This property presents an opportunity for investors seeking a value add asset with both residential and commercial components. the residential units are naturally occurring affordable housing units with some vacancies, and can be renovated and rented with the potential of a fully stabilized cash flowing asset. Located along the growing Glenwood Avenue corridor in Minneapolis, this mixed use investment opportunity offers long term upside in the evolving urban Harrison neighborhood adjacent to Bryn Mawr and near downtown Minneapolis. The property consists of 8 residential units, including seven 2-bedroom units and one 3-bedroom unit, along with two main level retail spaces - a restaurant and the other is an open space with an overhead drive in door providing flexibility for a variety of commercial uses. Commercial spaces include Milda’s Cafe and an additional flexible space known as The Living Room, featuring an open layout, kitchenette, and an overhead drive-in door suitable for a variety of uses. Additional features include separately metered gas and electric, central heating and air conditioning, shared laundry facilities on each residential level, rear off street parking, and a lower level basement space with future potential for storage income. Contact us today for additional information or to schedule a private tour.

Listing Details MLS# 7065912

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
7
Owner Occupied
No
Waterfront Present
No
Year Built
2000
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Multi-Family
Foundation Size
4371
For Sale or Lease
For Sale
Acres
0.14
Lot Dimensions
75x124x75x122
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Natural Woodwork; Paneled Doors Appliances: Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Full; Storage Space; Storage/Locker CMU Style: Apartments and Retail; Freestanding Construction Status: Previously Owned Current Use: Commercial; Residential; Retail Exterior: Brick/Stone; Vinyl Flooring: Carpet; Vinyl/Linoleum Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional; Other Location Description: Free Standing Lock Box Type: Combo Lot Description: Corner Lot; Public Transit (w/in 6 blks) Miscellaneous Information: Overhead Doors On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Parking Characteristics: Parking Lot Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Tar/Gravel Sewer: City Sewer/Connected Stories: Three Or More Wall Description: Drywall Water: City Water/Connected Window Features: Bay Window(s)

Contract Information

Contingency
None
ListPrice
875000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1720
Street Name
Glenwood
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55405
Complex/Dev/Subdivision
Maben White & Le Brons Add

Assessments

Tax With Assessments
15522.57
Assessment Balance
0

Building Information

Building Finished SqFt
15813
Building SqFt
15813

More Information

Income and Expenses

Annual Electric Expense
4800
Annual Fuel Expense
360
Annual Insurance Expense
12000
Annual Maintenance Expense
5000
Annual Trash Expense
6840
Annual Water/Sewer Expense
13200

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No
Overhead Doors
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
21
Township#
29

Sale Options

Sale Includes
Building, Fixture/Equipment, Land, Leases

Unit 2

No. of 2 Bedroom Units
7

Unit 3

No. of 3 Bedroom Units
Yes

Unit Details

Total Units
10

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 016 MABEN WHITE & LE BRONS ADDN TO MPLS LOTS 12 AND 13
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
1290
Property ID Number
2102924310066
Tax Year
2026
Tax Amount
15522.57
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This property presents an opportunity for investors seeking a value add asset with both residential and commercial components. the residential units are naturally occurring affordable housing units with some vacancies, and can be renovated and rented with the potential of a fully stabilized cash flowing asset. Located along the growing Glenwood Avenue corridor in Minneapolis, this mixed use investment opportunity offers long term upside in the evolving urban Harrison neighborhood adjacent to Bryn Mawr and near downtown Minneapolis. The property consists of 8 residential units, including seven 2-bedroom units and one 3-bedroom unit, along with two main level retail spaces - a restaurant and the other is an open space with an overhead drive in door providing flexibility for a variety of commercial uses. Commercial spaces include Milda’s Cafe and an additional flexible space known as The Living Room, featuring an open layout, kitchenette, and an overhead drive-in door suitable for a variety of uses. Additional features include separately metered gas and electric, central heating and air conditioning, shared laundry facilities on each residential level, rear off street parking, and a lower level basement space with future potential for storage income. Contact us today for additional information or to schedule a private tour.
Directions
From Hwy 100, take the Glenwood Ave exit, stay on Glenwood Ave for 2 miles, destination is on the left

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Natural Woodwork
Yes
Paneled Doors
Yes

Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes
Storage Space
Yes
Storage/Locker
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Flooring

Carpet
Yes
Vinyl/Linoleum
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

Combo
Yes

Lot Description

Corner Lot
Yes
Public Transit (w/in 6 blks)
Yes

Parking Characteristics

Parking Lot
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Tar/Gravel
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Wall Description

Drywall
Yes

Water

City Water/Connected
Yes

Window Features

Bay Window(s)
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Common
Yes

CMU Style

Apartments and Retail
Yes
Freestanding
Yes

Current Use

Commercial
Yes
Residential
Yes
Retail
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Other
Yes

Location Description

Free Standing
Yes
Listing Office: Keller Williams Classic Rlty NW
IDX
Last Updated: May - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.