1844 Central Avenue NE, Minneapolis, MN 55418

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 26
Owner Occupied: No
Waterfront Present: No
Year Built: 1897
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 12166
Garage Stalls: 6
For Sale or Lease: For Sale
Acres: 0.52
Lot Dimensions: 128x175
Assessment Pending: Unknown

Property Features

Accessible: None CMU Style: Apartments and Retail; Apartments/Multi Family; Mixed Use Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Residential; Restaurant; Retail; Warehouse Existing Financing: Free and Clear Exterior: Brick/Stone; Stucco Foundation: Slab Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional; Special Funding; Other Lot Description: Corner Lot; Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Separate Overhead Door Clearance: 10-14 Feet Owner Pays: Taxes Parking Characteristics: Paved Lot Road Frontage: City Street Sewer: City Sewer/Connected Tenant Pays: All Utilities Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 3850000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1844
Street Name: Central
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Wilsons Rgt Blks East Side Add

Assessments

Tax With Assessments: 26204
Assessment Balance: 0

Building Information

Building Finished SqFt: 29434

More Information

Income and Expenses

Annual Gross Income: 297000

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 3000
Paved Lot: Yes

Public Survey Info

Range#: 24
Section#: 11
Township#: 29

Sale Options

Sale Includes: Building, Land, Leases, Rental License

Unit 1

Unit Number: Yes
No. of 1 Bedroom Units: 8

Unit 2

No. of 2 Bedroom Units: 4

Unit Details

Total Units: 19

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 033 WILSONS RGT BLKS EAST SIDE ADDN LOTS 1 2 AND 3
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 8412
Property ID Number: 1102924440196
Tax Year: 2026
Tax Amount: 26204
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Very unique opportunity to redevelop this property into large 100+ unit multi family building. 19 Unit Building. 12 Residential Units (8 - 1 Bedrooms, 4 - 2 bedrooms) - 6 Commercial Units - 1 Large warehouse unit. Located on a main busy road in NE Minneapolis close to downtown. 128 x 174 corner lot on High-Volume Arterial Road. Seller financing can be available.
Directions: Includes 1842-1852 Central Avenue NE

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Free and Clear: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lot Description

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

Owner Pays

Taxes: Yes

Road Frontage

City Street: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

All Utilities: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes

CMU Style

Apartments and Retail: Yes
Apartments/Multi Family: Yes
Mixed Use: Yes

Current Use

Beauty/Barber Shop: Yes
Residential: Yes
Restaurant: Yes
Retail: Yes
Warehouse: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Special Funding: Yes
Other: Yes

Overhead Door Clearance

10-14 Feet: Yes