3338 University Avenue SE, Minneapolis, MN 55414

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Year Built: 1919
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 14344
Garage Stalls: Yes
For Sale or Lease: For Sale
Acres: 0.63
Lot Dimensions: irregular

Property Features

Accessible: Other CMU Style: Industrial; Office; Retail/Shopping Center; Warehouse Construction Status: Previously Owned Current Use: Commercial Exterior: Brick/Stone Fuel: Natural Gas Heating: Boiler On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date: 2025-11-20
Contingency: None
ListPrice: 2300000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3338
Street Name: University
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Prospect Park 1st Div Rev

Assessments

Tax With Assessments: 89492
Assessment Balance: 0

Building Information

Building Finished SqFt: 44606
Building SqFt: 44606

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 30
Township#: 29

Sale Options

Sale Includes: Building

Unit Details

Total Units: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 005 PROSPECT PARK 1ST DIV REV COM AT THE MOST NLY COR OF LOT 5 TH SELY ALONG UNIV AVE 118 67/100 FT TH AT RT ANGLES SWLY 153 6/10 FT TH WLY TO WLY LINE OF LOT 4 ALONG A LINE WHICH IF EXT WOULD INTERSEC THE WLY LINE OF LOT 5 AT A PT 205 FT FROM MOST NLY COR OF LOT 5 TH SELY TO A PT IN SLY LINE OF LOT 4 DIS 258 9/10 FT W FROM W LINE OF BEDFORD ST TH WLY TO THE MOST SLY COR OF LOT 5 TH NWLY TO MOST WLY COR THOF TH NELY TO BEG SUBJECT TO STREET
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Property ID Number: 3002923410024
Tax Year: 2024
Tax Amount: 89492
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Creative arts building for sale. Ready for redevelopment or continue as a rental property. There are not many untouched brick and concrete beauties like this anymore. The top floor unit is a unique glass box with 30'+ high ceiling; and large enough for a basketball court or whatever else your imagination presents. first floor has a loading dock and large overhead door. Existing but vacant cafe space has an existing commercial kitchen with hood and dish areas.
Directions: 280 to University. West on University to site.

Accessible

Other: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Parking Characteristics

Parking Lot: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Industrial: Yes
Office: Yes
Retail/Shopping Center: Yes
Warehouse: Yes

Current Use

Commercial: Yes