3410 University Avenue SE, Minneapolis, MN 55414

$2,700,000
Property Type: Commercial Lot Size (sq. ft.): 55,321 Status: Pending
Current Price: $2,700,000 List Date: 10/06/2025 Last Modified: 2/17/2026

Overview

Description

3410-3430 University Ave SE is a 25,734 SF mixed-use property on a prominent 55,232 SF site in the Prospect Park neighborhood. The main building along University Ave includes a full basement, main level, and a partial second floor, providing flexible layouts for a variety of users. A separate drive-through building connected via underground tunnel is also part of the site, with surface and underground parking connecting the two structures for seamless access and circulation. The property offers excellent visibility, signage potential, and adaptability for owner-users. For investors or developers, the large parcel also presents a unique redevelopment or repositioning opportunity; located in a Qualified Census Tract (QCT), which can provide advantages and funding programs that support affordable housing and community development, and enhanced feasibility for mixed-use projects.

Listing Details MLS# 6799267

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
10118
For Sale or Lease
For Sale
Acres
1.27
Lot Dimensions
158 X 381 X 125 X 450
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: Wheelchair Ramp Air Conditioning: Central Air Basement: Full CMU Style: Freestanding; Office; Other; Single Occupancy Construction Status: Previously Owned Current Use: Vacant Exterior: Brick/Stone Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air On Site Utilities: Heating Common; Hot Water Common Parking Characteristics: Parking Lot; Uncovered/Open Potential Use: Office; Other; Professional Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2026-02-17
Contingency
None
ListPrice
2700000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3410
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
51429
Assessment Balance
0

Building Information

Building Finished SqFt
25734

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, Land

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 004 PROSPECT PARK 1ST DIV REV LOTS 1 THRU 9 INCL BLK 4
Listing City
Minneapolis
Map Page
107
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2920
Property ID Number
3002923410115
Tax Year
2025
Tax Amount
51429
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
3410-3430 University Ave SE is a 25,734 SF mixed-use property on a prominent 55,232 SF site in the Prospect Park neighborhood. The main building along University Ave includes a full basement, main level, and a partial second floor, providing flexible layouts for a variety of users. A separate drive-through building connected via underground tunnel is also part of the site, with surface and underground parking connecting the two structures for seamless access and circulation. The property offers excellent visibility, signage potential, and adaptability for owner-users. For investors or developers, the large parcel also presents a unique redevelopment or repositioning opportunity; located in a Qualified Census Tract (QCT), which can provide advantages and funding programs that support affordable housing and community development, and enhanced feasibility for mixed-use projects.
Directions
From 280, University Avenue west to Emerald

Accessible

Wheelchair Ramp
Yes

Air Conditioning

Central Air
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Foundation

Brick/Mortar
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Parking Lot
Yes
Uncovered/Open
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

On Site Utilities

Heating Common
Yes
Hot Water Common
Yes

CMU Style

Freestanding
Yes
Office
Yes
Other
Yes
Single Occupancy
Yes

Current Use

Vacant
Yes

Potential Use

Office
Yes
Other
Yes
Professional
Yes
Listing Office: Element Inc
IDX
Last Updated: February - 17 - 2026
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