$2,000,000
MLS# 6680311
Status: Closed
44606 sqft
1 / 2
Property Description
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.
Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-11-20
Current Price: $2,000,000
Closed Date: 2026-05-04
Sales Close Price: 2000000
Contingency: None
ListPrice: 2300000
List Date: 2025-03-05
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Waterfront YN: No
Year Built: 1919
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: irregular
Acres: 0.63
Foundation Size: 14344
Garage Stalls: 1
For Sale or Lease: For Sale
Assessment Pending: No
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: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 89492
Building Information
Building Finished SqFt: 44606
Building SqFt: 44606
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Financing Terms
Cash: 1
Foundation
Combination: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Public Survey Info
Range#: 23
Section#: 30
Township#: 29
Sale Options
Sale Includes: Building
Sewer
City Sewer/Connected: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
On Site Utilities
Electric Common: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Industrial: 1
Office: 1
Retail/Shopping Center: 1
Warehouse: 1
Current Use
Commercial: 1
Location Tax and Other Information
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Prospect Park 1st Div Rev
Property Features
Accessible: Other
CMU Style: Industrial; Office; Retail/Shopping Center; Warehouse
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone
Financing Terms: Cash
Foundation: Combination
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
Listing Office: Assembly MN LLC
Last Updated: May - 05 - 2026
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