My notes for this property


Add listing to my favorites (required)
Active NEW!
$699,900
/mo Edit
Commercial:  2 Stories
Built 1908
0.16 acres
MLS# 7031402
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Excellent investment or owner-user opportunity at 3201 N 3rd St. This multi-level commercial office building offers approximately 6, 336 square feet of space on a 0.16-acre corner lot, providing strong visibility and accessibility in North Minneapolis. The property features multiple private offices and flexible workspace layouts across the main level, second floor, and lower level, allowing for a variety of professional or service uses. The main floor includes several office rooms, a kitchenette, a restroom, and a drive-in garage, while the second level offers additional office suites and another kitchenette area. The lower level provides larger open rooms ideal for storage, meeting space, or additional workspace. The building also benefits from approximately 15 parking spaces, making it convenient for employees and visitors. Positioned near major transportation routes and public transit, the property offers convenient access throughout the Minneapolis–Saint Paul metro area. Zoned OR1 (Neighborhood Office Residential) with adjacent R4 multi-family zoning, the site offers potential flexibility for office, mixed-use, or redevelopment opportunities, subject to city approvals. This is a great opportunity for investors, business owners, or developers seeking a well-located property with strong potential and versatile use options.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55412
    Neighborhood/Area: 52
    Subdivision Name: Bakers 4th Add

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,112 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Parking Lot
    Roof Details: Flat

    Lot & Land

    Acres: 0.16
    Geolocation: 45.013404, -93.283666
    Inclusions: Building, Land
    Lot Dimensions: 159 x 92 x 159 x 88
    Addl Parcels: 1002924230165
    Zoning: Business/Commercial

    Schools

    School District: 558
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $17,706
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $17,706

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Office
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Market Homes Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.