For Sale: Minneapolis MLS# 7130763
Active
NEW!
$2,200,000
Commercial: 1 Story
Built 1925
0.19 acres
Minneapolis schools
MLS# 7130763
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Property Description
APPROVED FOR CANNABIS
Rare Northeast Minneapolis Commercial Opportunity — 1828 Jefferson Street NE
Positioned approximately two miles from Downtown Minneapolis, 1828 Jefferson Street NE presents a unique ±9, 000 SF mixed-use commercial/industrial opportunity with significant operational flexibility. The property features 600-amp, three-phase electrical service, three recently replaced rooftop HVAC units, a 14-foot grade-level operations bay, secure loading capabilities, freight-elevator infrastructure, controlled-access security, and approximately 1, 900 SF of finished retail space. Existing tenants provide in-place rental income, while the property’s configuration and PR1 Production Mixed Use zoning create potential for a variety of commercial, industrial, production, and customer-facing uses, subject to all applicable approvals. The property is particularly well positioned for operators seeking a vertically integrated cannabis real estate opportunity, with potential to accommodate cultivation, manufacturing, processing. This property provides an exceptional opportunity to acquire adaptable commercial real estate with existing income and long-term expansion potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,200,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1925
State:
MN
Property Style:
1 Story
Zip Code:
55418
Neighborhood/Area:
43
Subdivision Name:
Cobbs Add To St Anthony
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
23X84
Garage Size:
2,023 ft2
Foundation Size:
8,276 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Attached Garage
- On-Street Parking Only
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.19
Geolocation:
45.007323, -93.255288
Inclusions:
Building, Leases
Lot Dimensions:
98X85
Zoning:
- Agriculture
- Industrial
- Other
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$26,036
Lender-owned:
Not Disclosed
Assessment Pending:
No
Taxes w/ Assessments:
$31,605
Income
Annual Gross Income:
$203,788
Units
Total Units:
9
Miscellaneous
Current Use:
Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
None Available
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of Meta Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.