2318 1st Avenue South Professional Building

2318 1st Avenue South Minneapolis, MN 55404

2318 1st Avenue South, Minneapolis, MN, 55404
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$600,000
Last Verified:
Nov 05, 2025

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Highlights

  • - 6,009 SF building with potential for customization (~ 4,862 SF finished)
  • - Built in 1920, blending historic charm with modern opportunity
  • - Zoned RM3/BFI3, offering versatile commercial prospects
  • This is a Residence and Institutional zoning district.
  • The RM3 Residence and Institutional District allows large-scale dwellings, large office uses, and major institutions.
  • - Prime location in the dynamic Minneapolis area
  • - Ample Off-Street parking stalls (9)

Description

Tons of potential with this 1920's built charmer, located on a corner lot with 3 entrances and ample space to customize your space! Over 6,000 SF on 3 floors (plus lower level), this building allows a variety of possibilities with the RM3 zoning; both residential and institutional/commercial zoning. Parking is not a problem with 9 off-street stalls on this walkable site; centrally located amongst restaurants, bus lines, bike lanes and parks. This is an owner-user or investor opportunity. The current owner, an accounting firm, has moved to their new building.

Discover the vibrant neighborhood surrounding this prime commercial property in Minneapolis, MN. Located in a dynamic area recognized for its thriving business community and urban vitality, this locale offers an array of appealing amenities and attractions for professionals. Within close proximity, your tenants can easily access popular spots like the Minneapolis Institute of Art, the Midtown Global Market, and the popular Eat Street dining district. Additionally, the property is conveniently connected to major transportation routes, providing ease of access for employees and visitors. With a variety of dining, entertainment, and cultural options nearby, this area presents an exceptional opportunity for office and office building investors seeking to establish a valuable presence in the heart of Minneapolis.


Year Built: 1920
Building Size: 6009sq ft
Building Class: C
Lot Size: 0.02 acres


Documents

2318 1st Avenue South, Minneapolis MN | Marketing Brochure
2318 1st Avenue South, Minneapolis MN | Floor Plans
2318 1st Ave S MPLS. RM3 Zoning .pdf

Map of 2318 1st Avenue South, Minneapolis, MN, 55404

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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