3410 University AVE SE new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55414
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Prospect Park 1St Div Rev
MLS Listing ID 6799267
Year Built 1950
Annual Tax Amount $51,429
Tax Year 2025
Lot Size 1.270 Acres
Property Description
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.
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Land
Exterior
Parking Features Parking Lot,Open
Utilities Available Heating Common,Hot Water Common
Building
Story Two
Foundation 10118
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minneapolis