18
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$2,308,000
$2,700,000 14.5%
Est. payment /mo
1.27 Acres Lot
Sold on 08/26/2026
3410 University AVE SE Minneapolis, MN 55414
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Key Details
Sold Price $2,308,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Prospect Park 1St Div Rev
MLS Listing ID 6799267
Sold Date 08/26/26
Year Built 1950
Annual Tax Amount $51,429
Tax Year 2025
Contingent None
Lot Size 1.270 Acres
Lot Dimensions 158 X 381 X 125 X 450
Property Description
3410-3430 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
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot, Open
Utilities Available Heating Common, Hot Water Common
Present Use Vacant
Building
Story Two
Foundation 10118
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Ian McRoberts • Element Inc
NEARBY SCHOOL & BUSINESS
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