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29026321
29026319

233 Groveland Ave, Minneapolis, MN 55403

SL
40747744
Exp Realty
Listed by Exp Realty
$399,999
199 days on market
Updated 39 days ago

233 Groveland Ave Minneapolis MN

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Creative Office, Executive Office (+1)
Square Footage 2,142
Units 6
Cap Rate 8.50%
Price per SqFt $187
Broker Co-Op Yes
Class B
Year Built 1928
Year Renovated 2023
Buildings 1
Stories 3
Zoning Business/Commercial, Residential-Single Family

Versatile Live/Work Space: Downtown Views, Mature Gardens, Updated Interior

Marketing description

Six-office commercial conversion in the heart of Minneapolis — zoned for live/work, business use, or single-family reversion. This 2000-converted property delivers turnkey office infrastructure with six private offices, two waiting rooms, updated mechanicals (roof, furnace, A/C), and a lower-level kitchen and full bath. Sweeping downtown views, a stamped concrete patio, and mature gardens add genuine lifestyle appeal. Smart C/I zoning creates multiple exit strategies: operate as-is, lease to tenants, reposition for creative or professional use, or convert back to residential. Priced for the investor who sees the angle. Schedule a private showing.

Unit 1: $1000/month

Unit 2: $1,150/month

Unit 3: $1,150/month

Unit 4: $1,000/month

Unit 5: $1,300/month

Unit 6: $1,150/month

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Total Gross Rental Income: $6,750/month

Listing Contacts

SL
40747744
Exp Realty
Listed by Exp Realty

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