UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision William Bernsteins 1St Add
MLS Listing ID 7140839
Year Built 1908
Annual Tax Amount $21,498
Tax Year 2026
Contingent None
Lot Size 5,227 Sqft
Lot Dimensions 40x126
Property Description
The 6,696-square-foot building includes 3,348 square feet on the main level and a full 3,348-square-foot basement. The turn-key main level is currently built out as a modern real estate office featuring abundant natural light, five private offices, two conference rooms, a large open workspace, flex space, a kitchen, a restroom, and collaborative work areas. The partially finished lower level provides substantial additional space for storage, work areas, and a workout room. The main level could potentially be divided into two suites utilizing the two existing storefront entrances and interior garage-style doors that provide a natural separation between the spaces. Four dedicated parking stalls are located directly behind the building with convenient alley access.
Recent improvements include a 19.6 kW rooftop solar system installed in 2025, consisting of 43 solar panels with Enphase inverters and estimated annual production of approximately 23,635 kWh. Additional building improvements include a roof installed in 2002, HVAC installed in 2007, a storage and restroom addition completed in 2007, and a major office renovation completed by the current owner in 2021–2022.
The property's flexible CM2 Corridor Mixed-Use zoning accommodates a broad range of retail, office, service, residential, and mixed-use opportunities. Its Kingfield location is surrounded by dense residential neighborhoods, restaurants, neighborhood retail, apartments, and everyday amenities. Approximately 24,329 residents with an average household income of $140,183 live within one mile, while Nicollet Avenue carries approximately 6,871 vehicles per day, providing consistent visibility and exposure.
Location
State MN
County Hennepin
Zoning Business/Commercial
Rooms
Basement Block, Full, Partially Finished, Storage Space
Interior
Heating Forced Air
Cooling Central Air
Flooring Wood
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Parking Lot, Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age Over 8 Years
Present Use Commercial,Office,Professional Service,Retail,Vacant
Building
Foundation 3348
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Minneapolis
Nearby School & Business
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Michael Smith
Broker Associate License ID: 40184871
Broker Associate License ID: 40184871