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Mixed-Use Land for Sale in Minneapolis, Minnesota

1500 W Broadway Ave, Minneapolis, MN 55411

$539,000
0.18 acres
Active
$50k drop
Est $4,473/mo

Unlock the full potential of this exceptional real commercial real estate package featuring a fully renovated and operational mixed-use building and an adjacent vacant lot in a rapidly growing Opportunity Zone.

Perfectly positioned for developers or business owners, this offering provides a rare chance to capitalize on strong rental income, future development potential, and significant tax incentives.

Located in a high-visibility corridor with strong foot traffic and easy access to major transportation hubs, this property is primed for immediate and long-term success.

Property Highlights:

  • Mixed Use Building: Income-producing property with fully-lease, ground floor commercial space and residential units above. Tenants pay all utilities, except water/sewer and trash.
  • Adjacent Vacant Lot: Ideal for expansion, new development, or additional parking.
  • Located in a Designated Opportunity Zone: Unlock valuable tax benefits and investment growth potential.
  • High-traffic Location: Surrounded by thriving business, dining, and residential communities.
  • Easy Access to Public Transit & Major Highways: Ensures seamless connectivity for tenants and customers.
  • Strong Demand for Commercial & residential Spaces: A sought-after area with increasing property values.

Seize this rare investment opportunity to own, expand, or develop in one of the most promising locations in the market. Whether you're looking to grow your portfolio or establish a dynamic mixed-use hub, this property offers step toward maximizing your investment potential!

Location

Street address
1500 W Broadway Ave
Community
Forest Heights
Elevation
869 feet
Coordinates
44.9998, -93.2991

Directions

1500 W Broadway is a great investor opportunity located on the corner of Broadway and Irving Avenue, west of interstate highway 94 in the Jordan neighbor of North Minneapolis.

Property details

Lot size
0.177 acres7,710 sq ft
MLS #
RMLS 6703737
Posted

Property taxes

2025
$9,526

Parcels

  • 1602924240135

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
RE/MAX International

Exterior

Features
Block, Brick/Stone

Structure

Heating
Forced Air

Listing history

DateEventPriceChangeSource
Aug 1, 2025Price drop$539,000$50,000 -8.5%RMLS
May 22, 2025Price drop$589,000$36,000 -5.8%RMLS
Apr 16, 2025New listing$625,000RMLS
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This 0.177-acre property is located at 1500 W Broadway Ave in Minneapolis, MN 55411. The property is available for sale for $539,000.

Checked 3 mins ago — Updated

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Copyright (C) 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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