901 23rd Avenue NE, Minneapolis, MN 55418 (MLS# 7010675)

901 23rd Avenue NE, Minneapolis, MN 55418

$815,000

Property Type: Commercial Square Footage: 4,864 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $815,000 List Date: 8/26/2026 Last Modified: 8/27/2026

Overview

Description

A rare opportunity to own a high-performance, Passive House-inspired office building in a prime Northeast Minneapolis location. Thoughtfully renovated with a focus on energy efficiency, building science, and flexible functionality, this distinctive commercial property offers an ideal combination of modern workspace, adaptable tenant configurations, and future redevelopment potential. Located in the heart of Northeast Minneapolis, the property offers convenient access to one of the city's most vibrant and eclectic neighborhoods. Northeast is known for its thriving arts and creative community, independent businesses, restaurants, breweries, coffee shops, galleries, and neighborhood amenities. The location provides an attractive environment for businesses looking to be part of an established urban community while maintaining convenient access to downtown Minneapolis and major transportation routes. The property is zoned CM1 – Community Mixed Use, providing a flexible zoning designatio ... (Read more) A rare opportunity to own a high-performance, Passive House-inspired office building in a prime Northeast Minneapolis location. Thoughtfully renovated with a focus on energy efficiency, building science, and flexible functionality, this distinctive commercial property offers an ideal combination of modern workspace, adaptable tenant configurations, and future redevelopment potential. Located in the heart of Northeast Minneapolis, the property offers convenient access to one of the city's most vibrant and eclectic neighborhoods. Northeast is known for its thriving arts and creative community, independent businesses, restaurants, breweries, coffee shops, galleries, and neighborhood amenities. The location provides an attractive environment for businesses looking to be part of an established urban community while maintaining convenient access to downtown Minneapolis and major transportation routes. The property is zoned CM1 – Community Mixed Use, providing a flexible zoning designation designed to accommodate a range of commercial and mixed-use opportunities, subject to applicable city regulations, approvals, and permitting. The main level is designed as two separate office suites, creating flexibility for an owner-user, multi-tenant investment, or an owner who occupies one space while leasing the other. The north suite features an open workspace and three private offices, while the south suite includes four private offices. Shared amenities include a large conference room, kitchen, and ADA-accessible half bath. The property also includes an on-site parking lot with approximately 8–10 spaces and a rain garden. The lower level provides additional flexibility with its own exterior access, kitchen space, and bathroom with potential to add a shower. The space could be finished to expand the building's usable footprint and may offer potential for additional office, studio, creative, or income-producing uses, subject to zoning and permitting. Energy-efficient features include a super-insulated, airtight building envelope; Passive House windows with triple-pane glazing; motorized exterior shading; and a whole-building, balanced enthalpy heat-recovery ventilation system designed to provide fresh air while maximizing efficiency. Heating is provided by a high-efficiency natural gas furnace, with an electric heat pump for cooling and electric on-demand hot water heating. The property may also offer potential for live/work or residential conversion, subject to zoning approval, permitting, and applicable regulations. With its efficient building systems, flexible two-suite main-level layout, multiple private offices, lower-level access, ample parking, mixed-use zoning, and highly desirable Northeast Minneapolis location, this property presents a compelling opportunity for an owner-user, investor, or buyer seeking a unique commercial asset in one of Minneapolis's most dynamic neighborhoods.

Listing Details MLS# 7010675

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront YN: No
Year Built: 1954
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family, Oth
Foundation Size: 2432
For Sale or Lease: For Sale
Acres: 0.16
Lot Dimensions: 87x80
Assessment Pending: No

Property Features

Accessible: Other Air Conditioning: Central Air Amenities Shared: Other Amenities Unit: Hardwood Floors Assumable Loan: Not Assumable Basement: Owner Access; Partially Finished; Shared Access; Single Tenant Access; Storage Space; Unfinished CMU Style: Business Opportunity; Freestanding; Mixed Use; Office Commercial Kitchen Appliances: Dishwasher Construction Materials: Brick Construction Status: Previously Owned Current Use: Office Exterior: Brick/Stone Flooring: Wood Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Location Description: Free Standing Lock Box Type: Combo Lot Description: Irregular Lot On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: All Utilities Parking Characteristics: Paved Lot Potential Use: Diversified; Grocery; Office; Other; Professional; Restaurant; Retail; Shop; Warehouse; Wholesale Roof: Age Over 8 Years Sewer: City Sewer/Connected Shared Rooms: Other Stories: One Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 815000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 901
Street Name: 23rd
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Wilsons Rgt Blks East Side Add

Assessments

Tax With Assessments: 22695

Building Information

Building Finished SqFt: 4864
Building SqFt: 4864
Ceiling Height: 8-10

More Information

Income and Expenses

Annual Electric Expense: 2121
Annual Fuel Expense: 962
Annual Insurance Expense: 2761
Annual Trash Expense: 528
Annual Water/Sewer Expense: 1481

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 11
Township#: 29

Sale Options

Sale Includes: Building

Unit 1

Unit Number: 2
Monthly Rent: 1610
Total Rooms: 4
Level: Main Level
Leased?: No

Unit 2

Leased?: No
Level: Main Level
Total Rooms: 6
Unit Number: Yes

Unit Details

Total Units: 2

Listing Office: Compass

Last Updated: August - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

901 23rd Avenue NE, Minneapolis, MN 55418 (MLS# 7010675)