Comments for 3410 University Avenue SE, Minneapolis, MN 55414
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.
Basement: Yes
Parcel#: 3002923410115
Basement Description: Full
Parking Description: Parking Lot, Open
Cooling: Central Air
Road Frontage: City Street
Current Use: Vacant
Sale Includes: Building, Land
Days on Market: 324
Sewer: City Sewer/Connected
Foundation Size: 10118
Stories: 2.0
Fuel Type: Natural Gas
Taxes: $51,429
Handicap Accessible Description: Wheelchair Ramp(s)
Units: 1
Heating: Forced Air
Utilities: Heating Common, Hot Water Common
Lot Dimensions: 158 X 381 X 125 X 450
Water: City Water/Connected
Lot Size: 1.27 Acres
Year Built: 1950
School District: Minneapolis