$4,990,000
    4021 Thomas Avenue N
    Minneapolis, MN 55412
    MLS# 7022923

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    Property Description
    Specialty Building offering three floors of offices, large class rooms, Commercial Kitchen, Gymnasium, social/Dining Hall elevator Air-Conditioned, and limited on-site parking. The seller states since purchase over $1M has bee invested in the building. With 28 offices and 34 class rooms, this specialty building offers several creative uses from office use, Education, Charter School, Medical use, transformation into housing, etc. Ideally this building wood be ideal for a 55+ Community being able to house in individual apartments and offer meals being served in the dinning hall. Support business's including clinic, Dentist, Social/Counselor, Barber shop and Hair Saloon, small convenience store, community Garden, outdoor patio, small movie theater, exercise room, craft room and Library, etc. How about an indoor Pickle Ball Court? Great potential and a start to an already well kept facility.

    Details
    Maps
    Contract Information
    Owner is an Agent?: No
    Auction?: No
    Status: Active
    Current Price: $4,990,000
    Contingency: None
    ListPrice: 4990000
    List Date: 2026-02-17
    Office/Member Info
    Association: SPAAR
    General Property Information
    Lot Measurement: Acres
    Multiple PIDs?: No
    Other Parking Spaces: 24
    Owner Occupied: No
    Waterfront Present: No
    Year Built: 1950
    Yearly/Seasonal: Yearly
    Zoning: Residential-Multi-Family
    Lot Dimensions: 266x296
    Acres: 1.81
    Foundation Size: 28275
    Garage Stalls: 0
    For Sale or Lease: For Sale
    Assessment Pending: No
    Location, Tax and Other Information
    Legal Description: UNPLATTED SE 1/4 OF SE 1/4 OF SW 1/4 OF NE 1/4 EX ST
    Listing City: Minneapolis
    Map Page: 92
    Municipality: Minneapolis
    School District: Minneapolis
    School District Phone: 612-668-0000
    Zip Plus 4: 1506
    Property ID Number: 0502924130012
    Tax Year: 2025
    Tax Amount: 0
    In Foreclosure?: No
    Potential Short Sale?: No
    Lender Owned?: No
    Directions & Remarks
    Public Remarks: Specialty Building offering three floors of offices, large class rooms, Commercial Kitchen, Gymnasium, social/Dining Hall elevator Air-Conditioned, and limited on-site parking. The seller states since purchase over $1M has bee invested in the building. With 28 offices and 34 class rooms, this specialty building offers several creative uses from office use, Education, Charter School, Medical use, transformation into housing, etc. Ideally this building wood be ideal for a 55+ Community being able to house in individual apartments and offer meals being served in the dinning hall. Support business's including clinic, Dentist, Social/Counselor, Barber shop and Hair Saloon, small convenience store, community Garden, outdoor patio, small movie theater, exercise room, craft room and Library, etc. How about an indoor Pickle Ball Court? Great potential and a start to an already well kept facility.
    Directions: Highway #100 , Southeast on Brooklyn Blvd (Turns into Osseo Rd.), Right (West) on 45th. Ave. N., South on N. Sheridan Ave., Right (West) one block to Thomas, Right (South) to property.
    Accessible
    Accessible Elevator Installed: 1
    Partially Wheelchair: 1
    Assessments
    Assessment Balance: 9077
    Tax With Assessments: 9077
    Building Information
    Building Finished SqFt: 48855
    Construction Status
    Previously Owned: 1
    Exterior
    Stucco: 1
    Foundation
    Concrete Block: 1
    Fuel
    Natural Gas: 1
    Heating
    Steam: 1
    Lease Details
    Land Leased: Not Applicable
    Miscellaneous Information
    Homestead: No
    Ownership
    Fractional Ownership: No
    Parking Characteristics
    Parking Lot: 1
    Paved Lot: 1
    Unassigned: 1
    Public Survey Info
    Range#: 24
    Section#: 05
    Township#: 29
    Sale Options
    Sale Includes: Building, Land, Leases
    Sewer
    City Sewer/Connected: 1
    Unit Details
    Total Units: 1
    Water
    City Water/Connected: 1
    On Site Utilities
    Electric Common: 1
    CMU Style
    Freestanding: 1
    Office: 1
    Other: 1
    Current Use
    Commercial: 1
    Office: 1
    Other: 1
    Potential Use
    Diversified: 1
    Office: 1
    Other: 1
    Professional: 1
    Location Tax and Other Information
    House Number: 4021
    Street Name: Thomas
    Street Suffix: Avenue
    Street Direction Suffix: N
    Postal City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55412
    Complex/Dev/Subdivision: R 24 W
    Property Features
    Accessible: Accessible Elevator Installed; Partially Wheelchair
    CMU Style: Freestanding; Office; Other
    Construction Status: Previously Owned
    Current Use: Commercial; Office; Other
    Exterior: Stucco
    Foundation: Concrete Block
    Fuel: Natural Gas
    Heating: Steam
    On Site Utilities: Electric Common
    Parking Characteristics: Parking Lot; Paved Lot; Unassigned
    Potential Use: Diversified; Office; Other; Professional
    Sewer: City Sewer/Connected
    Water: City Water/Connected
    IDX
    Listing Office: Keller Williams Select Realty

    Last Updated: April - 21 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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