3201 N 3rd StreetMinneapolis, MN 55412
$549,900
6,336 finished sq ft · 0.16 acre lot
About this home
Excellent investment or owner-user opportunity at 3201 N 3rd St. This multi-level commercial office building offers approximately 6,336 square feet of space on a 0.16-acre corner lot, providing strong visibility and accessibility in North Minneapolis. The property features multiple private offices and flexible workspace layouts on the main level, second floor, and lower level, accommodating a variety of professional or service uses. The main floor includes several office rooms and a kitchenette. The lower level offers larger, open rooms ideal for storage, meeting space, or additional workspace. The building also has approximately 15 parking spaces, making it convenient for employees and visitors. Positioned near major transportation routes and public transit, the property offers convenient access throughout the Minneapolis–Saint Paul metro area. Zoned OR1 (Neighborhood Office Residential) with adjacent R4 multi-family zoning, the site offers potential flexibility for office, mixed-use, or redevelopment opportunities, subject to city approvals. This is a great opportunity for investors, business owners, or developers seeking a well-located property with strong potential and versatile use options.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1908
- Finished sq ft
- 6,336
- Lot
- 0.16 acres
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $17,706 a year
- Listed
- March 5, 2026
- MLS number
- 7031402
Listing courtesy of Market Homes Realty (Fide T Abrego). MLS #7031402.
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How it compares
3201 N 3rd Street, Minneapolis, MN 55412 is a single-family home built in 1908 in McKinley, listed for $549,900 on March 5, 2026 by Market Homes Realty. That is in the middle range of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $87 per square foot here against $207 for the group). That works out to $87 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- McKinley, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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