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Investment Highlights

  • Prominent Minneapolis location with access to surrounding residential and commercial neighborhoods
  • Well-positioned for healthcare, wellness, and professional service tenants
  • 19,120 SF two-story medical office building

Executive Summary

Medical Office & Multi-Tenant Investment Opportunity
Don't miss this opportunity to acquire a beautifully maintained 19,120 SF multi-tenant medical office building at 3809 S 42nd St, Minneapolis, offered at $3,000,000 as part of a larger portfolio sale.
Located on the corner of a busy, high-traffic intersection, the property offers exceptional visibility, easy access, and a massive on-site parking lot. The building is currently **60% leased** and is projected to reach 80% occupancy by the end of August. The property is anchored by an established urgent care clinic tenant, providing a strong foundation for future occupancy and income growth.
Whether you're an investor, owner-user, or medical operator, this property offers immediate cash flow and long-term value in a desirable Minneapolis location.
For all inquiries, email: n@najestatesgroup.com
**Please do not disturb tenants.**

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
19,120 SF
Building Class
C
Year Built
1997
Price
$3,000,000
Price Per SF
$156.90
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,560 SF
Slab To Slab
14’3”
Building FAR
0.76
Lot Size
0.58 AC
Zoning
C2 - Commercial District
Parking
24 Spaces (1.26 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Day Care
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 4,800 SF
  • Office/Medical
  • Full Build-Out
  • Now

This well-configured office space offers a rare combination of private rooms and open space, making it highly adaptable for a variety of tenants. The existing medical-style layout significantly reduces upfront build-out costs while still allowing flexibility for customization. With a dedicated reception area, multiple offices, and a large central space, this property is ideal for businesses seeking both functionality and efficiency. For more information or to schedule a tour, please contact: Hiawathaproperty [Email Address] For more information or to schedule a tour, please contact: hiawathapropertypartners@gmail.com

Space Size Space Use Build-Out Available
1st Floor 4,800 SF Office/Medical Full Build-Out Now

1st Floor

Size
4,800 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 4,800 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available Now

This well-configured office space offers a rare combination of private rooms and open space, making it highly adaptable for a variety of tenants. The existing medical-style layout significantly reduces upfront build-out costs while still allowing flexibility for customization. With a dedicated reception area, multiple offices, and a large central space, this property is ideal for businesses seeking both functionality and efficiency. For more information or to schedule a tour, please contact: Hiawathaproperty [Email Address] For more information or to schedule a tour, please contact: hiawathapropertypartners@gmail.com

Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
07-028-23-11-0240
Land Assessment
$403,800
Improvements Assessment
$1,576,200
Total Assessment
$1,980,000
  • Listing ID: 41267926

  • Date on Market: 7/13/2026

  • Last Updated:

  • Address: 3809 S 42nd St, Minneapolis, MN 55406

Contact the Sale Advisor

Multi Tenant Office Building | 3809 S 42nd St

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