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3809 S 42nd St
Minneapolis, MN 55406
Hiawatha Clinic · Office Property For Sale
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.**
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
$4,215,900 CAD
Price Per SF
$220.50 CAD
Percent Leased
Vacant
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
Property Taxes
| Parcel Number | 07-028-23-11-0240 | Improvements Assessment | $2,215,034 CAD |
| Land Assessment | $567,460 CAD | Total Assessment | $2,782,494 CAD |
Property Taxes
Parcel Number
07-028-23-11-0240
Land Assessment
$567,460 CAD
Improvements Assessment
$2,215,034 CAD
Total Assessment
$2,782,494 CAD
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