$500,000

2847 Central Avenue NE, Minneapolis, MN 55418

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$500,000

2847 Central Avenue NE Minneapolis, MN 55418

For Sale MLS# 7074383

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Data current as of 04/06/2026 14:40:09

Details for 2847 Central Avenue NE

MLS# 7074383

Description for 2847 Central Avenue NE, Minneapolis, MN, 55418


Commercial building in the heart of Northeast Minneapolis Arts District. Located along a high-traffic corridor surrounded by restaurants, studios, shops, and neighborhood activity. Property could immediately be used as an art gallery / studio or easily converted into a coffee shop, retail space, office, or potential live/work situation. The front 1,000 square feet currently functions as an art gallery with dramatic 13-foot ceilings, excellent lighting, and a clean / open layout. The building includes approximately $15,000 in upgraded lighting that includes dimmable fluorescents and LED cans, making it ideal for displaying artwork, retail products, or creating a polished office/studio environment. Ample space can be found in the backyard which features new sod and is also completely fenced in with 6 foot horizontal privacy fencing. The fence has a locking gate on one side going to the front and a second locking gate going to the parking lot. The parking lot is accessible from the alley in back. Majority of the structure was built new in 2017. Included at that time: New HVAC, roof, electrical, plumbing and windows. Recent updates include newly painted exterior, floors, walls, and fresh sod, all in 2026. The space looks fresh, clean, and ready for immediate occupancy. Previously used as the art studio and gallery of a well-known local painter. 2847 Central Avenue NE offers a rare combination of visibility, flexibility, character, and practical workspace. Come make your own masterpiece!

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.19 Acres

Square Feet: 1,914 sq ft

Year Built: 1931

Foundation: 1,914 sq ft

Stories: 1 Story

Subdivision: Menages Sup To East Side Add

Number Of Units Total: 1

Current Use: Other

County: Hennepin

Days On Market: 20

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Flooring: Concrete Slab

Accessibility: Doors 36+, Fully Wheelchair

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Open Parking: 3

Parking Description: Parking Lot, Driveway - Concrete

Exterior: Concrete, Block

Lot Dimensions: 46 x 176

Zoning: Business/Commercial

Fencing: Full, Privacy, Wood

Additional Exterior/Lot Features: Land Inclusions - Building,Land

Driving Directions


2847 Central Ave NE

Financial Considerations


Other Annual Tax: $818

Tax/Property ID: 1202924220086

Tax Amount: 9098

Tax Year: 2026

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 2847 Central Avenue NE

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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