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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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901 23rd Ave NE , Minneapolis, MN 55418
$815,000
Est. Payment: $4,210.67/mo
0 Bed
0 Bath
4864 Sqft
Status: Active | Days on site: 11
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49293 - 506017993
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House Description

A rare opportunity to own a high-performance, Passive House-inspired office building in a prime Northeast Minneapolis location. Thoughtfully renovated with a focus on energy efficiency, building science, and flexible functionality, this distinctive commercial property offers an ideal combination of modern workspace, adaptable tenant configurations, and future redevelopment potential. Located in the heart of Northeast Minneapolis, the property offers convenient access to one of the city's most vibrant and eclectic neighborhoods. Northeast is known for its thriving arts and creative community, independent businesses, restaurants, breweries, coffee shops, galleries, and neighborhood amenities. The location provides an attractive environment for businesses looking to be part of an established urban community while maintaining convenient access to downtown Minneapolis and major transportation routes. The property is zoned CM1 – Community Mixed Use, providing a flexible zoning designation designed to accommodate a range of commercial and mixed-use opportunities, subject to applicable city regulations, approvals, and permitting. The main level is designed as two separate office suites, creating flexibility for an owner-user, multi-tenant investment, or an owner who occupies one space while leasing the other. The north suite features an open workspace and three private offices, while the south suite includes four private offices. Shared amenities include a large conference room, kitchen, and ADA-accessible half bath. The property also includes an on-site parking lot with approximately 8–10 spaces and a rain garden. The lower level provides additional flexibility with its own exterior access, kitchen space, and bathroom with potential to add a shower. The space could be finished to expand the building's usable footprint and may offer potential for additional office, studio, creative, or income-producing uses, subject to zoning and permitting. Energy-efficient features include a super-insulated, airtight building envelope; Passive House windows with triple-pane glazing; motorized exterior shading; and a whole-building, balanced enthalpy heat-recovery ventilation system designed to provide fresh air while maximizing efficiency. Heating is provided by a high-efficiency natural gas furnace, with an electric heat pump for cooling and electric on-demand hot water heating. The property may also offer potential for live/work or residential conversion, subject to zoning approval, permitting, and applicable regulations. With its efficient building systems, flexible two-suite main-level layout, multiple private offices, lower-level access, ample parking, mixed-use zoning, and highly desirable Northeast Minneapolis location, this property presents a compelling opportunity for an owner-user, investor, or buyer seeking a unique commercial asset in one of Minneapolis's most dynamic neighborhoods.

Highlights

Listed by Jaclyn A Gavzy , 952-221-5977 Compass , 952-283-0644. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1954

County

Hennepin

Neighborhood

Wilsons Rgt Blks East Side Add

School District

Minneapolis

Listing ID

7010675

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Owner Access,Partially Finished,Shared Access,Single Tenant Access,Storage Space,Unfinished
Other:
  • Additional:Hardwood Floors
Water:City Water/Connected

Exterior Features

Lot:Irregular Lot
Lot Dimensions:87x80
Zoning:Business/Commercial,Residential-Multi-Family,Other,Residential-Single Family
Roof:Age Over 8 Years
Sewer:City Sewer/Connected
Parking Features:Asphalt,Paved Lot
Principal Interest
$4,211
Taxes
$1,891

Home Price

$815,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$163,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,210.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,210.67 $1,891.25 $0.00 $6,101.92
Yearly $50,528.07 $22,695.00 $0.00 $73,223.07
Total $1,515,842.24 $680,850.00 $0.00 $2,196,692.24
Lender profile image
Will Provost
Loan Originator
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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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