$2,300,000
Minneapolis, MN 55418
MLS# 7130763
9889 sqft
1 / 26
Property Description
APPROVED FOR CANNABIS Rare Northeast Minneapolis Commercial Opportunity — 1828 Jefferson Street NE Positioned approximately two miles from Downtown Minneapolis, 1828 Jefferson Street NE presents a unique 9889+sqft mixed-use commercial/industrial opportunity with significant operational flexibility. The property features 600-amp, three-phase electrical service, three recently replaced rooftop HVAC units, a 14-foot grade-level operations bay, secure loading capabilities, freight-elevator infrastructure, controlled-access security, and approximately 1,900 SF of finished retail space immediately available. Existing tenants provide in-place rental income, while the property’s configuration and PR1 Production Mixed Use zoning create potential for a variety of commercial, industrial, production, and customer-facing uses, subject to all applicable approvals. The property is particularly well positioned for operators seeking a vertically integrated cannabis real estate opportunity, with potential to accommodate cultivation, manufacturing, processing. This property provides an exceptional opportunity for numerous Micro or a single Mezzo MN cannabis license under one roof!
Details
Maps
Contract Information
Status: Active
Current Price: $2,300,000
Contingency: None
ListPrice: 2300000
List Date: 2026-08-20
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 4
Owner Occupied: No
Waterfront YN: No
Year Built: 1925
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial, Other
Foundation Size: 9346
For Sale or Lease: For Sale
Acres: 0.19
Lot Dimensions: 98X85
Assessment Pending: No
Assessments
Tax With Assessments: 26035
Basement
Foundation Dimensions: 98x86
Building Information
Building Finished SqFt: 9889
Building SqFt: 9889
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 23X84
Garage Door Height: 12
Garage Door Width: 10
Garage Square Feet: 1616
Public Survey Info
Range#: 24
Section#: 11
Township#: 29
Sale Options
Sale Includes: Building, Leases
Unit Details
Total Units: 1
Income and Expenses
Annual Gross Income: 203788
Annual Net Income: 125000
Location Tax and Other Information
House Number: 1828
Street Name: Jefferson
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Cobbs Add To St Anthony
Property Features
Accessible: None
CMU Style: Freestanding; Mixed Use
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Commercial; Office; Warehouse
Exterior: Brick/Stone
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler; Forced Air
Loan Terms: Cash
On Site Utilities: None Available
Potential Use: Income; Industrial; Office; Other; Professional; Retail; Warehouse
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Listing Office: Meta Realty
Last Updated: October - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
