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Mixed Use Value Add Investment Opportunity on Glenwood Avenue

$875,000

1720 Glenwood Ave, Minneapolis, MN 55405

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Last Updated: 05/11/2026

15,813 sqft

Building Size

0.1405 acres

Lot Area

Details:
Building Size:    15,813 sqft
Lot Area:    0.1405 acres
Units:    10
Year Built:    2000
Floors:    3
Parking Spots:    7
Highlights:
  • • 15,813 SF freestanding mixed use building in Minneapolis
  • • 8 residential units including seven 2-bedroom units and one 3 bedroom unit
  • • Two commercial spaces including Milda’s Cafe and flexible open concept space with overhead drive-in door
  • • Separately metered gas and electric with central heating and air conditioning
  • • Rear parking lot with 7 parking spaces plus street parking
  • • Value add opportunity located along the growing Glenwood Avenue corridor in the Harrison Neighborhood adjacent to Bryn Mawr and downtown Minneapolis
Description:

This property presents an opportunity for investors seeking a value add asset with both residential and commercial components. the residential units are naturally occurring affordable housing units with some vacancies, and can be renovated and rented with the potential of a fully stabilized cash flowing asset.

Located along the growing Glenwood Avenue corridor in Minneapolis, this mixed use investment opportunity offers long term upside in the evolving urban Harrison neighborhood adjacent to Bryn Mawr and near downtown Minneapolis. The property consists of 8 residential units, including seven 2-bedroom units and one 3-bedroom unit, along with two main level retail spaces - a restaurant and an open space with an overhead drive in door providing flexibility for a variety of commercial uses.

Commercial spaces include Milda’s Cafe and an additional flexible space known as The Living Room, featuring an open layout, kitchenette, and an overhead drive-in door suitable for a variety of uses.

Additional features include separately metered gas and electric, central heating and air conditioning, shared laundry facilities on each residential level, rear off-street parking, and a lower level basement space with future potential for storage income.

Contact us today for additional information or to schedule a private tour.

1720 Glenwood Ave is located just west of downtown Minneapolis in the rapidly evolving Harrison neighborhood bordering Bryn Mawr. The property offers excellent connectivity with immediate access to I-94, I-394, and Highway 55, providing convenient routes to downtown Minneapolis, St. Louis Park, Golden Valley, and the greater Twin Cities metro.

Glenwood Avenue continues to see ongoing redevelopment and investment, with a mix of residential, commercial, and creative uses contributing to increased activity and long-term growth. The location benefits from proximity to downtown amenities, Target Field, and Theodore Wirth Park, along with access to public transportation routes.

Separately metered gas and electricity

Freestanding mixed-use building situated on a corner lot along Glenwood Avenue, offering strong visibility and accessibility. The property includes a restaurant, additional retail space, 8 residential units, and 7 surface parking spaces in addition to readily available street parking.

One of the ground-level retail spaces features an overhead drive-in door, providing flexibility for a variety of commercial uses. The site supports a combination of residential, office, and retail tenancy, with a functional layout suitable for long-term operation or repositioning.

Natural Gas

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