About This Home

This 0-bedroom, 0-bathroom commercial at 4021 Thomas Avenue N in Minneapolis, MN is listed for $4,399,000. Built in 1950, on a 1.81 acres lot.

Key Features

  • Built in 1950
  • 1.81 acre lot

Property Details

1950
Listing Description

Specialty Building offering three floors of offices, large class rooms, Commercial Kitchen, Gymnasium, social/Dining Hall elevator Air-Conditioned, and limited on-site parking. The seller states since purchase over $1M has bee invested in the building.

With 28 offices and 34 class rooms, this specialty building offers several creative uses from office use, Education, Charter School, Medical use, transformation into housing, etc. Ideally this building wood be ideal for a 55+ Community being able to house in individual apartments and offer meals being served in the dinning hall.

Support business's including clinic, Dentist, Social/Counselor, Barber shop and Hair Saloon, small convenience store, community Garden, outdoor patio, small movie theater, exercise room, craft room and Library, etc. How about an indoor Pickle Ball Court? Great potential and a start to an already well kept facility. SALE PRICE IS NEGOTIABLE and POSSIBLE LEASE TO QUALIFIED PARTY

Monthly Cost Estimate

$23,527/mo

20% down · 6.5% · 30 years

Principal$3,181
Interest$19,062
Insurance$1,283

Estimates only. Actual payments may vary.

Location

4021 Thomas Avenue N

Minneapolis, MN 55412

R 24 W

Property Details

Parking

Parking LotAssignedDriveway

Heating

Steam

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4021 Thomas Avenue N is listed at $4,399,000. The estimated monthly payment is $23,527 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 1.81 acre lot.

This property is listed by Leslie J. Racine.

LR

Leslie J. Racine

Agent at Paradigm REG South Suburban LLC

Listed by Paradigm REG South Suburban LLC · Broker phone: (952) 431-5100 · Broker website

MLS# 7022923· Source: Northstar MLS· 258 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4021 Thomas Avenue N, Minneapolis, MN 55412

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