1828 Jefferson Street NE Minneapolis, MN 55418 MLS# 7130763 9889 sqft
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Property Description APPROVED FOR CANNABIS
Rare Northeast Minneapolis Commercial Opportunity â 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 propertyâs 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: 2300000
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
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
Assessments
Tax With Assessments: 26035
Basement
Foundation Dimensions: 98x86
Building Information
Building Finished SqFt: 9889
Building SqFt: 9889
Income and Expenses
Annual Gross Income: 203788
Annual Net Income: 125000
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
Property Features
Accessible: None
CMU Style: Freestanding; Mixed Use
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Commercial; Office; Warehouse