MLS# 7162577 - 2550 Bloomington Avenue Minneapolis, MN 55404 - VAL(company name)

MLS# 7162577 - 2550 Bloomington Avenue Minneapolis, MN 55404

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Built in 1920, this brick corner building has served the neighborhood for more than a century: first as a medical office, then a grocery, and for decades a barber shop. It's now ready for its next chapter. The building sits at the signalized corner of Bloomington Avenue and E 26th Street, where about 15,000 vehicles pass each day. Westbound traffic on 26th heads toward the nearby hospital campus, and transit stops are at the intersection. The C1-zoned storefront faces both streets. The current barber tenant can stay in place, or an owner-user can take over the space for their own business. An owner-occupant may qualify for SBA financing, which offers low down payments. Upstairs are a fully remodeled 3-bedroom and 1-bedroom apartment with long-term tenants. These units have in-unit laundry which is an attractive amenity. Both are enrolled in Minnesota's 4d low-income classification through 2029, which lowers property taxes. The building also has an open basement for storage and a tandem driveway for two to four vehicles. The roof is approximately 15 years old. It's a strong fit for an investor looking for stable mixed-use income, or a business owner who wants to own their location and have rental income help pay for it. Buyer to verify all measurements and other details.

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Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Johnathan Gunkel is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Johnathan Gunkel, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 10/21/2026 9:08:00 PM.
Equal Housing Opportunity.

Built in 1920, this brick corner building has served the neighborhood for more than a century: first as a medical office, then a grocery, and for decades a barber shop. It's now ready for its next chapter. The building sits at the signalized corner of Bloomington Avenue and E 26th Street, where about 15,000 vehicles pass each day. Westbound traffic on 26th heads toward the nearby hospital campus, and transit stops are at the intersection. The C1-zoned storefront faces both streets. The current barber tenant can stay in place, or an owner-user can take over the space for their own business. An owner-occupant may qualify for SBA financing, which offers low down payments. Upstairs are a fully remodeled 3-bedroom and 1-bedroom apartment with long-term tenants. These units have in-unit laundry which is an attractive amenity. Both are enrolled in Minnesota's 4d low-income classification through 2029, which lowers property taxes. The building also has an open basement for storage and a tandem driveway for two to four vehicles. The roof is approximately 15 years old. It's a strong fit for an investor looking for stable mixed-use income, or a business owner who wants to own their location and have rental income help pay for it. Buyer to verify all measurements and other details.

office_logo

Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Johnathan Gunkel is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Johnathan Gunkel, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 10/21/2026 9:08:00 PM.
Equal Housing Opportunity.

Built in 1920, this brick corner building has served the neighborhood for more than a century: first as a medical office, then a grocery, and for decades a barber shop. It's now ready for its next chapter. The building sits at the signalized corner of Bloomington Avenue and E 26th Street, where about 15,000 vehicles pass each day. Westbound traffic on 26th heads toward the nearby hospital campus, and transit stops are at the intersection. The C1-zoned storefront faces both streets. The current barber tenant can stay in place, or an owner-user can take over the space for their own business. An owner-occupant may qualify for SBA financing, which offers low down payments. Upstairs are a fully remodeled 3-bedroom and 1-bedroom apartment with long-term tenants. These units have in-unit laundry which is an attractive amenity. Both are enrolled in Minnesota's 4d low-income classification through 2029, which lowers property taxes. The building also has an open basement for storage and a tandem driveway for two to four vehicles. The roof is approximately 15 years old. It's a strong fit for an investor looking for stable mixed-use income, or a business owner who wants to own their location and have rental income help pay for it. Buyer to verify all measurements and other details.

office_logo

Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Johnathan Gunkel is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Johnathan Gunkel, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 10/21/2026 9:08:00 PM.
Equal Housing Opportunity.

Built in 1920, this brick corner building has served the neighborhood for more than a century: first as a medical office, then a grocery, and for decades a barber shop. It's now ready for its next chapter. The building sits at the signalized corner of Bloomington Avenue and E 26th Street, where about 15,000 vehicles pass each day. Westbound traffic on 26th heads toward the nearby hospital campus, and transit stops are at the intersection. The C1-zoned storefront faces both streets. The current barber tenant can stay in place, or an owner-user can take over the space for their own business. An owner-occupant may qualify for SBA financing, which offers low down payments. Upstairs are a fully remodeled 3-bedroom and 1-bedroom apartment with long-term tenants. These units have in-unit laundry which is an attractive amenity. Both are enrolled in Minnesota's 4d low-income classification through 2029, which lowers property taxes. The building also has an open basement for storage and a tandem driveway for two to four vehicles. The roof is approximately 15 years old. It's a strong fit for an investor looking for stable mixed-use income, or a business owner who wants to own their location and have rental income help pay for it. Buyer to verify all measurements and other details.

office_logo

Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Johnathan Gunkel is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Johnathan Gunkel, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 10/21/2026 9:08:00 PM.
Equal Housing Opportunity.