Sherry Coauette
MLS#7077168
STATUSActive
PROPERTY TYPECommercial - Industrial
SUBDIVISIONMorrisons Add To North
SCHOOLMinneapolis
Property Description
This well-maintained, multi-tenant industrial building offers an exceptional investment opportunity for buyers seeking both stabilityand strong long-term returns. The property features a diverse tenant mix across warehouse, light manufacturing, and flex spaces ? including some Fortune 500 tenants and a commercial kitchen operator who has invested over $2 million in a state-of-the-art facility ? providing consistent cash flow and reduced vacancy risk. Zoning allows for a wide range of uses, enhancing long-term leasing flexibility and tenant appeal.Currently, the property is leased at below-market rental rates, offering meaningful upside as leases renew or are restructured to market levels. Recent capital improvements and proactive management have positioned the asset for continued performance with minimal near-term maintenance. Strategically located just minutes from Downtown Minneapolis with excellent access to I-94, I-394, and Highway 55, this property combines strong fundamentals, steady income, and long-termgrowth potential ? a compelling opportunity for investors seeking a durable and well-located Twin Cities industrial asset.
Property Features
Property Type: Commercial - Industrial
Fuel Type: Other
Heating: Other
Lot Size: 6.42 Acres
Taxes: $361,086
Year Built: 1981
Feature Descriptions
Current Use: Professional/Office, Commercial, Industrial, Office, Professional Service, Warehouse
Days on Site: 4
Foundation Size: 155250
Lot Dimensions: x
Parcel#: 1002924310099
Parking: Parking Lot
Sale Includes: Building, Land, Leases
Sewer: Other
Units: 8
Utilities: Electric Separate, Heating Separate
Water: Other
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Integrity Realty
Agency Phone: 651-203-1700
Shown By
Agent Name: Sherry Coauette
Agent Phone: (218) 280-8272
Agency Title: LeBlanc Realty
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2930 N 2nd Street | MLS# 7077168
This commercial property located at 2930 N 2nd Street , Minneapolis, MN 55411 is currently listed for sale with an asking price of $1. N 2nd Street is located within the Minneapolis school district. Search Minneapolis real estate on scoauette.leblancrealty.com today.