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1010 N 2nd Ave 30,000 SF Office Building Minneapolis, MN 55405 For Sale



INVESTMENT HIGHLIGHTS
- Receivership Court Order Sale- Bid Deadline Oct 29, 2025.
- • Bid Deadline - October 29, 2025
- • Auction – November 12, 2025
- Located outside downtown Minneapolis in the Harrison neighborhood with direct access to I-94 and I-394 corridor, in a growth zone with nearby redevelopment projects and amenities. The two story building situated on a 2.84-acre parcel offers 30,000 SF of e
- KEY PROCESS TIMELINE AND DATES
- • Selection of Baseline Bid - November 5, 2025
- • Sale Closing – December 22, 2025
EXECUTIVE SUMMARY
Receivership Court Order Sale- Bid Deadline Oct 29, 2025. 1010 2nd Ave N is located outside downtown Minneapolis in the Harrison neighborhood with direct access to I-94 and I-394 corridor, in a growth zone with nearby redevelopment projects and amenities. The two story building situated on a 2.84-acre parcel offers 30,000 SF of existing office space, on-site parking, and flexible zoning create a rare tax-advantaged redevelopment opportunity for investors.
Receivership Court Order Sale- Bid Deadline Oct 29, 2025.
KEY PROCESS TIMELINE AND DATES
• Bid Deadline - October 29, 2025
• Selection of Baseline Bid - November 5, 2025
• Auction – November 12, 2025
• Sale Closing – December 22, 2025
Receivership Court Order Sale- Bid Deadline Oct 29, 2025.
KEY PROCESS TIMELINE AND DATES
• Bid Deadline - October 29, 2025
• Selection of Baseline Bid - November 5, 2025
• Auction – November 12, 2025
• Sale Closing – December 22, 2025
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Sale Conditions
Property Type
Office
Building Size
30,000 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,000 SF
Building FAR
0.24
Lot Size
2.84 AC
Opportunity Zone
Yes
Zoning
OR2 - High Density Office Residence
Parking
180 Spaces (6 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Metro/Subway
- Signage
- Monument Signage
1 1
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 21-029-24-43-0123 | Improvements Assessment | $1,118,200 (2024) |
| Land Assessment | $1,581,800 (2024) | Total Assessment | $2,700,000 (2024) |
PROPERTY TAXES
Parcel Number
21-029-24-43-0123
Land Assessment
$1,581,800 (2024)
Improvements Assessment
$1,118,200 (2024)
Total Assessment
$2,700,000 (2024)
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1010 N 2nd Ave
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