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160 NE Ely St 6,317 SF Industrial Building Minneapolis, MN 55432 $700,000 ($110.81/SF)

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EXECUTIVE SUMMARY

Located in Fridley, Minnesota, just off East River Road
Close to Trunk Highway 610 and MN Hwy 47
Building will be 100% Vacant Upon Sale
Close to Mississippi River, Fridley has a robust park system: Springbrook Nature Center, 39 neighborhood parks, three county parks, and two Regional Trails
Building has had the same owner for over 40 years
Property will require some maintenance/repairs
Additional land parcels available - see aerial view on sale brochure
NOTE: Ceiling heights vary from 10' to 12'3"

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

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

Price $700,000
Price Per SF $110.81
Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.40 AC
Rentable Building Area 6,317 SF
No. Stories 1
Year Built 1962
Tenancy Single
Parking Ratio 2.37/1,000 SF
Clear Ceiling Height 10’
No. Drive In / Grade-Level Doors 1
Zoning M-1 - Light Industrial District

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-30-24-42-0126
Land Assessment
$86,400
Improvements Assessment
$238,600
Total Assessment
$325,000
  • Listing ID: 35878995

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 160 NE Ely St, Minneapolis, MN 55432

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