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



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"
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 |
-
|
-
|
| 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
| Price | $700,000 | Rentable Building Area | 6,317 SF |
| Price Per SF | $110.81 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1962 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 2.37/1,000 SF |
| Building Class | C | Clear Ceiling Height | 10’ |
| Lot Size | 0.40 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-1 - Light Industrial District | ||
| 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 |
1 1
PROPERTY TAXES
| Parcel Number | 03-30-24-42-0126 | Improvements Assessment | $238,600 |
| Land Assessment | $86,400 | Total Assessment | $325,000 |
PROPERTY TAXES
Parcel Number
03-30-24-42-0126
Land Assessment
$86,400
Improvements Assessment
$238,600
Total Assessment
$325,000
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160 NE Ely St
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