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160 NE Ely St 6,317 SF Industrial Building Minneapolis, MN 55432 $700,000 ($110.81/SF)
Investment Highlights
- Prime Fridley location just off East River Road with quick access to Hwy 610 and MN-47, offering strong connectivity for industrial users.
- Situated near the Mississippi River and within a community rich in parks and trails, including Springbrook Nature Center
- Functional layout with one drive-in door and varying ceiling heights from 10 feet to over 12 feet 3 inches, well-suited for light industrial operation
- Industrial building delivered 100 percent vacant at closing, providing flexibility for owner-users or value-add investors.
- Long-term single ownership of over 40 years with additional adjacent land parcels available for expanded use or future development.
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 |
-
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-
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| Operating Expenses |
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| 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
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03-30-24-42-0126 | Improvements Assessment | $254,300 (2026) |
| Land Assessment | $90,700 (2026) | Total Assessment | $345,000 (2026) |
Property Taxes
Parcel Number
03-30-24-42-0126
Land Assessment
$90,700 (2026)
Improvements Assessment
$254,300 (2026)
Total Assessment
$345,000 (2026)
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160 NE Ely St
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