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2318 1st St NE 18,725 SF Industrial Building Minneapolis, MN 55418 $2,050,000 ($109.48/SF)
Executive Summary
18,725 SF Industrial building for sale, featuring 4,900 SF of office space. The property includes one drive-in dock door measuring 12' x 12'10" and two additional drive-in doors at 12' x 11'9". Clear height is 13'5". Recent upgrades include a freshly painted exterior, brand-new gas unit heaters, a newer roof, updated mechanical systems, LED lighting, and modern finishes throughout.
Property Facts
| Price | $2,050,000 | Rentable Building Area | 18,725 SF |
| Price Per SF | $109.48 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1962 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.8/1,000 SF |
| Building Class | C | Clear Ceiling Height | 13’5” |
| Lot Size | 0.69 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | PR1 - Production Mixed-Use | ||
| Price | $2,050,000 |
| Price Per SF | $109.48 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.69 AC |
| Rentable Building Area | 18,725 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| Parking Ratio | 0.8/1,000 SF |
| Clear Ceiling Height | 13’5” |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | PR1 - Production Mixed-Use |
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 11-029-24-32-0158 | Improvements Assessment | $1,470,700 |
| Land Assessment | $239,300 | Total Assessment | $1,710,000 |
Property Taxes
Parcel Number
11-029-24-32-0158
Land Assessment
$239,300
Improvements Assessment
$1,470,700
Total Assessment
$1,710,000
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2318 1st St NE
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