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907 Sibley St NE
Minneapolis, MN 55413
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- The site features the most centralized infill location in the Twin Cities area
- Existing buildings are ready to support a variety of tenants or owner-users
- Ideal for forward-looking investors and developers, the site offers significant upside for repositioning, densification, or integration
- At almost 40 acres, the property stands out as one of the largest contiguous urban land offerings in the Twin Cities
- With multiple buildings and parceling options, the site can accommodate single-user campuses, multitenant layouts, or redevelopment into mixed-use
EXECUTIVE SUMMARY
The Graco Minneapolis riverfront campus represents one of the most significant urban industrial redevelopment opportunities in the Twin Cities. This nearly 40-acre site
with approximately 670,000 SF of existing facilities will become available in mid-2027 when Graco completes its consolidation to northwest metro locations.
The property is zoned for industrial use so the Graco site would be a natural fit for another manufacturing employer. The City of Minneapolis is also open to rezoning for a mixed use redevelopment of all or a portion of the site.
THE TIMELINE
2025-2026: Marketing and stakeholder engagement
End 2026: Manufacturing operations vacated
Mid-2027: Headquarters relocation complete, full site available
with approximately 670,000 SF of existing facilities will become available in mid-2027 when Graco completes its consolidation to northwest metro locations.
The property is zoned for industrial use so the Graco site would be a natural fit for another manufacturing employer. The City of Minneapolis is also open to rezoning for a mixed use redevelopment of all or a portion of the site.
THE TIMELINE
2025-2026: Marketing and stakeholder engagement
End 2026: Manufacturing operations vacated
Mid-2027: Headquarters relocation complete, full site available
PROPERTY FACTS
| Sale Type | Owner User | Rentable Building Area | 78,000 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1974 |
| Property Subtype | Warehouse | Parking Ratio | 0.24/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 8 |
| Lot Size | 1.35 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | PR2 - Production and Processing | ||
| Sale Type | Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.35 AC |
| Rentable Building Area | 78,000 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 0.24/1,000 SF |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | PR2 - Production and Processing |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 15-029-24-41-0013 | Improvements Assessment | $1,673,800 |
| Land Assessment | $479,200 | Total Assessment | $2,153,000 |
PROPERTY TAXES
Parcel Number
15-029-24-41-0013
Land Assessment
$479,200
Improvements Assessment
$1,673,800
Total Assessment
$2,153,000
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