Log In/Sign Up
Your email has been sent.
925 N Boone Ave 19,555 SF Industrial Building Golden Valley, MN 55427 $3,500,000 ($178.98/SF)
Executive Summary
19,478 Office/Warehouse Building
Owner/User/Investment Opportunity
925 Boone Avenue North presents a compelling opportunity for both owner-users and investors seeking well-located industrial real estate in a tight market. The property is currently 49% occupied, creating immediate upside for an owner-user looking to occupy a significant portion of the building while benefiting from in-place income.
For investors, the asset offers strong fundamentals. Low industrial vacancy rates in the market support leasing demand, rental rate growth, and long-term stability. The existing tenancy provides a baseline income stream, while the available space allows for lease-up at market rates or strategic repositioning.
Whether the objective is to secure space for an operating business or to acquire an industrial asset with built-in flexibility and upside, 925 Boone Avenue North stands out as a rare opportunity in a supply-constrained industrial environment.
• Address: 925 Boone Avenue North | Golden Valley, MN 55427
• Building SF: 19,478
• Vacant SF: 9,917
• Land Area: 1.36 Acres (59,259 sf)
• PID Number: 31-118-21-24-0001
• Year Built: 1996
• Occupancy Type: Multi-tenant
• Occupancy: 49%
• County: Hennepin
• Zoning: Industrial
• Dock Doors: 2 dock doors (1 ramped) and 1 drive-in door
• Cross Streets: 10th Avenue North & Boone Avenue North
• 2025 Tax: $81,858.18
• 2026 Proposed Tax: $84,526.65
• Sale Price: $3,500,000.00
Owner/User/Investment Opportunity
925 Boone Avenue North presents a compelling opportunity for both owner-users and investors seeking well-located industrial real estate in a tight market. The property is currently 49% occupied, creating immediate upside for an owner-user looking to occupy a significant portion of the building while benefiting from in-place income.
For investors, the asset offers strong fundamentals. Low industrial vacancy rates in the market support leasing demand, rental rate growth, and long-term stability. The existing tenancy provides a baseline income stream, while the available space allows for lease-up at market rates or strategic repositioning.
Whether the objective is to secure space for an operating business or to acquire an industrial asset with built-in flexibility and upside, 925 Boone Avenue North stands out as a rare opportunity in a supply-constrained industrial environment.
• Address: 925 Boone Avenue North | Golden Valley, MN 55427
• Building SF: 19,478
• Vacant SF: 9,917
• Land Area: 1.36 Acres (59,259 sf)
• PID Number: 31-118-21-24-0001
• Year Built: 1996
• Occupancy Type: Multi-tenant
• Occupancy: 49%
• County: Hennepin
• Zoning: Industrial
• Dock Doors: 2 dock doors (1 ramped) and 1 drive-in door
• Cross Streets: 10th Avenue North & Boone Avenue North
• 2025 Tax: $81,858.18
• 2026 Proposed Tax: $84,526.65
• Sale Price: $3,500,000.00
Property Facts
| Price | $3,500,000 | No. Stories | 1 |
| Price Per SF | $178.98 | Year Built | 1996 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.28/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 20’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.53 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 19,555 SF | ||
| Zoning | Light Manufacturing | ||
| Price | $3,500,000 |
| Price Per SF | $178.98 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.53 AC |
| Rentable Building Area | 19,555 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Tenancy | Single |
| Parking Ratio | 1.28/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Light Manufacturing |
Amenities
- Bus Line
- Security System
- Air Conditioning
Utilities
- Lighting
- Water
- Heating
1 1
Property Taxes
| Parcel Number | 31-118-21-24-0001 | Improvements Assessment | $2,154,000 |
| Land Assessment | $424,000 | Total Assessment | $2,578,000 |
Property Taxes
Parcel Number
31-118-21-24-0001
Land Assessment
$424,000
Improvements Assessment
$2,154,000
Total Assessment
$2,578,000
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
925 N Boone Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.