2930 N 2nd Street Minneapolis, MN 55411
Other
MLS #: 7077168
Courtesy Of Keller Williams Integrity Realty
Property InformationDescription
This well-maintained, multi-tenant industrial building offers an exceptional investment opportunity for buyers seeking both stability
and strong long-term returns. The property features a diverse tenant mix across warehouse, light manufacturing, and flex spaces including some Fortune 500 tenants and a commercial kitchen operator who has invested over $2 million in a state-of-the-art facility providing consistent cash flow and reduced vacancy risk. Zoning allows for a wide range of uses, enhancing long-term leasing flexibility and tenant appeal.
Currently, the property is leased at below-market rental rates, offering meaningful upside as leases renew or are restructured to market levels. Recent capital improvements and proactive management have positioned the asset for continued performance with minimal near-term maintenance. Strategically located just minutes from Downtown Minneapolis with excellent access to I-94, I-394, and Highway 55, this property combines strong fundamentals, steady income, and long-term
growth potential a compelling opportunity for investors seeking a durable and well-located Twin Cities industrial asset.
and strong long-term returns. The property features a diverse tenant mix across warehouse, light manufacturing, and flex spaces including some Fortune 500 tenants and a commercial kitchen operator who has invested over $2 million in a state-of-the-art facility providing consistent cash flow and reduced vacancy risk. Zoning allows for a wide range of uses, enhancing long-term leasing flexibility and tenant appeal.
Currently, the property is leased at below-market rental rates, offering meaningful upside as leases renew or are restructured to market levels. Recent capital improvements and proactive management have positioned the asset for continued performance with minimal near-term maintenance. Strategically located just minutes from Downtown Minneapolis with excellent access to I-94, I-394, and Highway 55, this property combines strong fundamentals, steady income, and long-term
growth potential a compelling opportunity for investors seeking a durable and well-located Twin Cities industrial asset.
Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Heating System: Other (Heating)
- Legal Description: MORRISONS ADDN TO NORTH MPLS BLKS 21 AND 29 INCL ADJ VAC 29TH AVE N
- MLSID: 7077168
MAP & DIRECTIONS
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