2318 Park Avenue, Minneapolis, MN 55404 (MLS# 6824408)

2318 Park Avenue, Minneapolis, MN 55404

$1,750,000
Property Type: Commercial Square Footage: 13,789 Lot Size (sq. ft.): 37,897 Status: Active
Current Price: $1,750,000 List Date: 6/05/2026 Last Modified: 8/18/2026

Overview

Description

Embrace this rare opportunity to own a distinguished Park Avenue Georgian Revival mansion located along the iconic “Golden Mile” in Minneapolis. Encompassing more than 13,000 square feet, the property at 2318 Park Avenue is zoned BFI3/RM3 and is situated within the vibrant Phillips West neighborhood, approximately 1.5 miles from the Minneapolis central business district. The property also lies within a designated Minnesota Opportunity Zone, offering potential tax advantages for qualified investors. Currently utilized as office space for a nonprofit organization, the building offers exceptional flexibility with 34 private offices of varying sizes and numerous stately common and collaboration areas well suited for professional, institutional, or adaptive reuse purposes. All four finished floors are accessible via elevator, providing seamless vertical circulation throughout the building. The grand main entrance makes a lasting impression, featuring black-and-white marble flooring and ...

Listing Details MLS# 6824408

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
29
Owner Occupied
Yes
Waterfront YN
No
Year Built
1923
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3922
Garage Stalls
4
For Sale or Lease
For Sale
Acres
0.87
Lot Dimensions
146x258
Assessment Pending
No

Property Features

Accessible: Accessible Elevator Installed; Wheelchair Ramp Air Conditioning: Central Air Amenities Unit: Hardwood Floors; In-Ground Sprinkler; Multiple Phone Lines Assumable Loan: Not Assumable Basement: Egress Windows; Full CMU Style: Office Construction Status: Previously Owned Current Use: Office Exterior: Brick/Stone Fencing: Partial Flooring: Carpet; Marble; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Steam Loan Terms: Cash; Conventional Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Miscellaneous Information: Alarms On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Finished Garage; Heated Garage; Paved Lot; Uncovered/Open Pool Description: None Potential Use: Office; Other Road Frontage: City Street; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: Three Or More Topography: Level Wall Description: Drywall; Finished; Plaster Water: City Water/Connected Window Features: Double Pane Windows; Insulated Windows

Contract Information

Exclusions
Furniture is negotiable.
Contingency
None
ListPrice
1750000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2318
Street Name
Park
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55404
Complex/Dev/Subdivision
G N Merriams Add

Assessments

Assessment Balance
25232
Assessment Installment
4144
Tax With Assessments
56906

Building Information

Building Finished SqFt
12953
Building SqFt
13789
Ceiling Height
Varied Heights

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x50

Public Survey Info

Range#
24
Section#
35
Township#
29

Sale Options

Sale Includes
Building, Land

Unit 1

Unit Number
Yes
Leased?
No

Unit Details

Total Units
Yes
IDX
Listing Office: Edina Realty, Inc.
Last Updated: August - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.