2930 N 2nd Street, Minneapolis, MN 55411 (MLS# 7077168)

2930 N 2nd Street, Minneapolis, MN 55411

$1
Property Type: Commercial Square Footage: 155,250 Lot Size (sq. ft.): 279,655 Status: Active
Current Price: $1 List Date: 5/19/2026 Last Modified: 6/26/2026

Overview

Description

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 fundament ...

Listing Details MLS# 7077168

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1981
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Industrial
Foundation Size
155250
For Sale or Lease
For Sale
Acres
6.42
Lot Dimensions
x
Assessment Pending
No

Property Features

Accessible: Other Assumable Loan: Not Assumable CMU Style: Industrial; Other Construction Status: Previously Owned Current Use: Business Service; Commercial; Industrial; Office; Professional Service; Warehouse Exterior: Other Foundation: Other Fuel: Other Heating: Other Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate Parking Characteristics: Parking Lot Potential Use: Office; Warehouse Sewer: Other Water: Other

Contract Information

Contingency
None
ListPrice
Yes
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
2930
Street Direction Prefix
N
Street Name
2nd
Street Suffix
Street
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55411
Complex/Dev/Subdivision
Morrisons Add To North

Assessments

Tax With Assessments
361086

Building Information

Building Finished SqFt
155250
Building SqFt
155250
Ceiling Height
Over 20

More Information

Income and Expenses

Annual Gross Expenses
600527
Annual Gross Income
1576216
Annual Net Income
975689

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
10
Township#
29

Sale Options

Sale Includes
Building, Land, Leases

Unit Details

Total Units
8
IDX
Listing Office: Keller Williams Integrity Realty
Last Updated: June - 26 - 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.
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