Multi Tenant Industrial Property

2800 North 2nd Street Minneapolis, MN 55411

2800 North 2nd Street, Minneapolis, MN, 55411
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FOR SALE
Property Type:
Factory
Amount:
Please Call Broker for Price

Last Verified:
Nov 07, 2025

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Highlights

  • Strong in-place income with annual NOI of $975,688
  • Diverse tenant mix, Long term Tenants with some being 10+ years
  • Flexible suite sizes from ±12,000 SF to ±28,000 SF
  • Both dock-high and drive-in loading doors
  • Ample surface parking and efficient truck circulation
  • Central location – just minutes from Downtown Minneapolis
  • Excellent highway access to I-94, I-394, I-35W, and Hwy 55

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 fundamentals, steady income, and long-term growth potential — a compelling opportunity for investors seeking a durable and well-located Twin Cities industrial asset.

Minneapolis, Minnesota offers a strong environment for industrial and flex investment, combining excellent transportation access with a diverse, skilled workforce. Positioned just minutes from Downtown and connected by I-94, I-394, and Highway 55, the area supports a wide range of manufacturing, distribution, and creative users. Ongoing redevelopment of the Upper Harbor Terminal and surrounding industrial corridors continues to strengthen demand, making Minneapolis a prime market for investors seeking stable, long-term growth.


Year Built: 1982
Building Size: 155250sq ft
Lot Size: 6.42 acres

Map of 2800 North 2nd Street, Minneapolis, MN, 55411

Presented by:
Pybe

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Rustam Muharamov


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.