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


$1,875,000
2318 Park Avenue
Minneapolis, MN 55404
MLS# 6824408



2318 Park Avenue, Minneapolis, MN 55404
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2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue is located with easy access to both I94 and 35W, the central business district is less than 1.5 miles away. Traffic counts on Park Avenue are 9,265 per day according to 2025 data. Grand entrance with classic black and white marble floors. 2318 Park Avenue, Minneapolis, MN 55404 Paneled library or ballroom on main level with patio access. Fireplaces are decorative. One of the two large ballrooms on the main level with decorative marble fireplace. 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 Second floor landing from the main spiral staircase. Gorgeous detailed railings and moldings. Example of one of the larger 2nd level offices with decorative fireplace. 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 Lower level ballroom has a lift and has huge windows to provide light. Lower level ballroom with hardwood floors. Example of another lower level office with window. 2318 Park Avenue, Minneapolis, MN 55404 An example of one of the smaller basement offices. Lower level bathroom off elevator lobby. 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 2318 Park Avenue, Minneapolis, MN 55404 Enjoy a large patio leading off the current break room. Overhead Aerial of Property showing green space and 29 surface parking spots along with a 4+ car heated garage. 2318 Park Avenue, Minneapolis, MN 55404

Property 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 an elegant spiral staircase that underscores the property’s historic character and architectural significance. Situated on a fenced 0.87-acre parcel, the grounds include lush, irrigated lawns, two patio areas ideal for outdoor gatherings, and 29 surface parking spaces. A detached, heated four-car garage with an integrated workshop further enhances the property’s functionality, making this an exceptional offering for an owner-user or investor seeking a landmark asset with proximity to downtown Minneapolis.

Details
Maps
Documents
Contract Information
Exclusions: Furniture is negotiable.
Status: Active
Current Price: 1875000
Contingency: None
ListPrice: 1875000
List Date: 2025-12-15
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 29
Owner Occupied: Yes
Waterfront Present: 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
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
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: 1
Leased?: No
Unit Details
Total Units: 1
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

Listing Office: Edina Realty, Inc.

Last Updated: May - 27 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 28th of May 2026 06:01 PM

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