Home › 245 2nd Avenue N, Minneapolis, MN 55401 (MLS# 6098099)

245 2nd Avenue N, Minneapolis, MN 55401 (MLS# 6098099)

$2,500,000
245 2nd Avenue N
Minneapolis, MN 55401
MLS# 6098099
Status: Closed


Property Description
Value add investment opportunity ideal for investor or owner occupant who interested in North Loop location. This 20,000 square foot building with a full useable basement with high ceilings, first floor with office and warehouse space, the second floor features office space and there is additional space on the third floor. Just steps from restaurants, shopping, night life, and the Downtown sports stadiums. This building is complete with large windows, high ceilings, a dock and drive-in door. There is a freight elevator and 6 off street parking spaces. Listing agent to be present at all showings.

Details
Maps
Contract Information
Availability: Available
Status: Closed
Off Market Date: 2022-08-22
Current Price: 1625000
Closed Date: 2022-08-18
Sales Close Price: 1625000
Contingency: None
ListPrice: 2500000
List Date: 2021-09-10
Owner is an Agent?: No
General Property Information
Living Area Units: Square Feet
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: Yes
Year Built: 1936
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9440
Garage Stalls: 1
For Sale or Lease: For Sale
Acres: 0.24
Lot Dimensions: 80x132
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 245
Street Name: 2nd
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55401
Complex/Dev/Subdivision: Subd Town Of
Building Information
Building Finished SqFt: 20720
Building SqFt: 20720
Ceiling Height: Varied Heights
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 22
Township#: 29
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 1
Property Features
Accessible: None
Air Conditioning: Central Air
Basement: Full
CMU Style: Office; Warehouse
Construction Materials: Concrete
Construction Status: Previously Owned
Current Use: Office; Warehouse
Existing Financing: Conventional
Exterior: Brick/Stone
Fencing: None
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Downtown
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Owner Pays: Electricity; Fuel; Insurance; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less
Sewer: City Sewer/Connected
Stories: Three Or More
Wall Description: Drywall
Water: City Water/Connected

Listing Office: Coldwell Banker Realty

Last Updated: August - 07 - 2025

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.

Tuesday 26th of May 2026 05:14 AM

218-998-4400

Search For Your New Home!
Residential
MultiFamily
Farm
Land
Commercial
Rental
to
to
to
to
More Search Options