5201 Lakeland Avenue N, Minneapolis, MN 55429 (MLS# 7007891)


$825,000
5201 Lakeland Avenue N
Minneapolis, MN 55429
MLS# 7007891



5201 Lakeland Avenue N, Minneapolis, MN 55429
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Property Description
Versatile industrial property offering a total of 5,000 SF, comprised of two 2,500 SF units with a functional mix of warehouse and office space. One unit features a 23’ x 38’ mezzanine, providing additional usable square footage for storage or office use. Both units are equipped with oversized drive-in garage doors and separate service doors, allowing for efficient access and flexible operations. The building has seen significant capital improvements, including a new roof (2019), new front entrance door, two new over-head garage door openers, new drive-in doors, new furnaces in both industrial bays, new LED lighting throughout the industrial space, and a recently updated water heater. Additional features include 3-phase power and new air conditioning in one of the bays. Ideal for owner-users seeking a well-maintained, well-designed industrial building with adaptable space for a variety of business uses.

Details
Maps
Contract Information
Status: Active
Current Price: 825000
Contingency: None
ListPrice: 825000
List Date: 2026-01-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1963
Yearly/Seasonal: Yearly
Zoning: Industrial
Foundation Size: 5005
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.46
Lot Dimensions: 304'x309'x56'x30'x30'x22'x3
Assessment Pending: No
Location Tax and Other Information
House Number: 5201
Street Name: Lakeland
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55429
Complex/Dev/Subdivision: Crystal Indust Add
Assessments
Tax With Assessments: 18854
Building Information
Building Finished SqFt: 5753
Building SqFt: 5753
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 09
Township#: 118
Sale Options
Sale Includes: Building
Unit Details
Total Units: 2
Property Features
Accessible: None
Air Conditioning: Central Air
CMU Style: Industrial; Office; Storage Unit; Warehouse
Construction Status: Previously Owned
Current Use: Industrial; Warehouse
Exterior: Brick/Stone
Flooring: Carpet; Concrete Slab
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Industrial Park
Lock Box Type: Combo
Lot Description: Corner Lot
On Site Utilities: Heating Separate
Parking Characteristics: Parking Lot; Paved Lot
Potential Use: Industrial; Office; Professional; Shop; Warehouse
Road Frontage: Paved Streets
Roof: Age 8 Years or Less
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected

Listing Office: eXp Realty

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.

Wednesday 27th of May 2026 08:47 PM

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