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29189357
29189380

5201 Lakeland Ave N, Minneapolis, MN 55429

SN
MN MN 40709913
North Star Commercial
Listed by North Star Commercial
$825,000
146 days on market
Updated 5 days ago

5201 & 5205 Lakeland Avenue N

Details
APN 0911821210009
Property Type Industrial
Sub Type Warehouse
Square Footage 5,753
Units 1
Tenancy Single
Price per SqFt $143
Year Built 1963
Year Renovated 2019
Buildings 1
Stories 1
Acreage 0.460
Sale Condition For sale by owner

5201 & 5205 Lakeland Avenue North, Minneapolis, MN 55429

Marketing description

Property Description: Versatile industrial property offering a total of 5,753 SF, 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.

Location Description: Well-located industrial property in the northwest Twin Cities with convenient access to Highway 169, I-94, and I-694. Centrally positioned for easy connectivity to Minneapolis, St. Paul, and surrounding metro areas. Situated in an established industrial corridor with nearby manufacturing, distribution, and service businesses, making it ideal for a variety of industrial uses.

Investment highlights

  • Two oversized garage doors (one dedicated to each unit)

  • Approximately 25% office space / 75% industrial space

  • Functional layout ideal for owner-users

  • Convenient location with quick access to major highways

  • One unit includes a 23’ x 38’ mezzanine for additional storage or workspace

  • New Roof 2019 | New drive-in doors | New Furnaces in both bays

  • Air Conditioning Unit in one of the bays recently replaced

Listing Contacts

SN
MN MN 40709913
North Star Commercial
Listed by North Star Commercial

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Additional Information

Name
Scott Naasz
License
MN 40709913
Brokerage
Keller Williams Preferred Realty
Title
Real Estate Broker
Brokerage Address
14300 Nicollet Court
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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