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Property Details

401 Royalston Avenue
Minneapolis, MN 55405

Price: $4,000,000

Listing # 6443571


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Ideal owner/occupant industrial facility located near Target Field, the Mpls Farmer's Market and International Market Square. Interior is a blank canvas and flexible for manufacturing, storage & distribution. Multiple drive-in doors on both the front and rear of the property allow for vehicles to drive through the property. Interior ramps located in rear of building provide covered delivery space. New green line light rail stop being built with station adjacent to the property. City of Mpls 2040 plan guidance supports up to a 30 unit mixed-use property if the site were to be redeveloped. Approx 65 surface parking spots. Restrooms located in both office and warehouse space.

Basic Features:

Style Industrial
Type Commercial Sale
Zoning Industrial
Year Built 1961
School District Minneapolis
County Hennepin
Lot Size 185 x 486
Acreage 2.07 acres
Garage 7 Car
Number of Units 1
Tax $ / Year $110,052 / 2022

Includes:

Building,Land,Leases,

Additional Features
Section 22
Exterior Features Brick/Stone
Foundation 38695
Fuel Source Natural Gas
Handicap Access None
Heating Forced Air
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Parking Lot Attached Garage,Multiple Garages,Open Lot,Parking Lot,Paved
Utilities Electric Common,Heating Common
Laundry N

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