Active

401 Royalston Avenue

Minneapolis MN, 55405

$4,000,000


$103.37 per sqft

Active

38,695 sqft

Commercial

Built in 1961

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.

6443571

MLS ID

October 4, 2023

Listed

February 16, 2024

Updated

Map

401 Royalston Avenue
Minneapolis MN, 55405

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

2.07 Acres


Sewer

City Sewer/Connected

School Information

School District

Minneapolis

Other Property Details

Taxes

$110,052


Tax Frequency

Annually


Days on Market

13


Garage

Yes


Garage Spaces

7


Parking

Attached Garage, Multiple Garages, Open Lot, Parking Lot, Paved


View

No


County

Hennepin


Water Source

City Water/Connected


Pool

No


Buyer Agency Compensation

3%

 

Courtesy of Gold Group Realty, LLC

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Adam Fonda shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 12:59 AM UTC, 2/16/2024

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