612-444-3333
2800-2930 2nd St N, Minneapolis, MN for Sale
Light Manufacturing - FOR SALE
1/5
null | 6.5% Cap Rate

2800-2930 2nd St N
Minneapolis, MN 55411
Hawthorne


HIGHLIGHTS

  • Diverse tenant mix, Long term Tenants with some being 10+ years
  • Flexible suite sizes from ±12,000 SF to ±28,000 SF
  • Both dock-high and drive-in loading doors
  • Ample surface parking and efficient truck circulation
  • Excellent highway access to I-94, I-394, I-35W, and Hwy 55

OVERVIEW

This well-maintained, multi-tenant industrial building offers an exceptional investment opportunity for buyers seeking both stability and strong long-term returns. The property features a diverse tenant mix across warehouse, light manufacturing, and flex spaces — including some Fortune 500 tenants and a commercial kitchen operator who has invested over $2 million in a state-of-the-art facility — providing consistent cash flow and reduced vacancy risk. Zoning allows for a wide range of uses, enhancing long-term leasing flexibility and tenant appeal. Currently, the property is leased at below-market rental rates, offering meaningful upside as leases renew or are restructured to market levels. Recent capital improvements and proactive management have positioned the asset for continued performance with minimal near-term maintenance. Strategically located just minutes from Downtown Minneapolis with excellent access to I-94, I-394, and Highway 55, this property combines strong fundamentals, steady income, and long-term growth potential — a compelling opportunity for investors seeking a durable and well-located Twin Cities industrial asset.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Second Street Business Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

23 Ft

DOCKS

24

DRIVE INS

4

PARKING SPACES

80

LAND DETAILS

LAND ACRES

6.4

LAND SF

278,784

ZONING

LI

APN/PARCEL ID

10-029-24-31-0099

ASK ABOUT THIS PROPERTY

Rustam MuharamovFinancially Free, LLCMore Info
612-444-3333

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Rustam MuharamovFinancially Free, LLCMore Info
612-444-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.