2500 Kennedy Street NE, Minneapolis, MN 55413

$5,737,900

Property Type: Commercial Lot Size (sq. ft.): 173,804 Status: Closed

Current Price: $5,737,900 List Date: 11/30/2023 Last Modified: 8/29/2024

Overview

Description

Excellent location in NE Minneapolis easily accessible via 35W or Hwy 280. The 103K SF building consists of 78K SF of main level warehouse with mezzanine & 6,440 SF of office. Bonus space of 16K SF of lower level warehouse & 2,850 SF of office. The main level office area consists of work stations, 6 private offices, a large conference room and a very nice showroom which connects to the warehouse. The warehouse offers 25'-30' clear height, heavy duty power and 10 docks plus a drive in door access to the lower level warehouse. The building sits on 3.99 acres with ample space for outdoor storage. Zoned PR2.

Listing Details MLS# 6453466

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Industrial
Foundation Size: 84737
For Sale or Lease: For Sale
Acres: 3.99
Lot Dimensions: Irregular
Assessment Pending: Unknown
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None CMU Style: Industrial Construction Status: Previously Owned Current Use: Industrial Exterior: Brick/Stone; Wood Financing Terms: Other Fuel: Electric Heating: Other Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Storage; Uncovered/Open Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Off Market Date: 2024-08-23
Closed Date: 2024-07-12
Sales Close Price: 5737900
Contingency: None
ListPrice: 5995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2500
Street Name: Kennedy
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Minneapolis Indust District

Assessments

Tax With Assessments: 179639
Assessment Balance: 0

Building Information

Building Finished SqFt: 103587
Building SqFt: 103587

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 18
Township#: 29

Sale Options

Sale Includes: Building

Unit Details

Total Units: Yes

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
Rental License?: No
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2807
Property ID Number: 1802923330043
Tax Year: 2023
Tax Amount: 179639
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Directions: 35W N. Exit 19 turn onto E. Hennepin Ave then Left on NE Stinson and right on Kennedy.

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Financing Terms

Other: Yes

Fuel

Electric: Yes

Heating

Other: Yes

Parking Characteristics

Storage: Yes
Uncovered/Open: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Industrial: Yes

Current Use

Industrial: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Listing Office: Coldwell Banker Realty

Last Updated: August - 29 - 2024

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.