8201 Hickory Street NE, Minneapolis, MN 55432

$14,900,000
Property Type: Commercial Lot Size (sq. ft.): 260,924 Status: Active
Current Price: $14,900,000 List Date: 2/13/2026 Last Modified: 2/14/2026

Overview

Description

Cross-Dock Refrigerated Truck Terminal. Complete Turnkey Offering This offering represents the sale of the ENTIRE OPERATION as a unified transaction, including: • The Real Estate (5.99 Acres | 32,178 SF Fully Refrigerated Facility) • The Operating Business- KLMB Transportation Inc. • All Associated Equipment, Operational Assets & Contacts. • Fleet Assets: 30 Trucks and 40 Trailers (Estimated Value: $3,000,000+) The sellers are not offering individual components separately. The business, assets, and real estate are being sold together as a complete turnkey package. Strategically positioned in the heart of Fridley's industrial corridor, this state-of-the-art cross-dock refrigerated warehouse presents a rare opportunity to acquire a fully equipped truck terminal with exceptional infrastructure and access. Located approximately 30 minutes from Minneapolis-St. Paul International Airport and with immediate connectivity to Interstate 694, the property offers efficient regional and national distribution access. Originally constructed between 1991-1995, with a major remodel and high-bay addition completed in 1999, the facility has been continuously improved to support modern logistics and refrigerated operations. The building totals 32,178 square feet, comprised of: * 3,870 SF of office space * 14,880 SF low-bay cooler area- Refrigerated * 13428 SF high-bay warehouse space- Refrigerated Situated on 5.99 acres (260,924 SF) and zoned M-3 Heavy Industrial, the property provides excellent functionality for transportation, distribution, and cross-dock users. Loading & Warehouse Features: * 32 loading docks * 1 drive-in door * All docks equipped with bumpers, levelers, and seals * Clear heights: 13'6" (low bay) and 24'6" (high bay) * Trailer storage available on site Recent Capital Improvements: * Full remodel of first-floor office spaces, including updated kitchen and two bathrooms * One additional restroom added on the first floor * Added 10-12 semi-truck parking stalls * Added 20 small vehicle parking spaces * Constructed a full office and private restroom for tenants * Exterior office building freshly painted Positioned within a well-established industrial park and surrounded by hotels, restaurants, and retail amenities, this asset offers both operational efficiency and long-term investment stability.

Listing Details MLS# 7021019

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
75
Owner Occupied
Yes
Waterfront Present
No
Year Built
1991
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Industrial
Foundation Size
30000
Garage Stalls
33
For Sale or Lease
For Sale
Acres
5.99
Lot Dimensions
597x437x595x437

Property Features

Accessible: Doors 36"+ Air Conditioning: Central Air CMU Style: Business Opportunity; Industrial; Mixed Use; Other; Truck Terminal; Warehouse Construction Materials: Block; Concrete; Frame; Stone Construction Status: Previously Owned Current Use: Industrial; Office; Warehouse Exterior: Aluminum Siding; Brick/Stone; Metal Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; Satellite Location Description: Industrial Park Miscellaneous Information: 2+ Lavatories; 220 Volt; 440 Volt; Alarms; Building Sign; Delivery Door; Exterior Lighting; Loading Dock On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Multiple Garages; Parking Lot; Carport; Paved Lot Road Frontage: City Street Roof: Age Over 8 Years; Flat; Metal Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities Wall Description: Concrete/Block; Drywall; Finished; Insulated; Metal Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
14900000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
8201
Street Name
Hickory
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Anoka
State
MN
Zip Code
55432
Complex/Dev/Subdivision
Mar-Len Add

Assessments

Tax With Assessments
88912
Assessment Balance
0

Building Information

Building Finished SqFt
32178
Building SqFt
32178

More Information

Income and Expenses

Annual Gross Income
11042292
Annual Net Income
975000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No
2+ Lavatories
Yes
220 Volt
Yes
440 Volt
Yes
Alarms
Yes
Building Sign
Yes
Delivery Door
Yes
Exterior Lighting
Yes
Loading Dock
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Door Height
24
Garage Door Width
9
Garage Square Feet
28308
Multiple Garages
Yes
Parking Lot
Yes
Carport
Yes
Paved Lot
Yes

Public Survey Info

Range#
24
Section#
03
Township#
30

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Rental License

Unit Details

Total Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 1 BLOCK 1 MAR-LEN ADDITION
Listing City
Fridley
Map Page
78
Municipality
Fridley
School District
Anoka-Hennepin
School District Phone
763-506-1000
Zip Plus 4
1000
Property ID Number
033024140009
Tax Year
2025
Tax Amount
88912
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Cross-Dock Refrigerated Truck Terminal. Complete Turnkey Offering This offering represents the sale of the ENTIRE OPERATION as a unified transaction, including: • The Real Estate (5.99 Acres | 32,178 SF Fully Refrigerated Facility) • The Operating Business- KLMB Transportation Inc. • All Associated Equipment, Operational Assets & Contacts. • Fleet Assets: 30 Trucks and 40 Trailers (Estimated Value: $3,000,000+) The sellers are not offering individual components separately. The business, assets, and real estate are being sold together as a complete turnkey package. Strategically positioned in the heart of Fridley's industrial corridor, this state-of-the-art cross-dock refrigerated warehouse presents a rare opportunity to acquire a fully equipped truck terminal with exceptional infrastructure and access. Located approximately 30 minutes from Minneapolis-St. Paul International Airport and with immediate connectivity to Interstate 694, the property offers efficient regional and national distribution access. Originally constructed between 1991-1995, with a major remodel and high-bay addition completed in 1999, the facility has been continuously improved to support modern logistics and refrigerated operations. The building totals 32,178 square feet, comprised of: * 3,870 SF of office space * 14,880 SF low-bay cooler area- Refrigerated * 13428 SF high-bay warehouse space- Refrigerated Situated on 5.99 acres (260,924 SF) and zoned M-3 Heavy Industrial, the property provides excellent functionality for transportation, distribution, and cross-dock users. Loading & Warehouse Features: * 32 loading docks * 1 drive-in door * All docks equipped with bumpers, levelers, and seals * Clear heights: 13'6" (low bay) and 24'6" (high bay) * Trailer storage available on site Recent Capital Improvements: * Full remodel of first-floor office spaces, including updated kitchen and two bathrooms * One additional restroom added on the first floor * Added 10-12 semi-truck parking stalls * Added 20 small vehicle parking spaces * Constructed a full office and private restroom for tenants * Exterior office building freshly painted Positioned within a well-established industrial park and surrounded by hotels, restaurants, and retail amenities, this asset offers both operational efficiency and long-term investment stability.
Directions
North on Highway 47 North, to 81st Ave Ne West, to Hickory St NE North to property on right hand side.

Accessible

Doors 36"+
Yes

Air Conditioning

Central Air
Yes

Construction Materials

Block
Yes
Concrete
Yes
Frame
Yes
Stone
Yes

Construction Status

Previously Owned
Yes

Exterior

Aluminum Siding
Yes
Brick/Stone
Yes
Metal
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes
Satellite
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes
Flat
Yes
Metal
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Wall Description

Concrete/Block
Yes
Drywall
Yes
Finished
Yes
Insulated
Yes
Metal
Yes

Water

City Water/Connected
Yes

Tenant Pays

All Utilities
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Business Opportunity
Yes
Industrial
Yes
Mixed Use
Yes
Other
Yes
Truck Terminal
Yes
Warehouse
Yes

Current Use

Industrial
Yes
Office
Yes
Warehouse
Yes

Location Description

Industrial Park
Yes

Documents

Listing Office: Counselor Realty, Inc.
IDX
Last Updated: February - 14 - 2026
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.