$2,000,000

2318 Park Avenue, Minneapolis, MN 55404

  • 13,789 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon0.87acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $145/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Embrace this rare opportunity to own a distinguished Park Avenue Georgian Revival mansion located along the iconic “Golden Mile” in Minneapolis. Encompassing more than 13,000 square feet, the property at 2318 Park Avenue is zoned BFI3/RM3 and is situated within the vibrant Phillips West neighborhood, approximately 1.5 miles from the Minneapolis central business district. The property also lies within a designated Minnesota Opportunity Zone, offering potential tax advantages for qualified investors. Currently utilized as office space for a nonprofit organization, the building offers exceptional flexibility with 34 private offices of varying sizes and numerous stately common and collaboration areas well suited for professional, institutional, or adaptive reuse purposes. All four finished floors are accessible via elevator, providing seamless vertical circulation throughout the building. The grand main entrance makes a lasting impression, featuring black-and-white marble flooring and an elegant spiral staircase that underscores the property’s historic character and architectural significance. Situated on a fenced 0.87-acre parcel, the grounds include lush, irrigated lawns, two patio areas ideal for outdoor gatherings, and 29 surface parking spaces. A detached, heated four-car garage with an integrated workshop further enhances the property’s functionality, making this an exceptional offering for an owner-user or investor seeking a landmark asset with proximity to downtown Minneapolis.

Listing Status:
Active
Listing Office:
Edina Realty, Inc. : 651-698-2434
MLS ID:
6824408
  • Basement: Egress Window(s)FinishedFull
  • Flooring: CarpetMarbleWood
  • A/C: Central Air
  • Heating: BaseboardSteam
  • Pool: None
  • Parking: Detached GarageAsphaltFinished GarageHeated GaragePaved LotOpen
  • Roofing: Age Over 8 YearsFlat
  • Windows: Double Pane WindowsInsulated Windows
  • General: Three Or More
  • Road/Access: City StreetSidewalksStreet Lights
  • Originating MLS: northstar
  • School District: Minneapolis
  • County: Hennepin
  • Topography: Level
  • Zoning: 3502924220017
  • Fencing: Partial
  • Current Use: Office
  • Utilities: Electric CommonHeating CommonHot Water Common
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Edina Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

E

Emerson Elementary School

120 W 15th St, Minneapolis, MN, 55403

Grades PK-5

0.94 miles away

A

Andersen United Middle School

1098 Andersen Ln, Minneapolis, MN, 55407

Grades 6-8

0.55 miles away

L

Loring Nicollet Extended

1925 Chicago Ave, Minneapolis, MN, 55404

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.