2930 2ND STREET

2930 2nd Street, Minneapolis, 55411, MN

DETAILS

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.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: ,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 155250ft²

  • Unit Amenities:

  • Heating System:

    • Other

LOT

  • Acres: N/A

  • Lot Size Dim.: x

  • Longitude: 45.0095

  • Latitude: -93.2795

  • Zoning: Business/Commercial,Industrial

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $361,086

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: Other

  • Water System: Other

ADDITIONAL INFORMATION

  • MLS#: NST7814934

  • Listing Brokerage: Financially Free, LLC Agency Icon

ID: 4227617
Published: October 20, 2025
Last Update: October 20, 2025
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