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    3400 Cheatham Ave Minneapolis, MN

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    For Sale
    $1,300,000

    50,000+ sqft building with office, warehouse, and railway spur.

    Property size:
    58,479 SF
    Lot size:
    1.43 Acres

    Property Features for 3400 Cheatham Ave

    General Information

    Size
    58,479 SF
    Lot size
    1.43 Acres

    Source: Coldwell Banker Commercial Realty Agent Tina Swanson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office and Warehouse Space

    This 50,000+ sqft building, known as the Minneapolis Seed Company, is currently used as office and warehouse space and features a non-active railway spur. The office space, which measures over 19,000 sqft and is located on the south side of the building, has been remodeled on the 2nd and 3rd floors to meet current market demands. It includes conference rooms, private offices, breakrooms, and bathrooms. The main level has also been updated, highlighting the original exposed concrete columns to showcase the warehouse and storage areas. Many original architectural elements are still visible throughout the building. Loading docks and garages are available. Leases are in place for the remaining spaces, including warehouse, storage, basement, and parking areas, which are occupied by multiple tenants. The owner/operator will vacate the main office space and their warehouse/storage space, totaling 19,000 sqft, for the new owner. The zoning is designated as PR2 and T10 districts.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    ADM Milling, Public Storage, Elevator T General Mills, Simply Self Storage, iStorage

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2693572
    Latitude
    44.9836543

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    FAQs

    What type of property is this?
    Warehouse - 50,000+ sqft building with office, warehouse, and railway spur.
    Where is this warehouse located?
    The property is located at 3400 Cheatham Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Substantial 50,000+ sqft building suitable for office and warehouse operations.; - 19,000+ sqft of **remodeled office and warehouse space available for immediate owner/operator use.**; - **Remodeled office space includes conference rooms, private offices, breakrooms, and bathrooms.**
    (612) 388-7191
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    3400 Cheatham Ave Minneapolis, MN
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    Minneapolis, MN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3400 Cheatham Ave Minneapolis, MN
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