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    2223 49Th Ave N Minneapolis, MN 55430

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    For Sale
    $4,300,000

    62,047 SF warehouse with existing income and flexible options.

    Property size:
    62,047 SF
    Lot size:
    2.84 Acres

    Property Features for 2223 49Th Ave N

    General Information

    Size
    62,047 SF
    Lot size
    2.84 Acres

    Source: Premier Commercial Properties Agent Richard A Lee

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

    Overview

    Minneapolis Warehouse with Income Potential

    This 62,047 square foot warehouse property in Minneapolis presents a single tenant or multi-tenant opportunity with existing income in place. The building features clear heights ranging from 14 to 40 feet. Electrical capacity includes a 1,200 amp service, with an additional 2,000 amps available. A fiber line is installed within the building. LED lighting and security cameras are present throughout the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    General Mills Inc

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.3104193
    Latitude
    45.0435673

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    FAQs

    What type of property is this?
    Warehouse - 62,047 SF warehouse with existing income and flexible options.
    Where is this warehouse located?
    The property is located at 2223 49Th Ave N Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Existing income in place; - Single tenant or multi-tenant opportunity; - Substantial 62,047 SF available
    (612) 718-9919
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    2223 49Th Ave N Minneapolis, MN 55430
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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
    2223 49Th Ave N Minneapolis, MN 55430
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