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    2316 4Th Ave S Minneapolis, MN 55405

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    For Sale
    $1,150,000

    5,500 SF building with office and industrial space for sale.

    Property size:
    5,070 SF
    Lot size:
    0.48 Acres

    Property Features for 2316 4Th Ave S

    General Information

    Size
    5,070 SF
    Lot size
    0.48 Acres

    Source: Kenwood Commercial Agent Mike Doyle

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

    Overview

    Mixed-Use Building Near Major Interstates

    This 5,500 square foot building, constructed in 1948, is situated on a 20,780 square foot (0.48 acre) lot. The property features a mix of uses, with 1,000 square feet designated as industrial space and 4,500 square feet configured as office space. The building includes a brightly lit entry area suitable for a reception, a kitchenette or break room, several small offices, and a conference room. A large area is available for building signage above the entryway. The property also includes a fenced-in area adjacent to the parking lot, containing storage buildings and spanning approximately 15,409 square feet. Located in the northeast corner of the Whittier Neighborhood, the property is bounded by Franklin Avenue, I-35W, Lake Street, and Lyndale Avenue. Its location offers close proximity to I-94 and I-35W. The zoning is RM3 - Residence and Institutional.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hail Group Auto Body Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

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

    Similar Places Nearby

    Gale Mansion, Nosh and Gather, Kelber Catering Inc, Monona Catering LLC, Midwest Catering

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2705836
    Latitude
    44.9597669

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    FAQs

    What type of property is this?
    Flex space - 5,500 SF building with office and industrial space for sale.
    Where is this flex space located?
    The property is located at 2316 4Th Ave S Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Excellent location near I-94 and I-35W.; - Large .48 acre lot with a 5,500 SF building.; - Includes a 15,409 SF fenced-in storage area.
    (612) 242-8820
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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
    2316 4Th Ave S Minneapolis, MN 55405
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