Minneapolis, MN 55404,2318 Park AVE
Minneapolis, MN 55404,2318 Park AVE
Minneapolis, MN 55404,2318 Park AVE
Minneapolis, MN 55404,2318 Park AVE
Minneapolis, MN 55404,2318 Park AVE
Minneapolis, MN 55404,2318 Park AVE
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$ 2,000,000
Est. payment | /mo

0.87 Acres Lot


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$ 2,000,000
Est. payment | /mo
Save

0.87 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision G N Merriams Add

MLS Listing ID 6824408

Year Built 1923

Annual Tax Amount $52,761

Tax Year 2025

Contingent None

Lot Size 0.870 Acres

Acres 0.87

Lot Dimensions 146x258

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.

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Basement Egress Window(s), Finished, Full

Interior

Heating Baseboard, Steam

Cooling Central Air

Flooring Carpet, Marble, Wood

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Detached Garage, Asphalt, Finished Garage, Heated Garage, Paved Lot, Open

Garage Spaces 4.0

Fence Partial

Pool None

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat

Present Use Office

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story Three Or More

Foundation 3922

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

New Construction false

Schools

School District Minneapolis

Listed by Nicole Lettner • Edina Realty, Inc.

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Yinghua Academy

    Public | KG - 8

  • 7

    Field Community School

    Public | 5 - 8

  • 5

    Kenwood Elementary

    Public | KG - 5

  • 5

    Harvest Preparatory School

    Public | KG - 6

  • 5

    Barton Open Elementary School

    Public | KG - 8

  • 5

    Adelante College Preparatory Academy

    Public | 5 - 8

  • 5

    Southside Family Charter School

    Public | KG - 8

  • 5

    Northrop Community School

    Public | PK - 5

  • 4

    Kipp Minnesota Charter School

    Public | 5 - 8

  • 4

    Lyndale Community School

    Public | PK - 5

  • 4

    Mn International Middle Charter

    Public | 5 - 8

  • 4

    Richard R. Green Central Park School

    Public | PK - 5

  • 4

    Marcy Open Elementary School

    Public | KG - 8

  • 4

    Folwell Arts Magnet

    Public | KG - 8

  • 3

    Best Academy

    Public | KG - 8

  • 3

    Twin Cities International Elementary School

    Public | KG - 4

  • 3

    Emerson Elementary School

    Public | PK - 5

  • 3

    Hennepin Elementary School

    Public | KG - 6

  • 3

    New City School

    Public | KG - 8

  • 3

    Cedar Riverside Community School

    Public | KG - 8

Middle Schools 8
  • 1

    Stadium View

    Public | 6 - 12

  • 1

    Minnesota Transitions Middle School

    Public | 6 - 8

  • 0

    Franklin Middle School

    Public | 6 - 8

  • 0

    Urban League Academy High School

    Public | 6 - 12

  • 0

    Minneapolis on Line Learning

    Public | 7 - 12

  • 0

    Center School

    Public | 7 - 12

  • 0

    Broadway Arts & Technology

    Public | 7 - 12

  • 0

    Heritage Science & Technology

    Public | 6 - 12

High Schools 20
  • 2

    Minneapolis College Preparatory

    Public | 9 - 12

  • 2

    Downtown Campus

    Public | 9 - 12

  • 2

    South High School

    Public | 9 - 12

  • 2

    Mts Pease Academy

    Public | 9 - 12

  • 1

    North Academy Arts/Communication

    Public | 9 - 10

  • 1

    Harrison Education Center

    Public | 9 - 12

  • 1

    Sabathani Campus

    Public | 9 - 12

  • 1

    Augsburg Fairview Academy

    Public | 9 - 12

  • 1

    Transition Plus Services

    Public | 12 - 12

  • 1

    El Colegio Charter School

    Public | 9 - 12

  • 1

    Mts High School

    Public | 9 - 12

  • 1

    Roosevelt High School

    Public | 9 - 12

  • 0

    Plymouth Youth Center

    Public | 9 - 12

  • 0

    North Community High School

    Public | 9 - 12

  • 0

    Basic Skills-4

    Public | 9 - 12

  • 0

    Span High School

    Public | 9 - 12

  • 0

    Metro Tech Academy

    Public | 9 - 12

  • 0

    Merc

    Public | 9 - 12

  • 0

    Loring-Nicollet High School

    Public | 9 - 12

  • 0

    Inter District Downtown School

    Public | 10 - 12

School and business data provided by Attom Data.
Andrea Nemetz

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(651) 769-5991

andrea.nemetz@lptrealty.com

12760 Aberdeen St NE, Blaine, MN, 55449, USA

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2318 Park AVE