2318 Park Avenue, Minneapolis, MN

$2,000,000

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0.87

Acres

About 2318 Park Avenue

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.

Features of 2318 Park Avenue

MLS® # 6824408
Price $2,000,000
Bathrooms 0.00
Acres 0.87
Year Built 1923
Type Commercial Sale
Status Active

Community Information

Address 2318 Park Avenue
Area 63
Subdivision G N Merriams Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Utilities Electric Common, Heating Common, Hot Water Common
Parking Detached Garage, Asphalt, Finished Garage, Heated Garage, Paved Lot, Open
# of Garages 4
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Baseboard, Steam
Cooling Central Air
Fireplace No

Exterior

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Roof Age Over 8 Years, Flat

School Information

District Minneapolis

Additional Information

Days on Market 81
Zoning Business/Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeEdina Realty, Inc.

Listing Map

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