2930 N 2nd Street - Photo 1
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2930 N 2nd Street
2930 N 2nd Street
2930 N 2nd Street
2930 N 2nd Street
2930 N 2nd Street

2930 N 2nd Street, Minneapolis, MN 55411 - MLS# 7159472

MLS® #: 7159472|Days on Market: 14|Listed: Oct 13, 2026

Price on request

Bedrooms
0
Bathrooms
0
Acres
6.42
Year Built
1981
Property Type
Commercial Sale
Heating
Other
Days on Market
14
School District
1 - Minneapolis

This well-maintained, multi-tenant industrial building offers an exceptional investment opportunity for buyers seeking both stability

and strong long-term returns. The property features a diverse tenant mix across warehouse, light manufacturing, and flex spaces — including some Fortune 500 tenants and a commercial kitchen operator who has invested over $2 million in a state-of-the-art facility — providing consistent cash flow and reduced vacancy risk. Zoning allows for a wide range of uses, enhancing long-term leasing flexibility and tenant appeal.

Currently, the property is leased at below-market rental rates, offering meaningful upside as leases renew or are restructured to market levels. Recent capital improvements and proactive management have positioned the asset for continued performance with minimal near-term maintenance. Strategically located just minutes from Downtown Minneapolis with excellent access to I-94, I-394, and Highway 55, this property combines strong fundamentals, steady income, and long-term

growth potential — a compelling opportunity for investors seeking a durable and well-located Twin Cities industrial asset.

2930 N 2nd Street, Minneapolis, MN 55411

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Interior Information

HeatingOther
FuelOther
AccessibilityOther

Exterior & Parking

ExteriorOther
FoundationOther
ParkingParking Lot

Lot & Utilities

Lot Size6.42 acres
Lot DimensionsX
ZoningBusiness/Commercial,Industrial
SubdivisionMorrisons Add To North
TownshipMinneapolis
CountyHennepin
SewerOther
WaterOther

Financial & Tax Information

Annual Taxes$361,086
Tax Year2026
Tax w/ Assessments$361,086
Assessment PendingNo
Parcel Number1002924310099
Financing OptionsConventional, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 33% of occupied homes are owner-occupied, and the average commute is 22 minutes.

Cost of Ownership

Median home value

$215,100

Lower than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$1,642/yr

Lower than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,633/mo

Lower than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$705/mo

Lower than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Homes in the Area

Owner-occupied homes

33%

Lower than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1938

Similar to the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 1960-196919%
  • 1939 or earlier59%

Types of homes

The share of housing units in each building type.

  • Single-family detached37%
  • 5+ units36%

Getting Around

Average commute

22 min

Similar to the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone56%

Homes with broadband

83%

Lower than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Nellie Stone Johnson Elementary, Anwatin Middle and North High attendance areas of Minneapolis Public School District.

Elementary

Nellie Stone Johnson Elementary

Grades PK-5 · 0.5 mi away

Enrollment
304
Students per teacher
11.7

807 27th Ave N, Minneapolis, MN 55411

(612) 668-2930

Middle

Anwatin Middle

Grades 6-8 · 3.1 mi away

Enrollment
334
Students per teacher
11.9

256 Upton Ave S, Minneapolis, MN 55405

(612) 668-2450

High

North High

Grades 9-12 · 1.5 mi away

Enrollment
591
Students per teacher
11.2

1500 James Ave N, Minneapolis, MN 55411

(612) 668-1700

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Broker Reciprocity logo
Listed by: Keller Williams Integrity Realty
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.