5201 & 5205 Lakeland Avenue North, Minneapolis, MN for sale

Investment Overview

Versatile industrial property offering a total of 5,000 SF, comprised of two 2,500 SF units with a functional mix of warehouse and office space. One unit features a 23’ x 38’ mezzanine, providing additional usable square footage for storage or office use. Both units are equipped with oversized drive-in garage doors and separate service doors, allowing for efficient access and flexible operations. The building has seen significant capital improvements, including a new roof (2019), new front entrance door, two new over-head garage door openers, new drive-in doors, new furnaces in both industrial bays, new LED lighting throughout the industrial space, and a recently updated water heater. Additional features include 3-phase power and new air conditioning in one of the bays. Ideal for owner-users seeking a well-maintained, well-designed industrial building with adaptable space for a variety of business uses.

Investment Highlights

• Two oversized garage doors (one dedicated to each unit)
• Approximately 25% office space / 75% industrial space
• Functional layout ideal for owner-users
• Convenient location with quick access to major highways
• One unit includes a 23’ x 38’ mezzanine for additional storage or workspace
• New Roof 2019 | New drive-in doors | New Furnaces in both bays
• Air Conditioning Unit in one of the bays recently replaced