3260 Gorham AveMinneapolis, MN 55426

For Sale
$2,576,000

22,400 SF Warehouse, Multi-Tenant Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 22,400-square-foot industrial warehouse, located at 3260 Gorham Avenue in Minneapolis, Minnesota, presents a compelling investment opportunity. The Class B property sits on a 0.72-acre lot and features a single-story building with three loading docks. Ceiling heights range from 9 to 12 feet, providing ample vertical space for various storage and operational needs. The property is currently configured as a multi-tenant building, offering immediate income potential. A significant portion of the space, approximately 5,500 square feet, is currently available for an owner-occupier, allowing for a strategic combination of investment and operational use. The asking price is $2,576,000, translating to $115 per square foot. The property benefits from a convenient location off Highway 7 and Louisiana Avenue South, ensuring easy access and transportation. Each bay offers dock and/or drive-in access, and the site includes options for valuable outdoor storage. The lease type is NNN (Net, Net, Net), and the property is being offered for sale by owner. This warehouse provides a unique blend of investment potential and operational flexibility, making it an attractive proposition for discerning buyers. The Hennepin County location, with zip code 55426, adds to its desirability.

Highlights

  • 22,400 SF industrial warehouse in Minneapolis, MN.
  • Class B building on a 0.72-acre lot with three loading docks.
  • Ceiling heights range from 9-12 feet.
  • Multi-tenant building with 5,500 SF currently available for owner-occupancy.
  • Asking price: $2,576,000 ($115/SF).
  • Convenient location off Highway 7 and Louisiana Ave S, with ample outdoor storage.

Property Details for 3260 Gorham Ave

Property type
Other warehouses, Other industrial properties
Square Feet
22,400 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
31,363 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9429178
Longitude
-93.3698329
3260 Gorham Ave, Minneapolis, Minnesota

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3260 Gorham Ave
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