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5201 Lakeland Ave N
Minneapolis, MN 55429
5201 & 5205 Lakeland Avenue N · Industrial Property For Sale


INVESTMENT HIGHLIGHTS
- Two oversized garage doors (one dedicated to each unit)
- Functional layout ideal for owner-users
- One unit includes a 23’ x 38’ mezzanine for additional storage or workspace
- Approximately 25% office space / 75% industrial space
- Air Conditioning Unit in one of the bays recently replaced
- New Roof 2019 | New drive-in doors | New Furnaces in both bays
EXECUTIVE SUMMARY
Property Description: Versatile industrial property offering a total of 5,753 SF, comprised of two 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.
Location Description: Well-located industrial property in the northwest Twin Cities with convenient access to Highway 169, I-94, and I-694. Centrally positioned for easy connectivity to Minneapolis, St. Paul, and surrounding metro areas. Situated in an established industrial corridor with nearby manufacturing, distribution, and service businesses, making it ideal for a variety of industrial uses.
Location Description: Well-located industrial property in the northwest Twin Cities with convenient access to Highway 169, I-94, and I-694. Centrally positioned for easy connectivity to Minneapolis, St. Paul, and surrounding metro areas. Situated in an established industrial corridor with nearby manufacturing, distribution, and service businesses, making it ideal for a variety of industrial uses.
PROPERTY FACTS
AMENITIES
- Mezzanine
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 09-118-21-21-0009 | Improvements Assessment | $678,986 CAD |
| Land Assessment | $179,119 CAD | Total Assessment | $858,105 CAD |
PROPERTY TAXES
Parcel Number
09-118-21-21-0009
Land Assessment
$179,119 CAD
Improvements Assessment
$678,986 CAD
Total Assessment
$858,105 CAD
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