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5333-5337 Lakeland Ave 5,408 SF Retail Building Minneapolis, MN 55429 $1,092,528 CAD ($202.02 CAD/SF)



Investment Highlights
- Dual front entrances with separate electric and gas meters allow for multi-tenant configuration.
- Recently upgraded office interiors include heating, cooling, and modern finishes on both sides.
- Located near County Road 81 for easy highway connectivity and regional transportation networks.
- Approximately 12,000 square feet of secure, lighted outdoor storage with full fencing and gating.
- Three convenient drive-in doors and 12-foot clear height support efficient warehouse operations.
- Built with durable block construction and a flat rubber roof for long-term reliability.
Executive Summary
This 5,408 SF industrial property offers a flexible and practical solution for owner-occupiers or investors. Situated on a 0.56-acre parcel, the building is improved with dual entrances, two electric meters, and one natural gas meter, supporting multi-tenant usage. The design incorporates recently remodeled front offices on both sides, providing a professional environment with heating and air conditioning. The warehouse features three drive-in doors (two measuring 12’ W x 10’ H and one at 10’ W x 10’ H) and a 12-foot clear height, ideal for storage or light manufacturing. Additional improvements include a breakroom, floor drains, and block construction with a flat rubber roof for durability. Outside, the property boasts approximately 12,000 square feet of gated, lighted storage space, perfectly suited for equipment or vehicle storage.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,408 SF
Building Class
C
Year Built
1953
Price
$1,092,528 CAD
Price Per SF
$202.02 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.56 AC
Zoning
Industrial - Industrial zoning
Parking
25 Spaces (4.62 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-118-21-21-0006 | Improvements Assessment | $818,030 CAD |
| Land Assessment | $241,722 CAD | Total Assessment | $1,059,752 CAD |
Property Taxes
Parcel Number
09-118-21-21-0006
Land Assessment
$241,722 CAD
Improvements Assessment
$818,030 CAD
Total Assessment
$1,059,752 CAD
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5333-5337 Lakeland Ave
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