$ 1,750,000
-
$1,750,000
Price -
13,789
SqFt -
0.87
Acre
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About the Listing 8107 - 505008330
Embrace this rare opportunity to own a distinguished Park Avenue Georgian Revival mansion located along the iconic “Golden Mile” in Minneapolis. Encompassing more than 13,000 square feet, the property at 2318 Park Avenue is zoned BFI3/RM3 and is situated within the vibrant Phillips West neighborhood, approximately 1.5 miles from the Minneapolis central business district. The property also lies within a designated Minnesota Opportunity Zone, offering potential tax advantages for qualified investors. Currently utilized as office space for a nonprofit organization, the building offers exceptional flexibility with 34 private offices of varying sizes and numerous stately common and collaboration areas well suited for professional, institutional, or adaptive reuse purposes. All four finished floors are accessible via elevator, providing seamless vertical circulation throughout the building. The grand main entrance makes a lasting impression, featuring black-and-white marble flooring and an elegant spiral staircase that underscores the property’s historic character and architectural significance. Situated on a fenced 0.87-acre parcel, the grounds include lush, irrigated lawns, two patio areas ideal for outdoor gatherings, and 29 surface parking spaces. A detached, heated four-car garage with an integrated workshop further enhances the property’s functionality, making this an exceptional offering for an owner-user or investor seeking a landmark asset with proximity to downtown Minneapolis.
Listing Highlights
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Baseboard,Steam,Natural Gas
- Fireplaces:
- Floor:
- Basement: Egress Window(s),Finished,Full
- Other: Hardwood Floors,Multiple Phone Lines,In-Ground Sprinkler
- Water: City Water/Connected
Exterior Details
- Lot Description: Public Transit (w/in 6 blks),Tree Coverage - Light,Partial
- Garage Capacity: 4 car
- Lot Dimensions: 146x258
- Zoning: Business/Commercial
- Roof: Age Over 8 Years,Flat
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Detached Garage,Asphalt,Finished Garage,Heated Garage,Paved Lot,Open
Financial Details
- Tax Amount: $52,761
- Taxes w/Assessments: N/A
- Tax/Property ID: 3502924220017
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2318 Park Ave Minneapolis, MN 55404
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