2318 Park Avenue Minneapolis, MN 55404
For Sale MLS# 6824408
12,953 sq ft Commercial
Listed by: Edina Realty, Inc.
Details for 2318 Park Avenue
MLS# 6824408
Description for 2318 Park Avenue, Minneapolis, MN, 55404
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 Information
Property Type: Commercial, Office
Status: Active
Lot Size: 0.87 Acres
Square Feet: 12,953 sq ft
Year Built: 1923
Foundation: 3,922 sq ft
Garage: Yes
Stories: Three Or More
Subdivision: G N Merriams Add
Number Of Units Total: 1
Current Use: Office
County: Hennepin
Days On Market: 16
Construction Status: Previously Owned
School Information
District: Minneapolis
Interior Features
Flooring: Carpet,Marble,Wood
Basement: Finished (Livable), Full, Egress Windows
Doors/Windows: Double Pane Windows, Insulated Windows
Accessibility: Elevator, Wheelchair Ramp
Additional Interior Features: Hardwood Floors, Multiple Phone Lines
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Central
Heating: Baseboard, Steam, Natural Gas
Exterior / Lot Features
Garage Spaces: 4
Open Parking: 29
Parking Description: Uncovered/Open, Finished Garage, Paved Lot, Detached Garage, Driveway - Asphalt, Heated Garage, Garage Dimensions - 24x50
Exterior: Brick/Stone
Roof: Flat, Age Over 8 Years
Lot Dimensions: 146x258
Zoning: Business/Commercial
Topography: Level
Fencing: Partial
Additional Exterior/Lot Features: In-Ground Sprinkler, Tree Coverage - Light, Public Transit (w/in 6 blks), Land Inclusions - Building,Land, Road Frontage - City, Street Lights, Sidewalks
Driving Directions
Franklin to Park Avenue, South to property - park in lot on property.
Financial Considerations
Other Annual Tax: $25,232
Tax/Property ID: 3502924220017
Tax Amount: 52761
Tax Year: 2025
HomeStead Description: Non-Homesteaded
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2318 Park Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2318 Park Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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