2318 Park Avenue, Minneapolis, Minnesota 55404

MN, Minneapolis
$1,875,000
  • Commercial Sale Property Type
  • 1923 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6824408
  • Price: $1,875,000
  • Year Built: 1923
  • Listing Status: Active
  • Office Name: Edina Realty, Inc.
  • Roof: Flat,Age Over 8 Years
Features
  • Swimming Pool None
  • Heating System Steam,Baseboard
  • Cooling System Central Air
  • Basement Full,Finished,Egress Window(s)
  • Fence Partial
  • Parking Detached Garage,Asphalt,Open,Heated Garage,Finished Garage,Paved Lot
  • Utilities Heating Common,Electric Common,Hot Water Common
  • Window Features Double Pane Windows,Insulated Windows
  • Exterior Features Stone
  • Flooring Carpet,Wood,Marble
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55404
  • Street: Park
  • Street Number: 2318
  • Street Suffix: Avenue
  • Longitude: W94° 44' 3.1''
  • Latitude: N44° 57' 34.1''
  • Directions: Franklin to Park Avenue, South to property - park in lot on property.
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Edina Realty, Inc.
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Accessible Elevator Installed,Wheelchair Ramp(s)
  • Building Size: 13789
  • Current Use: Office
  • Foundation Details: Block
  • Garage: 4
  • Levels: Three Or More
  • Lot Features: Tree Coverage - Light,Public Transit (w/in 6 blks)
  • Lot Size Dimensions: 146x258
  • Number Of Units Total: 1
  • Possible Use: Office,Other
Financial
  • Tax Annual Amount: 52761
Listing Information
  • List Agent Mls Id: 505008330
  • List Office Mls Id: 8107
  • Modification Timestamp: 2026-06-05T14:42:06Z
  • Originating System Name: NorthStar
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