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1016 N 5th Street, Minneapolis, MN 55411

$11

Property Type: Commercial Lot Size (sq. ft.): 26,572 Status: Active

Current Price: $11 List Date: 11/22/2025 Last Modified: 5/27/2026

Overview

Description

Set in the North Loop, this property consists of a 10,450 warehouse building, which includes some office and warehouse space and a parking lot. The warehouse has 12 to 14 foot ceilings throughout and a 14-ft drive-in garage door. The warehouse currently has about 3,500 sq ft leased through April 2026, which may or may not be added in the available 7,000 sq ft.The North Loop has experienced a tremendous amount of development in recent years. The LRT Blue Line expansion is slated to be a half block away. Agent is Owner.

Listing Details MLS# 6821035

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 20
Owner Occupied: No
Waterfront Present: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 10450
Garage Stalls: 2
For Sale or Lease: For Lease
Acres: 0.61
Lot Dimensions: 168X159
Assessment Pending: Unknown

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Common Garden; Concrete Floors & Walls; Patio CMU Style: Office; Warehouse Construction Status: Previously Owned Current Use: Business Service; Office; Storage Facility; Warehouse Exterior: Block Foundation: Slab Fuel: Natural Gas Heating: Forced Air Lease Details: Triple Net On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Original List Price: 11
Contingency: None
ListPrice: 11
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 1016
Street Direction Prefix: N
Street Name: 5th
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55411
Complex/Dev/Subdivision: Gerald Add

Additional Parcels Information

Property ID #2: 2202924220023
Property ID #3: 2202924220024,2202924220124

Assessments

Tax With Assessments: 46605
Assessment Balance: 0

More Information

Basement

Foundation Dimensions: 143X85

Building Information

Building Finished SqFt: 10450
Building SqFt: 10450

Lease Details

Land Leased: Not Applicable
Lease Amount Type: Square Foot
Triple Net: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 22
Township#: 29

Sale Options

Sale Includes: Building, Land

Unit Details

Total Units: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 002 BLOCK 001 GERALD ADDN
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 4302
Property ID Number: 2202924220125
Tax Year: 2025
Tax Amount: 46605
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Set in the North Loop, this property consists of a 10,450 warehouse building, which includes some office and warehouse space and a parking lot. The warehouse has 12 to 14 foot ceilings throughout and a 14-ft drive-in garage door. The warehouse currently has about 3,500 sq ft leased through April 2026, which may or may not be added in the available 7,000 sq ft.The North Loop has experienced a tremendous amount of development in recent years. The LRT Blue Line expansion is slated to be a half block away. Agent is Owner.
Directions: Lookup on Google Maps or Waze on how to get there.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Common Garden: Yes
Concrete Floors & Walls: Yes
Patio: Yes

Construction Status

Previously Owned: Yes

Exterior

Block: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Parking Lot: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Common: Yes

CMU Style

Office: Yes
Warehouse: Yes

Current Use

Business Service: Yes
Office: Yes
Storage Facility: Yes
Warehouse: Yes

Listing Office: Manarola LLC

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.