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8201 Hickory Street NE, Minneapolis, MN 55432

$9,990,000

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Property Type: Commercial Lot Size (sq. ft.): 260,924 Status: Active

Current Price: $9,990,000 List Date: 5/22/2026 Last Modified: 5/29/2026

Overview

Description

* 100% Occupied Investment Opportunity NNN ( 3 Tenants) Selling: The Real Estate (5.99 Acres | 32,178 SF Fully Refrigerated Facility) Cross-Dock Refrigerated Truck Terminal Strategically positioned in the heart of Fridley’s industrial corridor, this state-of-the-art cross-dock refrigerated warehouse presents a rare opportunity to acquire a fully equipped truck terminal with exceptional infrastructure and access. Located approximately 30 minutes from Minneapolis–St. Paul International Airport and with immediate connectivity to Interstate 694, the property offers efficient regional and national distribution access. Originally constructed between 1991–1995, with a major remodel and high-bay addition completed in 1999, the facility has been continuously improved to support modern logistics and refrigerated operations. The building totals 32,178 square feet, comprised of: • 3,870 SF of office space • 14,880 SF low-bay cooler area- Refrigerated • 13,428 SF high-bay warehou ... (Read more) * 100% Occupied Investment Opportunity NNN ( 3 Tenants) Selling: The Real Estate (5.99 Acres | 32,178 SF Fully Refrigerated Facility) Cross-Dock Refrigerated Truck Terminal Strategically positioned in the heart of Fridley’s industrial corridor, this state-of-the-art cross-dock refrigerated warehouse presents a rare opportunity to acquire a fully equipped truck terminal with exceptional infrastructure and access. Located approximately 30 minutes from Minneapolis–St. Paul International Airport and with immediate connectivity to Interstate 694, the property offers efficient regional and national distribution access. Originally constructed between 1991–1995, with a major remodel and high-bay addition completed in 1999, the facility has been continuously improved to support modern logistics and refrigerated operations. The building totals 32,178 square feet, comprised of: • 3,870 SF of office space • 14,880 SF low-bay cooler area- Refrigerated • 13,428 SF high-bay warehouse space- Refrigerated Situated on 5.99 acres (260,924 SF) and zoned M-3 Heavy Industrial, the property provides excellent functionality for transportation, distribution, and cross-dock users. Loading & Warehouse Features: • 32 loading docks • 1 drive-in door • All docks equipped with bumpers, levelers, and seals • Clear heights: 13’6” (low bay) and 24’6” (high bay) • Trailer storage available on site Recent Capital Improvements: • Full remodel of first-floor office spaces, including updated kitchen and two bathrooms • One additional restroom added on the first floor • Added 10–12 semi-truck parking stalls • Added 20 small vehicle parking spaces • Constructed a full office and private restroom for tenants. • Exterior office building freshly painted Positioned within a well-established industrial park and surrounded by hotels, restaurants, and retail amenities, this asset offers both operational efficiency and long-term investment stability.

Listing Details MLS# 7079280

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 75
Waterfront Present: No
Year Built: 1991
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 30000
Garage Stalls: 33
For Sale or Lease: For Sale
Acres: 5.99
Lot Dimensions: 597x437x595x437
Assessment Pending: No

Property Features

Accessible: Doors 36"+ Air Conditioning: Central Air Appliances: Cooktop; Dishwasher; Freezer; Microwave; Range; Refrigerator CMU Style: Business Opportunity; Industrial; Mixed Use; Other; Truck Terminal; Warehouse Construction Materials: Block; Concrete; Frame; Stone Construction Status: Previously Owned Current Use: Industrial; Office; Warehouse Exterior: Aluminum Siding; Brick/Stone; Metal Flooring: Concrete Slab; Floor Drains; Heavy Duty Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; Satellite Location Description: Industrial Park Miscellaneous Information: 2+ Lavatories; 220 Volt; 440 Volt; Alarms; Building Sign; Delivery Door; Exterior Lighting; Loading Dock On Site Utilities: Electric Common; Heating Common; Hot Water Common Overhead Door Clearance: 21+ Feet Parking Characteristics: Multiple Garages; Parking Lot; Carport; Paved Lot Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Metal Sewer: City Sewer/Connected Wall Description: Concrete/Block; Drywall; Finished; Insulated; Metal Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 9990000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 8201
Street Name: Hickory
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Anoka
State: MN
Zip Code: 55432
Complex/Dev/Subdivision: Mar-Len Add

Assessments

Tax With Assessments: 88912
Assessment Balance: 0

Building Information

Building Finished SqFt: 32178
Building SqFt: 32178

More Information

Income and Expenses

Annual Gross Income: 571200

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
220 Volt: Yes
440 Volt: Yes
Alarms: Yes
Building Sign: Yes
Delivery Door: Yes
Exterior Lighting: Yes
Loading Dock: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Door Height: 24
Garage Door Width: 9
Garage Square Feet: 28308
Multiple Garages: Yes
Parking Lot: Yes
Carport: Yes
Paved Lot: Yes

Public Survey Info

Range#: 24
Section#: 03
Township#: 30

Sale Options

Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Rental License

Unit Details

Total Units: Yes

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 1 BLOCK 1 MAR-LEN ADDITION
Listing City: Fridley
Map Page: 78
Municipality: Fridley
School District: Anoka-Hennepin
School District Phone: 763-506-1000
Zip Plus 4: 1000
Property ID Number: 033024140009
Tax Year: 2025
Tax Amount: 88912
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: * 100% Occupied Investment Opportunity NNN ( 3 Tenants) Selling: The Real Estate (5.99 Acres | 32,178 SF Fully Refrigerated Facility) Cross-Dock Refrigerated Truck Terminal Strategically positioned in the heart of Fridley’s industrial corridor, this state-of-the-art cross-dock refrigerated warehouse presents a rare opportunity to acquire a fully equipped truck terminal with exceptional infrastructure and access. Located approximately 30 minutes from Minneapolis–St. Paul International Airport and with immediate connectivity to Interstate 694, the property offers efficient regional and national distribution access. Originally constructed between 1991–1995, with a major remodel and high-bay addition completed in 1999, the facility has been continuously improved to support modern logistics and refrigerated operations. The building totals 32,178 square feet, comprised of: • 3,870 SF of office space • 14,880 SF low-bay cooler area- Refrigerated • 13,428 SF high-bay warehouse space- Refrigerated Situated on 5.99 acres (260,924 SF) and zoned M-3 Heavy Industrial, the property provides excellent functionality for transportation, distribution, and cross-dock users. Loading & Warehouse Features: • 32 loading docks • 1 drive-in door • All docks equipped with bumpers, levelers, and seals • Clear heights: 13’6” (low bay) and 24’6” (high bay) • Trailer storage available on site Recent Capital Improvements: • Full remodel of first-floor office spaces, including updated kitchen and two bathrooms • One additional restroom added on the first floor • Added 10–12 semi-truck parking stalls • Added 20 small vehicle parking spaces • Constructed a full office and private restroom for tenants. • Exterior office building freshly painted Positioned within a well-established industrial park and surrounded by hotels, restaurants, and retail amenities, this asset offers both operational efficiency and long-term investment stability.
Directions: North on Highway 47 North, to 81st Ave Ne West, to Hickory St NE North to property on right hand side.

Accessible

Doors 36"+: Yes

Air Conditioning

Central Air: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes
Stone: Yes

Construction Status

Previously Owned: Yes

Exterior

Aluminum Siding: Yes
Brick/Stone: Yes
Metal: Yes

Flooring

Concrete Slab: Yes
Floor Drains: Yes
Heavy Duty: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes
Satellite: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Flat: Yes
Metal: Yes

Sewer

City Sewer/Connected: Yes

Wall Description

Concrete/Block: Yes
Drywall: Yes
Finished: Yes
Insulated: Yes
Metal: Yes

Water

City Water/Connected: Yes

On Site Utilities

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

CMU Style

Business Opportunity: Yes
Industrial: Yes
Mixed Use: Yes
Other: Yes
Truck Terminal: Yes
Warehouse: Yes

Current Use

Industrial: Yes
Office: Yes
Warehouse: Yes

Location Description

Industrial Park: Yes

Overhead Door Clearance

21+ Feet: Yes

Documents

FLYER3.pdf ›

Listing Office: Counselor Realty, Inc.

Last Updated: May - 29 - 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.