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 Provided Courtesy of Edina Realty, Inc.
Property Details
Price:
$1,875,000
MLS #:
NST6824408
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
G N Merriams Add
Neighborhood:
phillipswest
Listed Date:
Dec 15, 2025
Total Sq Ft:
13,789
Lot Size:
37,897 sqft / 0.87 acres (approx)
Year Built:
1923
Phillips WestPhillipswestG N Merriams AddMinneapolis
Schools
School District:
Minneapolis
Interior
Cooling
Central Air
Flooring
Carpet, Marble, Wood
Heating
Baseboard, Steam
Levels
Three Or More
Exterior
Accessibility Features
Accessible Elevator Installed, Wheelchair Ramp(s)
Exterior Features
Stone
Fencing
Partial
Garage Spaces
4
Lot Features
Public Transit (w/in 6 blks), Tree Coverage – Light
Parking Features
Detached Garage, Asphalt, Finished Garage, Heated Garage, Paved Lot, Open
Courtesy of Edina Realty, Inc.. Disclaimer: Based on information submitted to the MLS GRID as of 08-07-2026 3:16:05 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.