Sell My Warehouse in Minneapolis, MN

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Didenko Capital buys warehouses, IOS yards, and light-industrial and flex buildings in the Minneapolis-St. Paul area. We buy warehouses in all states, including Minnesota and the Minneapolis-St. Paul area.

✓ Cash offer
✓ Sell as-is — no repairs needed
✓ No commission to us
✓ No listing

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Selling in Minneapolis comes with local rules. This page walks a Minneapolis seller through the City’s production and transportation districts, market numbers for the Minneapolis-St. Paul area by submarket, rail and air cargo links, and the Minnesota steps for value appeals, sale paperwork, wells and brownfields.

Minneapolis Warehouses, IOS Yards, and Flex Buildings

We buy truck yards, trailer yards, container yards, and other industrial outdoor storage (IOS) sites in the Minneapolis-St. Paul area. We buy manufacturing buildings and industrial land in the Minneapolis-St. Paul area.

We buy buildings that are leased to tenants, owner-occupied, or vacant. Condition does not rule a property out. Want to stay in the building after you sell? Ask us about a sale-leaseback.

Cushman & Wakefield’s Q3 2026 report on the Minneapolis industrial market quotes weighted net asking rents separately for the office and warehouse components of an availability: $12.13 per sq ft per year for the office part, $7.30 for the warehouse/distribution part and $8.81 overall. Through the third quarter, developers completed nearly 2.0 million sq ft, including 798,000 sq ft of speculative space that was fully leased, and the report says options for modern, high-clear space remain limited. Tenants signed 13 leases larger than 100,000 sq ft through Q3, and average deal size rose 25.5% even as the number of deals fell 5.2%.

Minneapolis Industrial Market Facts

Industrial Zoning in the City of Minneapolis

Minneapolis has had a new zoning code since July 1, 2023. The City’s Land Use Handbook sorts its 15 primary zoning districts into 6 categories, two of them Production and Transportation. In the handbook’s words, the production districts exist mainly to create opportunities for employment-focused development, and they accommodate more uses of an industrial nature than other zoning districts.

The three districts an industrial owner meets most: PR1 Production Mixed-Use takes production, commercial, and warehousing and storage uses, and allows residential uses only as part of mixed-use buildings that provide production space. PR2 Production and Processing protects production uses from encroaching non-production uses, and residential uses are not allowed. TR1 Transportation is an industrial district with a limited number of uses that mainly support the movement of industrial and commercial goods and people.

District	Warehousing and storage (incl. truck trailer storage)	Contractor’s yard	Vehicle storage	Industrial transportation services (incl. intermodal container facilities)
PR1 Production Mixed-Use	Permitted	Conditional use	Not listed	Not listed
PR2 Production and Processing	Permitted	Permitted	Conditional use	Conditional use
TR1 Transportation	Not listed	Not listed	Conditional use	Conditional use

The handbook says truck trailer storage, where the motorized cab is often not attached, is classified as a warehousing and storage use.
Vehicle storage means parking vehicles on a longer-term basis than a parking facility, indoors or outdoors, and it may serve commercial vehicles.
Industrial transportation services cover the movement and transfer of freight by trains or large-scale trucks; the handbook’s examples include intermodal containerized freight facilities and motor freight terminals.
Under the current zoning code, any use not listed as permitted or conditional in a district is prohibited there, as is a use the zoning administrator finds does not fit an allowed use category and is not substantially similar to a listed use.
The current code allows outdoor storage only in the PR2 District and where the code authorizes it for specific uses. Storage areas are capped at 50 percent of the lot area or 100,000 sq ft, whichever is less, and outdoor areas where vehicles or vehicle trailers are stored count toward the maximum 100 vehicle parking spaces required by section 555.210. Storage areas must be at least 100 feet from an urban neighborhood or residential mixed-use district boundary or from an adjacent ground floor residential use.

Sources: City of Minneapolis, Land Use Handbook, last updated 3/27/26 (18-page PDF); City of Minneapolis, Code of Ordinances (Municode), Title 20 Zoning Code, Chapter 550 Development Standards, online code, version Sep 11, 2026 (current); City of Minneapolis, Code of Ordinances (Municode), Title 20 Zoning Code, Chapter 545 Use Regulations, online code, version Sep 11, 2026 (current).

A summary, not legal advice: the Zoning Code itself governs.

Overlays can change what a base district allows, so check your exact property.

Minneapolis-St. Paul Industrial Market: Q3 2026

In its Q3 2026 MarketBeat, Cushman & Wakefield puts the Minneapolis industrial market at:

Inventory: 361,622,608 sq ft across four submarkets.
Vacancy: 4.9% overall, steady on the quarter but 40 bps higher year over year. Sublease vacancy rose 30.7% from the prior quarter to nearly 2.0 million sq ft, while direct vacancy declined 2.3%.
Net absorption: 444,654 sq ft in the quarter and 773,834 sq ft year to date.
New leasing: approximately 3.2 million sq ft in Q3, the strongest quarter since Q4 2024, and 8.2 million sq ft year to date, 19.1% above 2025.
Under construction: 6,827,430 sq ft; completions so far this year total 1,956,060 sq ft.

These are one firm’s figures for one quarter.

Newer quarters and other reports may differ.

Minneapolis Industrial Submarkets

The report divides the market into four submarkets, shown here from largest to smallest inventory:

Submarket	Inventory (sq ft)	Overall vacancy	Net absorption, year to date (sq ft)
Northeast	121,146,550	3.6%	217,696
Northwest	90,414,817	4.4%	27,167
Southwest	76,589,260	6.7%	58,291
Southeast	73,471,981	5.8%	470,680

Q3 leasing was led by the Southeast submarket, with approximately 1.0 million sq ft of new deals as occupiers kept favoring Eagan and Lakeville.

Source: Cushman & Wakefield, MarketBeat Minneapolis Industrial, Q3 2026 (3-page PDF).

Rail, Highway and Air Cargo Links

Rail intermodal: the Minnesota State Freight Plan 2024 lists four intermodal rail terminals that Minnesota businesses can use: the BNSF Midway Yard in the St. Paul Midway neighborhood, the CPKC Shoreham Yard in northeast Minneapolis, the Union Pacific Twin Cities Intermodal Terminal, and the CN Intermodal Ramp at the Port of Duluth. The plan notes the Union Pacific facility first opened as a pop-up ramp facility in 2021.
Air cargo: the same plan says Minneapolis-St. Paul International Airport (MSP) handled approximately 95% of all Minnesota air cargo, and its air cargo facilities cover around 523,000 square feet.
Landed weight: MSP sat 40th among U.S. airports in the Federal Aviation Administration’s final calendar year 2025 all-cargo table, with 671,098,980 lbs, 17.08% less than in 2024.

Sources: Minnesota Department of Transportation (MnDOT), Minnesota State Freight Plan 2024, adopted November 2024 (PDF); Federal Aviation Administration, Final Calendar Year 2025 All-Cargo Landed Weight, MSP row, table dated 9/22/2026.

How It Works

Tell us about your property. Fill out the short form: the address, the condition, and when you want to sell.
We look at it. We review the details and look at the property.
You get a cash offer.
You decide. Say yes and we sign a purchase agreement. Say no and you owe nothing.

There is no commission to us and no fee to us. Asking for an offer is free, and you are not committed to anything unless you sign a purchase agreement.

Selling a Warehouse in Minneapolis: Frequently Asked Questions

Who buys warehouses directly from owners in Minneapolis?

Direct buyers such as Didenko Capital. Didenko Capital buys warehouses, IOS yards, and light-industrial and flex buildings in the Minneapolis-St. Paul area.

Which Minneapolis districts allow a contractor’s yard, truck trailer storage or a container yard?

It depends on the zoning district. In the City’s Land Use Handbook, a contractor’s yard is permitted in PR2 and a conditional use in PR1. Truck trailer storage is classified as warehousing and storage, which is permitted in both PR1 and PR2, but the current code allows outdoor storage only in the PR2 District and where the code authorizes it for specific uses, and outdoor areas where vehicles or vehicle trailers are stored count toward the maximum 100 vehicle parking spaces required by section 555.210. Vehicle storage, which may serve commercial vehicles, is a conditional use in PR2 and TR1. The handbook has no separate row for container yards; the closest listed use is industrial transportation services, whose examples include intermodal containerized freight facilities and motor freight terminals, and it is a conditional use in PR2 and TR1. Ask your attorney before counting on a use.

How do I look up a Minneapolis property’s zoning?

The City’s Land Use Handbook points to an interactive City of Minneapolis zoning map on the City’s website. It calls itself no substitute for the actual regulations in Title 20 of the Minneapolis Code of Ordinances, and says it is still important to connect with a planner from the City’s Department of Community Planning & Economic Development.

How do I appeal my property’s assessed value in Minneapolis?

The City of Minneapolis says to contact the assessor named on your valuation notice first. If you and the assessor do not come to an agreement, you can present a case before the Local Board of Appeal and Equalization (LBAE), which can lower the value, keep it the same, or raise it. For the 2026 cycle, April 3, 2026 was the last day to request an informal review, and the Local Board met on April 14, 2026. If you disagree with the Local Board, the City says you can appear before the Hennepin County Board of Appeal and Equalization or appeal to Minnesota Tax Court, and you have until April 30 of the year in which taxes are payable to appeal.

What paperwork comes with selling a Minnesota property?

The Minnesota Department of Revenue says an Electronic Certificate of Real Estate Value (eCRV) must be filed when Minnesota real property is sold or transferred for consideration of more than $3,000, and that the Department and the county of sale review it to verify sale terms and to ensure fair property tax assessments. Minnesota counties collect Deed Tax when an instrument conveying Minnesota real property is presented for recording. Before signing an agreement to sell, the seller must disclose in writing to the buyer the status and location of all known wells on the property, and the Minnesota Department of Health says this covers wells used for commercial or industrial processing too. A seller who knew or had reason to know of a well but failed to disclose it is liable to the buyer for reasonable attorney fees and the costs of sealing it, and the buyer has six years after the purchase to bring action.

What about environmental history on an older Minnesota site?

Environmental history is part of how we price a property, not an automatic no. The Minnesota Pollution Control Agency (MPCA) runs a Brownfield Program made up of the Petroleum Brownfield Program, for petroleum contamination, and the Voluntary Investigation and Cleanup (VIC) Program, for hazardous substance contamination. Voluntary parties can seek documentation from the MPCA showing that they will not be held responsible under state statute for contamination identified at a property, or confirming that it does not pose a risk to human health or the environment based on the current or proposed property use. In its February 2025 fact sheet the MPCA bills applicants for staff time at $150 per hour. Ask an environmental attorney or consultant about your site.

Is it a cash offer?

Yes. We make cash offers.

Is there any obligation if I ask for an offer?

No. Asking for an offer is free, and you are not committed to anything unless you sign a purchase agreement.

Get a Cash Offer for Your Minneapolis Warehouse

We buy in all states, as-is, with a cash offer and no commission to us. Tell us about your warehouse and get a cash offer.