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22 N 5th St 25,272 SF Retail Building Minneapolis, MN 55403 $1,750,000 ($69.25/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Warehouse District location near Target Field and First Avenue
  • Steps from light rail, bus lines, and commuter rail access
  • Strong urban demographics with over 473,000 residents nearby
  • Eligible for historic tax credits to support renovation
  • Surrounded by top-tier dining, retail, and entertainment

EXECUTIVE SUMMARY

Positioned in the heart of Minneapolis’ vibrant Warehouse District, 22 N 5th Street presents a rare opportunity to acquire a historic 3-story office/retail building with exceptional character and connectivity. Built in 1908 and encompassing 25,272 square feet, this asset blends timeless architecture with modern urban energy.
The property is zoned B4S-2, allowing for a wide range of commercial uses, and offers the potential to leverage historic tax credits for renovation or repositioning. Located steps from the Warehouse District/Hennepin Avenue light rail station, it benefits from seamless access to the Blue and Green Lines, major bus routes, and commuter rail. On-street and nearby metered parking further enhance accessibility for tenants and visitors alike.
Surrounded by a dynamic mix of entertainment venues, restaurants, and cultural landmarks—including Target Field, First Avenue, and the Pantages Theatre—the building sits at the epicenter of Minneapolis’ arts and nightlife scene. With over 473,000 residents and 390,000 employees within a 5-mile radius, the area boasts a dense, high-demand urban demographic. The building’s proximity to Whole Foods, Embassy Suites, and the Minneapolis Central Library adds to its appeal for both retail and office users.
This is a compelling opportunity to own a piece of Minneapolis history while capitalizing on the city’s continued downtown revitalization.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Building Size
25,272 SF
Building Class
C
Year Built
1908
Price
$1,750,000
Price Per SF
$69.25
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.48
Lot Size
0.39 AC
Zoning
B4S-2 - Downtown Mixed-use District
Frontage
40’ on 5th

AMENITIES

  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
barre3
Orangetheory Fitness
Dunn Brothers Coffee
Whole Foods Market
Bank of America
Starbucks
Caribou Coffee
Ymca
[solidcore]

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-029-24-43-0105
  • 22-029-24-43-0104
Land Assessment
$1,400,700 (2024)
Improvements Assessment
$399,300 (2024)
Total Assessment
$1,800,000 (2024)
  • Listing ID: 37510131

  • Date on Market: 9/2/2025

  • Last Updated:

  • Address: 22 N 5th St, Minneapolis, MN 55403

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