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Mixed-Use Zoning | Historic Credit Upside 22 N 5th St 25,272 SF Retail Building Minneapolis, MN 55403 For Sale
Investment Highlights
- 25,272-square-foot retail/office asset at 22 N 5th Street, combining scale, flexibility, and rare downtown repositioning upside.
- Zoned B4S-2, the property supports a wide range of uses, offering investors flexibility and long-term optionality for mixed-use repositioning.
- Built in 1908, the property features historic brick-and-timber construction, high ceilings, and large floor plates suited for modern adaptive reuse.
- Located in Minneapolis’ CBD and Warehouse Historic District near Target Field and First Avenue, benefiting from strong traffic and visibility.
- Situated across from the Warehouse District / Hennepin Avenue Light Rail stop (Blue/Green Lines), offering direct transit access.
- Eligible for historic tax credits, creating a compelling basis for renovation while preserving character and enhancing investment returns.
Data Room Click Here to Access
- Offering Memorandum
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
25,272 SF
Building Class
C
Year Built
1908
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.48
Lot Size
0.39 AC
Zoning
B4S-2 - Downtown Mixed-use District
Frontage
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Pylon Sign
- Signage
- Signalized Intersection
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $898,400 | |
| Land Assessment | $721,600 | Total Assessment | $1,620,000 |
Property Taxes
Parcel Numbers
Land Assessment
$721,600
Improvements Assessment
$898,400
Total Assessment
$1,620,000
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