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2639-2641 Nicollet Ave 14,179 SF Retail Building Minneapolis, MN 55408 $1,650,000 ($116.37/SF)

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INVESTMENT HIGHLIGHTS

  • 14,179 SF Building and 32-Space Parking Lot for Sale in Minneapolis
  • Renovated in 2017 - New Mechanicals, New Roof, New Interior and Common Areas

EXECUTIVE SUMMARY

Unique owner/user opportunity to acquire and occupy this meticulously designed 14,179 square foot retail/office building with the option to purchase a 0.24-acre parking lot featuring 32 spaces for an additional $450,000 in the Whittier area of Minneapolis. Owner will not sell the parking lot separately.
This property has excellent visibility and high traffic counts along Nicollet Avenue, situated just minutes from I-35W and I-94, and is surrounded by a vibrant and diverse mix of offices, retail establishments, fabulous dining options, and residential neighborhoods.
Prime Location: Situated in the bustling core of Minneapolis, offering easy access to key retail, dining, and entertainment venues. The building is conveniently positioned near major highways and public transportation, making it easily accessible for both employees and customers. This area is known as "Eat Street" for packing a wildly diverse array of restaurants into a few short blocks. This stretch of Nicollet will see many improvements as the city of Minneapolis redevelops and connects Lake Street by redeveloping the former Kmart site known as the New Nicollet Redevelopment Project.
Modern Amenities: Recently renovated with modern finishes, the property offers a comfortable, professional environment with upgraded HVAC systems, energy-efficient lighting, high-speed internet connectivity, and secure entry points. Shared common areas include a stylish lobby, conference rooms, and break areas.
Versatile Space: The building features a mix of retail and office space, ideal for a range of tenants—from startups to established businesses. Flexible floor plans accommodate diverse business needs, providing space configurations for both individual offices and collaborative environments.
High Visibility & Foot Traffic: Located in a densely populated area with significant pedestrian and vehicle traffic, tenants benefit from enhanced visibility and exposure to a broad customer base. The property’s storefronts are perfect for businesses looking to attract attention and grow their brand.

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
Property Subtype
Storefront Retail/Office
Building Size
14,179 SF
Building Class
C
Year Built/Renovated
1912/2017
Price
$1,650,000
Price Per SF
$116.37
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.17
Lot Size
0.15 AC
Zoning
CM2 - Community Mixed-Use District
Parking
32 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
51’ on Nicollet Ave

AMENITIES

  • Bus Line
  • Signage
  • Skylights
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Suite 100
  • 1,800 SF
  • Office/Retail
  • -
  • Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

  • Suite 120
  • 2,186 SF
  • Office/Retail
  • -
  • Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

  • Suite 140
  • 1,370 SF
  • Office/Retail
  • -
  • Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

  • Suite 200
  • 1,100 SF
  • Office/Retail
  • -
  • Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

  • Suite 220
  • 3,090 SF
  • Office/Retail
  • -
  • Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

Space Size Space Use Position Available
Suite 100 1,800 SF Office/Retail - Now
Suite 120 2,186 SF Office/Retail - Now
Suite 140 1,370 SF Office/Retail - Now
Suite 200 1,100 SF Office/Retail - Now
Suite 220 3,090 SF Office/Retail - Now

Suite 100

Size
1,800 SF
Space Use
Office/Retail
Position
-
Available
Now

Suite 120

Size
2,186 SF
Space Use
Office/Retail
Position
-
Available
Now

Suite 140

Size
1,370 SF
Space Use
Office/Retail
Position
-
Available
Now

Suite 200

Size
1,100 SF
Space Use
Office/Retail
Position
-
Available
Now

Suite 220

Size
3,090 SF
Space Use
Office/Retail
Position
-
Available
Now

Suite 100

Size 1,800 SF
Space Use Office/Retail
Position -
Available Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

Suite 120

Size 2,186 SF
Space Use Office/Retail
Position -
Available Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

Suite 140

Size 1,370 SF
Space Use Office/Retail
Position -
Available Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

Suite 200

Size 1,100 SF
Space Use Office/Retail
Position -
Available Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

Suite 220

Size 3,090 SF
Space Use Office/Retail
Position -
Available Now

This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods.

Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (97)
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

Bambu
Starbucks
Wells Fargo Home Mortgage
Pho Hoa Noodle Soup
Bank of Montreal
CrossFit
Anytime Fitness
Gyu-Kaku Japanese BBQ
Famous Dave's
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-029-24-42-0071
Land Assessment
$113,800 (2024)
Improvements Assessment
$1,366,200 (2024)
Total Assessment
$1,480,000 (2024)
  • Listing ID: 35931622

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 2639-2641 Nicollet Ave, Minneapolis, MN 55408

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