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5417 Nicollet Avenue, Minneapolis, MN 55419

Commercial Sale, Minneapolis, MN

Property Size800 SF
Lot Size0.70 Acres
Days on Market4

Property Features for 5417 Nicollet Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot
Exterior features Brick/Stone
Subdivision Clarkes Nicollet Ave Sub
High school district Minneapolis
Directions LOT 007 A CLARKES NICOLLET AVE SUBD LOT 7 AND THAT PART OF LOT 6 LYING E OF W 100 FT THOF ALSO THAT PART OF LOT 8 LYING NLY OF A LINE RUNNING FROM A PT ON W LINE OF LOT 8 DIST T 150.90 X 157.00
Standard status Active
APN 2202824120145
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 77438

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

open floor plan
sink
shared bathrooms

Building Details

Year built 1922
Listing Agency: National Realty Guild
Listed By: Aide Salgado Diaz
Added: Sep 7 Changed: Sep 8 Last Checked: Sep 10 at 9:06AM
MLS# 7138974

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront retail property includes 400 square feet of window-front space and an unfinished basement, bringing the total area to 800 square feet. The unit offers an open floor plan and an interior sink, while bathrooms are shared with the neighboring tenant. Brick and stone exterior construction, forced-air heating, and central air conditioning serve the building. Constructed in 1922, the property also includes a shared parking lot.

The space is located on Nicollet Avenue in Minneapolis’ Tangletown neighborhood, near 35th Street West and public transportation options. A gym and restaurants, including Wise Acre and St Paul Bagelry, are located next door. Showings require 24 hours’ advance notice and depend on the current tenant’s customer activity.

Key Highlights

  • 800 total square feet, including 400 square feet of window‑front space
  • Unfinished basement provides additional area
  • Open floor plan with sink inside the unit

Property Analytics

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Current Use

Hwa Rang Do ... Training Center taejunsa Training Center

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Accounting Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Dining 23% Home Improvements & Furnishings 11%
Holiday Station Store Shops & Services
22,372 visits/mo 0.1 miles
Starbucks Dining
9,433 visits/mo 0.5 miles
Diamond Lake Hardware Home Improvements & Furnishings
4,282 visits/mo 0.1 miles
AutoZone Shops & Services
3,649 visits/mo 0.5 miles
Caliber Collision Shops & Services
770 visits/mo 0.5 miles

Demographics for 55419, MN

27,919
Population
12,119
Households
2.3
Avg Household Size
39
Median Age
72%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
6,647
Density / Sq Mi
$143,254
Median Household Income
$77,467
Median Earnings
$1,476
Median Rent
$479,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
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Similar Off Market Nearby

  • Cub Foods Floral 5937 Nicollet Ave, Minneapolis, MN 55419

Frequently Asked Questions

What type of property is this?
Storefront property - Open commercial unit with window frontage, shared parking, and convenient access to Nicollet Avenue and public transportation.
Where is this storefront property located?
The property is located at 5417 Nicollet Avenue Minneapolis, MN.
What are key features of this property?
This property features: 800 total square feet, including 400 square feet of window‑front space; Unfinished basement provides additional area; Open floor plan with sink inside the unit
More about this property
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