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4-Unit Office Building
For Lease
$700/Mo

635 N 3rd Street, Nicollet, MN 56074

COMMERCIAL, Nicollet, MN

Space SizeContact for details
Days on Market163

Property Features for 635 N 3rd Street

General Information

Property type Commercial Lease
Property subtype Other
Elementary school district Nicollet #507
Middle school district Nicollet #507
High school district Nicollet #507
Directions Drive from US-14 W to Nicollet. Take the County Hwy 23 exit from US-14 W Continue on MN-111. Drive to Pine St
Subdivision NICOLLET/JUDSON
Standard status Active
APN 17.682.0380
Size 3,280 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Block 14 "EX W44'" Lot 1 SubdivisionCd 17682 SubdivisionName ORIGINAL PLAT
Tax Annual Amount 2503
Legal Description Block 14 "EX W44'" Lot 1 SubdivisionCd 17682 SubdivisionName ORIGINAL PLAT

Utilities

Heating system Forced Air

Building Details

Year built 1975
Listing Agency: HOME RUN REALTY
Listed By: Dar Vosburg · License #20093521
Added: Mar 23 Changed: Aug 19 Last Checked: Sep 1 at 4:06PM
MLS# 7039753

Copyright © 2026 Realtor Association of Southern Minnesota. 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 3,280-square-foot office property contains four separate, individual office units within a building constructed in 1975. The layout supports distinct suite occupancy, with additional main-floor and basement configurations also identified for leasing. Forced-air heating serves the building.

Located at 635 N 3rd Street in Nicollet, Minnesota, the property sits in the community’s downtown area. The individual suites and larger floor configurations provide multiple occupancy options within the same office asset.

Key Highlights

  • Four separate individual office units
  • 3,280 square feet of office space
  • Building constructed in 1975

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Plumbing Service Auto Parts Store Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring 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

NNN (Triple Net)
Lease Type
$0.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby

Demographics for 56074, MN

1,965
Population
729
Households
2.7
Avg Household Size
42
Median Age
23%
College-Educated
94%
High-School Grad
77.8 sq mi
ZIP Area
25
Density / Sq Mi
$91,397
Median Household Income
$43,750
Median Earnings
$858
Median Rent
$265,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Four individual office suites provide flexible space for professional or retail-oriented business use.
Where is this office units located?
The property is located at 635 N 3rd Street Nicollet, MN.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: Four separate individual office units; 3,280 square feet of office space; Building constructed in 1975
More about this property
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