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Flex Space with Drive-In Door
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1016 N 5th Street, Minneapolis, MN 55411

Mixed office and warehouse improvements with on-site parking and Business/Commercial zoning.

Property Size10,450 SF
Price / SF$0.00
Days on Market262

Property Features for 1016 N 5th Street

General Information

Standard status Active
Size 10,450 SF
Property subtype Commercial
Zoning Business/Commercial
Lease Type NNN

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 1

Taxes and HOA fees

Annual Taxes $46,605

Building Details

Building Size 10,450 SF
Year Built 1980
Buildings 1
Units 1
Listing Agency: Manarola LLC
Listed By: Alex J Eaton
Source: Ivyrealestategroup
Added: Nov 22, 2025 Changed: Aug 11 Last Checked: Aug 11 at 3:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Manarola LLC

Investment Insights

Based on property information with market context.

Built in 1980, this 10,450-square-foot flex property combines office and warehouse areas within a single building. Interior clear heights range from 12 to 14 feet, and a 14-ft drive-in garage door supports ground-level access. A parking lot is included with the property.

The building is located at 1016 N 5th Street in Minneapolis’s North Loop. The area has seen substantial development, and the LRT Blue Line expansion is slated for a location described as half a block from the property. Zoning is Business/Commercial.

Key Highlights

  • 10,450‑square‑foot flex building with office and warehouse areas
  • 12 to 14 foot ceilings throughout the warehouse
  • 14‑ft drive‑in garage door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service

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

14 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

9,232
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55411, MN

31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
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
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Frequently Asked Questions

What type of property is this?
Flex space - Mixed office and warehouse improvements with on-site parking and Business/Commercial zoning.
Where is this flex space located?
The property is located at 1016 N 5th Street Minneapolis, MN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 10,450‑square‑foot flex building with office and warehouse areas; 12 to 14 foot ceilings throughout the warehouse; 14‑ft drive‑in garage door
More about this property
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