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Prime Retail Space in Minneapolis
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115 N 2nd Street, Minneapolis, MN 55401

2,113 SF retail space in Minneapolis's North Loop.

Space SizeContact for details
Property Size23,816 SF
Days on Market169

Property Features for 115 N 2nd Street

General Information

Standard status Active
Size 23,816 SF
Property subtype Retail

Building Details

Building Size 23,816 SF
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Brady Whalen
Source: Midamericagrp
Added: Mar 7 Changed: Aug 23 Last Checked: Aug 23 at 3:10AM

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 Mid-America Real Estate-Minnesota LLC

Investment Insights

Based on property information with market context.

Located in Minneapolis’s North Loop, a historic warehouse district, this 2,113 SF retail space benefits from a Walk Score of 96 and a Bike Score of 95. Positioned on the ground level of the VÉLO Apartments, a luxury building featuring 101 upscale rental units, and anchored by Red Cow, the space benefits from built-in customer traffic. The retail frontage offers high visibility to pedestrian, bike, and public transit routes in a transit-oriented setting. The space is suitable for retailers or service providers aiming to serve a health-conscious demographic in a dynamic and fast-growing neighborhood.

Key Highlights

  • Prime 2,113 SF retail space in Minneapolis's thriving North Loop.
  • Located in a high‑end boutique apartment building with 101 upscale rental units.
  • Anchored by popular restaurant Red Cow, ensuring built‑in customer traffic.

Property Analytics

Current Use

Stay Alfred on 2nd ... Hotel & Motel Velo Real Estate Agency EFT Alternative Medicine Practice ABA Tax Accounting Accounting Firm Firing Table (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Butcher Locksmith Restaurant (Bike/Boat/Book/etc) Store Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

10,653
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 48% Superstores 40% Dining 7% Shops & Services 4%
Target Superstores
40,271 visits/mo 0.4 miles
Embassy Suites By Hilton Minneapolis Downtown Hotels & Casinos
22,460 visits/mo 0.4 miles
Renaissance Minneapolis Hotel, the Depot Hotels & Casinos
15,872 visits/mo 0.3 miles
Residence Inn by Marriott Minneapolis Downtown at The Depot Hotels & Casinos
7,558 visits/mo 0.4 miles
TownePlace Suites by Marriott Minneapolis Downtown/North Loop Hotels & Casinos
3,027 visits/mo 0.4 miles

Demographics for 55401, MN

12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$16.25 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
8,519 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - 2,113 SF retail space in Minneapolis's North Loop.
Where is this retail space located?
The property is located at 115 N 2nd Street Minneapolis, MN.
What are key features of this property?
This property features: Prime 2,113 SF retail space in Minneapolis's thriving North Loop.; Located in a high‑end boutique apartment building with 101 upscale rental units.; Anchored by popular restaurant Red Cow, ensuring built‑in customer traffic.
More about this property
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