Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2922 Aldrich Ave S Minneapolis, MN 55408

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $16 SF/Yr ($6,306 /Mo)

    4,730 SF retail space with prime Lake Street exposure.

    Property size:
    4,730 SF
    Lot size:
    0.90 Acres

    Property Features for 2922 Aldrich Ave S

    General Information

    Size
    4,730 SF
    Lot size
    0.90 Acres

    Source: Wyn Group Agent Marshall Nguyen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on W Lake Street

    This 4,730 square feet retail space is located at the base of the Blue and Lime Apartments, offering visibility along W Lake Street. The space, formerly a hair studio, is built out for a salon or spa, with plumbing and flexible layout options. Situated below 246 residential units and surrounded by urban housing and retail, this Class A ground-floor unit is suitable for service-based retail or wellness concepts. The property features 14-foot clear height, is sprinklered, and of Class A construction. It benefits from signage visibility and pedestrian access. The location has over 20,000 vehicles per day. The property includes an attached free customer parking ramp, plus public parking options. It is suited for salon, wellness, boutique fitness, or other retail uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blue Apartments Apartment Complex Numismatics Store Elements Store Just the Quill of It Print Shop

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2889057
    Latitude
    45.0102112

    Nearby Similar for Lease

    • $17 SF/Yr
      6,744 SF

      Prime Downtown Minneapolis Retail Space

      Located in the heart of downtown with high pedestrian traffic.
      730 S 2Nd Ave, Minneapolis, MN 55402
      View Details
    • $17 SF/Yr
      4,374 SF

      Downtown Minneapolis Retail & Office

      Retail and office spaces in the heart of Minneapolis.
      706 S 2Nd Ave, Minneapolis, MN 55402
      View Details
    • $17 SF/Yr
      1,912 SF

      Downtown Minneapolis Retail & Services

      Retail and service spaces available in downtown Minneapolis.
      705 S Marquette Ave, Minneapolis, MN 55402
      View Details
    • $2,200,000
      1,370 SF

      Nicollet Avenue Retail/Office Building

      Modern retail/office building with high visibility and versatile space.
      2627-2639 Nicollet Ave, Minneapolis, MN 55408
      View Details
    • Contact for pricing
      739 SF

      Prime Retail Space Near Lightrail

      Highly visible retail space with excellent foot traffic and public transportation.
      3810 46Th St E, Minneapolis, MN 55419
      View Details
    • $10 SF/Yr
      59,865 SF

      Northrup King Building Space Available

      Office, industrial, and warehouse space for lease in Minneapolis.
      802 18Th Ave NE, Minneapolis, MN 55411
      View Details

    FAQs

    What type of property is this?
    Retail space - 4,730 SF retail space with prime Lake Street exposure.
    Where is this retail space located?
    The property is located at 2922 Aldrich Ave S Minneapolis, MN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime Lake Street location with high visibility and excellent pedestrian access.; - Located beneath a 246-unit apartment building, ensuring consistent foot traffic.; - Built-out for a hair/nail salon or spa with existing plumbing and flexible layout.
    (763) 888-8111
    Request Owner's contact information
    2922 Aldrich Ave S Minneapolis, MN 55408
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2922 Aldrich Ave S
    Minneapolis, MN 55408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2922 Aldrich Ave S Minneapolis, MN 55408
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.