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    424 Washington Ave N Minneapolis, MN 55401

    For Lease
    $18 SF/Yr ($8,865 /Mo)

    Office or retail space for lease in Minneapolis.

    Property size:
    5,910 SF
    Lot size:
    0.44 Acres

    Property Features for 424 Washington Ave N

    General Information

    Size
    5,910 SF
    Lot size
    0.44 Acres

    Source: Assembly MN LLC Agent Nicholas Peterson

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

    Overview

    Office/Retail Space in Free Spirit Building

    Office or retail space is available for lease within The Free Spirit Building. The property offers 5910 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luken Architecture Architecture Firm Floyd's 99 Barbershop ... Barber Shop ASSEMBLY Commercial Real ... Commercial Real Estate Agency FACE FOUNDRIÉ - North ... Facial Spa Salon LaVigne Beauty Salon

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Daycare Center 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
    -93.2741223
    Latitude
    44.9861827

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    FAQs

    What type of property is this?
    Office space - Office or retail space for lease in Minneapolis.
    Where is this office space located?
    The property is located at 424 Washington Ave N Minneapolis, MN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Office or retail space available for lease; - Located in the Free Spirit Building
    (612) 205-5690
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    424 Washington Ave N Minneapolis, MN 55401
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    Minneapolis, MN 55401
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    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
    424 Washington Ave N Minneapolis, MN 55401
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