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    1256 Penn Ave N Minneapolis, MN 55411

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    For Lease
    Contact for pricing

    Ground-level retail/office space with street visibility and rooftop terrace.

    Property size:
    4,078 SF
    Lot size:
    1.30 Acres

    Property Features for 1256 Penn Ave N

    General Information

    Size
    4,078 SF
    Lot size
    1.30 Acres

    Source: Assembly MN LLC Agent Merrie Sjogren

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

    Overview

    Retail or Office Space Available

    This property offers ground-level retail or office space with street visibility. It features private entrances, executive suites, a conference room, a common area, a kitchenette, and ADA bathrooms. Oversized windows provide ample natural light throughout the spaces. A large rooftop terrace with views of the Minneapolis skyline is available for tenants' daily use and can be rented for special events. The property is suitable for destination retail uses such as a bank, dentist, or service-related office, including accounting firms, law firms, or non-profit organizations. The property size is 4078 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NorthPoint Conference Center Conference Center ME&I Fitness and Performance Fitness Center Summit Academy OIC ... Vocational School Jonathan Godsall Internist Rose Agbor Nurse Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -93.3075985
    Latitude
    44.99116

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    FAQs

    What type of property is this?
    Retail space - Ground-level retail/office space with street visibility and rooftop terrace.
    Where is this retail space located?
    The property is located at 1256 Penn Ave N Minneapolis, MN.
    What are key features of this property?
    This property features: - Stunning Minneapolis skyline views from a huge rooftop terrace available for tenant use and special events.; - Ground-level location with street visibility and private entrances.; - Oversized windows providing great natural light throughout all spaces.
    (612) 308-9179
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    1256 Penn Ave N Minneapolis, MN 55411
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    Minneapolis, MN 55411
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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
    1256 Penn Ave N Minneapolis, MN 55411
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