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    241 5Th Ave N Minneapolis, MN 55415

    For Lease
    Contact for pricing

    Office space available for sublease with rooftop deck access.

    Property size:
    30,000 SF
    Lot size:
    1.16 Acres

    Property Features for 241 5Th Ave N

    General Information

    Size
    30,000 SF
    Lot size
    1.16 Acres

    Source: Avison Young Agent Brian A Helmken

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

    Overview

    Sublease Office Space with Deck

    Office space is available for sublease, encompassing the top four floors of the building. A private deck is located on the 12th floor, complemented by a 2,400-square-foot rooftop deck accessible to all tenants in the building. The property includes six levels of interior garage parking, offering direct access to the office building with a parking ratio of 2 spaces per 1,000 square feet. A 3,000-square-foot fitness center is located within the building, with over eight additional workout facilities in the vicinity. The location provides convenient access to a variety of restaurants and shopping options. The property is situated near light rail lines and multiple bus routes.
    Location Intelligence

    Current Use by Public Records

    Skykit Software Company Calabrio Software Company NetSPI Computer Security Service Steelman Exchange Corporate Office Grant Thornton Accounting Firm

    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
    -93.261103
    Latitude
    44.97866

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    FAQs

    What type of property is this?
    Office space - Office space available for sublease with rooftop deck access.
    Where is this office space located?
    The property is located at 241 5Th Ave N Minneapolis, MN.
    What are key features of this property?
    This property features: - Top four floors available for sublease, offering a significant amount of space.; - **Stunning 12th-floor private deck plus a 2,400 SF rooftop deck for all tenants.**; - **Six levels of interior garage parking with direct access to the office building.**
    (612) 701-8787
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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
    241 5Th Ave N Minneapolis, MN 55415
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