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Hawthorne Avenue Commercial Space Available
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1205 Hawthorne Ave, Minneapolis, MN

Office or retail space with access to building amenities.

Property Size2,522 SF
Lot Size0.49 Acres
Days on Market2242

Property Features for 1205 Hawthorne Ave

General Information

Standard status Active
Size 2,522 SF
Lot size 0.49 Acres
Property subtype OFFICE
Listing Agency: Coldwell Banker Realty - Minneapolis
Listed By: Michael P Murphy
Source: Moodyscre
Added: Jun 12, 2020 Changed: Jul 6 Last Checked: Jul 21 at 5:11AM

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 Coldwell Banker Realty - Minneapolis

Investment Insights

Based on property information with market context.

This commercial space features all-glass frontage along Hawthorne Avenue, providing a bright and light atmosphere. The space is suitable for both office and retail use, and it features tall, attractive ceilings. Located in The Alden Building, a large classic brick apartment building near the entrance to and from 394 West from Downtown, the space benefits from the building's residential tenancy. As part of the first-floor commercial space, it has access to the apartment building amenities, including a lounge, rec room, and exercise room. Contract parking is available across the street. The property has a size of 2522 square feet.

Key Highlights

  • Bright and light atmosphere thanks to all glass frontage along Hawthorne Ave.
  • Access to apartment building amenities including lounge, rec room, and exercise room.
  • Ideal space suitable for both office and retail use.

Property Analytics

Current Use

Alden Apartments Apartment Building MAVEN Development Group Real Estate Agency

Suggested Use

Top Pick Butcher Electrical Service (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Supermarket

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,611
Businesses Nearby

Market

Lease Benchmarks for Minneapolis, MN

$20.3 /SF/Yr
Avg Asking Price
$6.5–$42.94 /SF/Yr
Price Range
12,927 SF
Avg Space Size

This space is priced 16% below the average of $20.3 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office or retail space with access to building amenities.
Where is this office units located?
The property is located at 1205 Hawthorne Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Bright and light atmosphere thanks to all glass frontage along Hawthorne Ave.; Access to apartment building amenities including lounge, rec room, and exercise room.; Ideal space suitable for both office and retail use.
(612) 270-8729 Call to check price and availability
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