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    501-511 S Washington Ave Minneapolis, MN 55415

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    For Lease
    Contact for pricing

    1,821 SF retail space available now on Washington Avenue.

    Property size:
    1,821 SF
    Lot size:
    7,340.00 Acres

    Property Features for 501-511 S Washington Ave

    General Information

    Size
    1,821 SF
    Lot size
    7,340.00 Acres

    Source: Diehl and Partners Agent Lisa L Diehl

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

    Overview

    Retail Space on Washington Avenue

    This 1,821 square foot retail space is located along Washington Avenue, diagonally across from The Depot and a city-owned parking ramp. The space features a drop ceiling and two entrances, one interior and one exterior, as well as one restroom. It faces Washington Avenue and is available immediately. Building signage and guest parking are available. The space was formerly occupied by a tanning salon and is suitable for a retail or office user. Caribou Coffee, Crooked Pint Ale House restaurant, CorePower, and Subway are located on the first floor, with The Bazemnt Lounge on the lower level. Office space is also available within the building.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2612271
    Latitude
    44.9783898

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    FAQs

    What type of property is this?
    Retail space - 1,821 SF retail space available now on Washington Avenue.
    Where is this retail space located?
    The property is located at 501-511 S Washington Ave Minneapolis, MN.
    What are key features of this property?
    This property features: - Prime location on Washington Avenue, diagonal from The Depot and city parking ramp.; - Immediate availability of a 1,821 square foot space.; - High-traffic area with established businesses like Caribou Coffee and Subway on the first floor.
    (952) 285-5244
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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
    501-511 S Washington Ave Minneapolis, MN 55415
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