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    3110-3120 Penn Ave N Minneapolis, MN 55411

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    For Lease
    Contact for pricing

    Retail space in mixed-use development at Penn Lowry Crossing.

    Property size:
    1,397 SF
    Lot size:
    2.67 Acres

    Property Features for 3110-3120 Penn Ave N

    General Information

    Size
    1,397 SF
    Lot size
    2.67 Acres

    Source: Wellington Management Inc Agent Greg Croucher

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

    Overview

    Penn Lowry Crossing Retail Space

    Penn Lowry Crossing, with its brick exterior and stucco accents, provides a strong sense of place. This mixed-use development is located at the southeast corner of Penn Avenue North and Lowry Avenue North in Minneapolis. Anchored by Family Dollar, the two-building development is home to several neighborhood businesses. The property features well-lit parking, bicycle parking facilities, and a paved plaza. The C-Line bus rapid transit along Penn Avenue provides faster service, improved station areas and enhanced security. Available space is 1397 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -93.3077981
    Latitude
    45.0127887

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    FAQs

    What type of property is this?
    Office space - Retail space in mixed-use development at Penn Lowry Crossing.
    Where is this office space located?
    The property is located at 3110-3120 Penn Ave N Minneapolis, MN.
    What are key features of this property?
    This property features: - Anchored by Family Dollar, a destination retail business.; - Located at the **high-traffic intersection of Penn Avenue North and Lowry Avenue North.**; - Features a brick exterior and stucco accents.
    (651) 292-9844
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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
    3110-3120 Penn Ave N Minneapolis, MN 55411
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