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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.

Space Size2,522 SF
Lot Size0.49 Acres
Days on Market2334

Property Features for 1205 Hawthorne Ave

General Information

Standard status Active
Size 2,522 SF
Lot size 0.49 Acres
Property subtype OFFICE
Lease Type Modified Gross

Site & Location

Neighborhood Loring Park

Spaces For Lease

at 1205 Hawthorne Ave
Alden Apartments Office/Retail With Large Glass Line $17 – $25/SF/Yr
Floor 1
Size 2,522 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
All glass frontage along Hawthorne Ave provides for bright and light atmosphere. Ideal space for both office and retail use. Tall attractive ceilings. The Alden Bldg is a large classic brick apartment bldg near the entrance to and from 394 West from Downtown. The project has a great make up of residential tenancy. This space is part of the first floor commercial and has access to the apartment bldg amenities, lounge, rec room, exercise room, etc. Contract parking available across the street.
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Listing Agency: Coldwell Banker Realty - Minneapolis
Listed By: Michael P Murphy
Source: Moodyscre
Added: Jun 12, 2020 Changed: Oct 26 Last Checked: Nov 1 at 8:53AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Minneapolis, MN

$18.75 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,062 SF
Avg Space Size

This space is priced 9% below the average of $18.75 /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

Frequently Asked Questions

What type of property is this?
Office unit - Office or retail space with access to building amenities.
Where is this office unit 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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