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Standalone Office Building
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1214 42nd Ave N, Minneapolis, MN 55412

Standalone office building with six private offices, reception area, modern bathrooms, and updated systems.

Property Size2,200 SF
Days on Market81

Property Features for 1214 42nd Ave N

General Information

Standard status Active
Size 2,200 SF
Total Parking Spaces 2
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Office Units 6

Amenities

reception area
kitchenette
laundry room
security system
basement storage
Listing Agency: Engel & Volkers Minneapolis
Listed By: Joe Mayo
Source: Moodyscre
Added: May 13 Changed: Jul 26 Last Checked: Aug 1 at 9:20AM

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 Engel & Volkers Minneapolis

Investment Insights

Based on property information with market context.

Standalone commercial office building offering six private offices, a reception area, two bathrooms with modern finishes, two kitchenettes, and a dedicated laundry room. Recent updates include newer energy-efficient windows, a tankless water heater, updated flooring, walls, and doors, along with 200 amp electrical service and a security system. The property also includes a full basement for additional storage and two off-street parking spots.

Located at a prime North Minneapolis intersection, the building is positioned for businesses seeking a standalone setup with on-site parking.

With multiple office rooms plus shared reception and support spaces, the layout supports flexible tenancy for an owner-occupant or an investment approach that can rent office spaces independently.

Key Highlights

  • Standalone office building with six private offices and a reception area
  • Two bathrooms with modern finishes, plus two kitchenettes and a laundry room
  • Recent updates include newer energy‑efficient windows, updated flooring, walls, and doors

Property Analytics

Current Use

Verified Green Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Pharmacy Building Supply Spa & Massage Center

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

6
Office units
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

Demographics for 55412, MN

23,800
Population
9,676
Households
2.5
Avg Household Size
33
Median Age
28%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,000
Density / Sq Mi
$71,905
Median Household Income
$42,494
Median Earnings
$1,340
Median Rent
$226,400
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$17 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
76,115 SF
Avg Space Size

This space is priced 18% below the average of $17 /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 building - Standalone office building with six private offices, reception area, modern bathrooms, and updated systems.
Where is this office building located?
The property is located at 1214 42nd Ave N Minneapolis, MN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Standalone office building with six private offices and a reception area; Two bathrooms with modern finishes, plus two kitchenettes and a laundry room; Recent updates include newer energy‑efficient windows, updated flooring, walls, and doors
(612) 916-0183 Call to check price and availability
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