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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.

Space Size2,200 SF
Days on Market139

Property Features for 1214 42nd Ave N

General Information

Standard status Active
Size 2,200 SF
Total Parking Spaces 2
Property subtype OFFICE

Additional Details

Office Units 6

Amenities

reception area
kitchenette
laundry room
security system
basement storage

Spaces For Lease

at 1214 42nd Ave N Contact us

1214 42nd Ave N $14/SF/Yr

Size
2,200 SF
Type
OFFICE
Availability
AVAILABLE
Standalone commercial building for sale at a prime North Minneapolis intersection....
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Listing Agency: Engel & Volkers Minneapolis
Listed By: Joe Mayo
Source: Moodyscre
Added: May 13 Changed: Sep 17 Last Checked: Sep 26 at 5:47AM

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

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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

410
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Minneapolis, MN

$18.58 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
49,652 SF
Avg Space Size

This space is priced 25% below the average of $18.58 /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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