Move-In Ready Office
For Lease
Contact for pricing
123 N 3rd St, Minneapolis, MN 55401
Office suite in the Colwell Building with private offices, conference room, reception, and kitchen.
Space Size4,852 SF
Days on Market101
Property Features for 123 N 3rd St
General Information
Standard status
Active
Size
4,852 SF
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Neighborhood
Downtown West
Amenities
3 large private offices
14-person conference room
open office seating
welcoming reception area
large kitchen with cooktop
plentiful natural light with views of downtown
Spaces For Lease
at 123 N 3rd St
Colwell Building
$16 – $18/SF/Yr
Floor
6
Size
4,852 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Move-in-ready office suite with modern finishes and views of downtown in the Colwell Building in the Warehouse District
- 3 large private offices
- 14-person conference room
- Open office seating
- Welcoming reception area
- Large kitchen with cooktop
- Plentiful natural light with views of downtown
Contact us
Listing Agency:
Element, Inc
(612) 436-8200
Listed By:
JoAnna Hicks
(612) 436-8201
Source:
Moodyscre
Added: Jul 24
Changed: Oct 25
Last Checked: Nov 1 at 6:22AM
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 Element, Inc
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Investment Insights
Based on property information with market context.
Move-in-ready office suite in the Colwell Building offering modern finishes and views of downtown. The space includes three large private offices, an approximately 14-person conference room, open office seating, and a welcoming reception area. A large kitchen with cooktop supports day-to-day office needs, and the layout is designed to take advantage of plentiful natural light.
Located at 123 N 3rd St in Minneapolis’ Warehouse District, the suite is positioned for businesses seeking a downtown-oriented office environment within an established building.
The interior configuration balances collaborative and private work areas, with a dedicated conference room and multiple private offices alongside an open seating plan and kitchen space.
Located at 123 N 3rd St in Minneapolis’ Warehouse District, the suite is positioned for businesses seeking a downtown-oriented office environment within an established building.
The interior configuration balances collaborative and private work areas, with a dedicated conference room and multiple private offices alongside an open seating plan and kitchen space.
Key Highlights
- Move‑in‑ready office suite in the Colwell Building in the Warehouse District with downtown views
- Includes 3 large private offices
- 14‑person conference room plus open office seating
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
10,378
Businesses Nearby
Explore this area
Business Placement
Demographics for 55401, MN
12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 15% below the average of $18.75 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite in the Colwell Building with private offices, conference room, reception, and kitchen.
Where is this office unit located?
The property is located at 123 N 3rd St Minneapolis, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Move‑in‑ready office suite in the Colwell Building in the Warehouse District with downtown views; Includes 3 large private offices; 14‑person conference room plus open office seating
