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 Market54
Property Features for 123 N 3rd St
General Information
Standard status
Active
Size
4,852 SF
Property subtype
OFFICE
Lease Type
NNN
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 Contact us- Floor
- 6
- Size
- 4,852 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Colwell Building $16 – $18/SF/Yr
Move-in-ready office suite with modern finishes and views of
downtown in the Colwell...
show more
Contact us
Listing Agency:
Element, Inc
(612) 436-8200
Listed By:
JoAnna Hicks
(612) 436-8201
Source:
Moodyscre
Added: Jul 24
Changed: Sep 13
Last Checked: Sep 14 at 12:04PM
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
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
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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
$18.11 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,093 SF
Avg Space Size
This space is priced 12% below the average of $18.11 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Office suite in the Colwell Building with private offices, conference room, reception, and kitchen.
Where is this office units 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
