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Top-Floor Office Suite
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123 N 3rd St, Minneapolis, MN 55401

Top-floor spec office suite with open workspace, four private offices, and dedicated conference and huddle rooms.

Property Size4,362 SF
Days on Market8

Property Features for 123 N 3rd St

General Information

Standard status Active
Size 4,362 SF
Property subtype OFFICE

Space & Availability

Floor Top Floor
Space Use Office
Private Offices 4
Meeting Rooms 2
Capacity 16 people
Furnished Yes

Amenities

full kitchen
Listing Agency: Element, Inc
Listed By: JoAnna Hicks
Source: Moodyscre
Added: Jul 24 Changed: Jul 30 Last Checked: Jul 30 at 10:26PM

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.

Top-floor spec office suite blending modern design with historic warehouse character. The suite includes an open workspace for about 16 people, four private offices, a conference room and a huddle room, and a full kitchen.

Interior features include hardwood floors and exposed brick, with modern design and furniture, fixtures, and equipment (FFE) noted for the space. The suite is configured for a mix of collaborative work and private meetings, with dedicated spaces for group discussion and smaller huddle-style conversations.

With its combination of open area, private offices, and multiple meeting rooms, the layout supports day-to-day team operations alongside client or internal conference needs.

Key Highlights

  • Open workspace for about 16 people
  • Four private offices
  • Conference room plus huddle room

Property Analytics

Current Use

Cinemotion Film Production Countrywide Tire & Rubber Big Box & Wholesale Store Punch Through (Bike/Boat/Book/etc) Store Drip Corporate Office Parker Daniels Kibort, ... Law Firm

Suggested Use

Top Pick Electrical Service Pet Grooming Service Locksmith Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

10,378
Businesses Nearby

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

Market

Lease Benchmarks for Minneapolis, MN

$20.3 /SF/Yr
Avg Asking Price
$6.5–$42.94 /SF/Yr
Price Range
12,927 SF
Avg Space Size

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 units - Top-floor spec office suite with open workspace, four private offices, and dedicated conference and huddle rooms.
Where is this office units located?
The property is located at 123 N 3rd St Minneapolis, MN.
What are key features of this property?
This property features: Open workspace for about 16 people; Four private offices; Conference room plus huddle room
(612) 436-8201 Call to check price and availability
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