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Charming Office Space Available
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126 N 3rd St, Minneapolis, MN 55401

Office space with exposed brick, tin ceilings, and hardwood floors.

Space Size1,200 SF
Property Size84,000 SF
Days on Market946

Property Features for 126 N 3rd St

General Information

Standard status Active
Size 1,200 SF
Class C
Property subtype Office
Lease Type Gross

Building Details

Building Size 84,000 SF
Year Built 1908
Tenancy Single

Spaces For Lease

at 126 N 3rd St Contact us

Available Space

Size
1,200 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Deb Brown
Listed By: Nate Brown · License #FLBO
Source: Crexi
Added: Feb 2, 2024 Changed: Aug 16 Last Checked: Aug 31 at 10:40AM

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 Deb Brown

Investment Insights

Based on property information with market context.

This charming office space is suitable for a small to midsize office. Suite 450 features exposed brick, tin ceilings, and hardwood floors. The layout includes two private offices with large decorative glass windows, an open area, a work area, and a closet.

Key Highlights

  • Exposed brick, tin ceilings, and hardwood floors create a charming and unique aesthetic.
  • Two private offices offer dedicated workspace.
  • Large decorative glass windows enhance the private offices.

Property Analytics

Current Use

Stratford Gifts (Bike/Boat/Book/etc) Store Perception INK Marketing & Advertising 525 Medical Medical Clinic Channel Software (Bike/Boat/Book/etc) Store Mess Hall Art ... Art Studio

Suggested Use

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

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
$2.70 /SF/Yr
CAM

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

$17.11 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
8,196 SF
Avg Space Size

This space is priced 5% above the average of $17.11 /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 units - Office space with exposed brick, tin ceilings, and hardwood floors.
Where is this office units located?
The property is located at 126 N 3rd St Minneapolis, MN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Exposed brick, tin ceilings, and hardwood floors create a charming and unique aesthetic.; Two private offices offer dedicated workspace.; Large decorative glass windows enhance the private offices.
More about this property
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