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Office Building
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Pending

724 1st Street, Minneapolis, MN 55401

Office building offered for sale totaling 40,802 SF.

Property Size40,802 SF
Days on Market141

Property Features for 724 1st Street

General Information

Standard status Pending
Size 40,802 SF
Property subtype Office
Listing Agency: Transwestern Real Estate Services
Listed By: Ryan Geiger · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Aug 29 at 3:15AM

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 Transwestern Real Estate Services

Investment Insights

Based on property information with market context.

This property is an office building offered for sale totaling 40,802 SF.

Located at 724 1st Street in Minneapolis, Minnesota, the building provides a dedicated office use within a commercial real estate setting.

The offering is described as office space, making it suitable for occupancies or ownership strategies centered on office operations.

Key Highlights

  • Office building for sale totaling 40,802 SF

Property Analytics

Current Use

Solhem Companies Property Management Company 724 Lofts Apartment Complex Renew22 Solar Energy Company Edina Construction & Associates ... General Contractor Sunrise Publications, Inc. Publishing House

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Pet Grooming Service Supermarket Pet 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.

Location Intelligence

Trade Area within ½ mile

3,128
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

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 - Office building offered for sale totaling 40,802 SF.
Where is this office building located?
The property is located at 724 1st Street Minneapolis, MN.
What are key features of this property?
This property features: Office building for sale totaling 40,802 SF
More about this property
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