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Contiguous Mixed-Use Portfolio
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13 5th St NE, Minneapolis, MN 55413

Contiguous three-building portfolio with 9 retail suites and 38 residential units in Minneapolis.

Property SizeContact for details
Lot Size0.82 Acres
Days on Market124

Property Features for 13 5th St NE

General Information

Standard status Active
Lot size 0.82 Acres
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 38

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Minneapolis
Listed By: Michael Jacobs · License #MN: 40760249 CA: 01979550
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:48AM

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 Marcus & Millichap - Minneapolis

Investment Insights

Based on property information with market context.

A contiguous three-building, 47-unit mixed-use portfolio offering 9 versatile retail suites and 38 residential units. The residential mix includes boarding rooms, studios, one-bedroom, and two-bedroom residences, with 10 one-bedroom, 4 two-bedroom, and 2 studio units noted as renovated. On the commercial side, retail suite sizes are described as ranging from 1,600 to 4,017 square feet.

The portfolio is located side by side in Minneapolis’ Nicollet Island neighborhood. The property is home to The Gardens of Solonica restaurant and Kramarczuk’s Sausage Co., and The Sonder Shaker is described as just steps away. Walking distance to Holmes Park and Saint Anthony Park is also mentioned, with the overall offering highlighting walkability and high visibility for the retail component. The portfolio occupies a 0.82-acre lot.

Key Highlights

  • Contiguous three‑building mixed‑use portfolio in Minneapolis, MN on a 0.82‑acre lot
  • 47 units total: 9 retail suites and 38 residential units with studios, boarding rooms, 1BR and 2BR layouts
  • Retail suites range from 1,600 to 4,017 SF, offering flexible space for a variety of businesses

Property Analytics

Current Use

Moth Oddities (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pharmacy Veterinary Clinic Locksmith Pet Grooming Service Auto Parts Store Nail Salon

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

38
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,635
Businesses Nearby

Demographics for 55413, MN

13,914
Population
8,080
Households
1.7
Avg Household Size
34
Median Age
58%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
4,488
Density / Sq Mi
$84,252
Median Household Income
$57,091
Median Earnings
$1,497
Median Rent
$354,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Contiguous three-building portfolio with 9 retail suites and 38 residential units in Minneapolis.
Where is this apartment building located?
The property is located at 13 5th St NE Minneapolis, MN.
What are key features of this property?
This property features: Contiguous three‑building mixed‑use portfolio in Minneapolis, MN on a 0.82‑acre lot; 47 units total: 9 retail suites and 38 residential units with studios, boarding rooms, 1BR and 2BR layouts; Retail suites range from 1,600 to 4,017 SF, offering flexible space for a variety of businesses
More about this property
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