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Downtown Retail/Office Unit
For Sale
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Pending

1227 Hennepin Ave, Minneapolis, MN 55403

Ground-floor space in a historic building offers two street-access doors that can operate separately or be combined.

Property Size3,493 SF
Days on Market142

Property Features for 1227 Hennepin Ave

General Information

Standard status Pending
Size 3,493 SF
Property subtype Retail, Office
Listing Agency: Telus Property Services + Solutions
Listed By: Steve Ogren · License #MN 20392013
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Aug 28 at 9:52PM

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 Telus Property Services + Solutions

Investment Insights

Based on property information with market context.

This ground-floor space in a historic building is currently separated into two distinct areas, each with its own separate access door directly from the street. Space A and Space B can operate independently, or they can be combined to form a single larger space.

Located in the heart of downtown Minneapolis, the layout is designed for direct street access and independent entry, which can support separate operations or a unified tenant setup.

If you’re looking for a flexible ground-floor footprint, the ability to keep both spaces separate or combine them into one provides practical leasing options within the same historic building.

Key Highlights

  • Ground‑floor space in a historic downtown Minneapolis building
  • Two separate street‑access doors for two distinct spaces
  • Space A: 1,779 SF with its own street entrance

Property Analytics

Current Use

Extra Space Storage Storage Facility Drew Gardner Concrete ... Construction Company Junk Co. Waste Management Facility

Suggested Use

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

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

6,529
Businesses Nearby

Demographics for 55403, MN

17,707
Population
12,906
Households
1.4
Avg Household Size
35
Median Age
59%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,648
Density / Sq Mi
$59,928
Median Household Income
$50,876
Median Earnings
$1,199
Median Rent
$285,200
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor space in a historic building offers two street-access doors that can operate separately or be combined.
Where is this retail space located?
The property is located at 1227 Hennepin Ave Minneapolis, MN.
What are key features of this property?
This property features: Ground‑floor space in a historic downtown Minneapolis building; Two separate street‑access doors for two distinct spaces; Space A: 1,779 SF with its own street entrance
More about this property
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