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Mixed-Use Retail and Office Building
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312 Central Ave SE, Minneapolis, MN 55414

Union Bank & Trust building offering 2,300 RSF retail/restaurant space plus multiple smaller upper-floor spaces.

Space Size2,990 SF
Days on Market798

Property Features for 312 Central Ave SE

General Information

Standard status Active
Size 2,990 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

conference room

Building Details

Tenancy Multi

Spaces For Lease

at 312 Central Ave SE Contact us

United Labor Centre

Floor
3
Size
2,990 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Home of Union Bank & Trust just off Central Avenue SE • Large 2,300 RSF retail/restaurant...
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Listing Agency: Kenwood Commercial
Listed By: Mike Doyle
Source: Moodyscre
Added: Jul 8, 2024 Changed: Sep 8 Last Checked: Sep 13 at 9:50AM

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 Kenwood Commercial

Investment Insights

Based on property information with market context.

This mixed-use property includes a large 2,300 RSF retail/restaurant space along with multiple smaller spaces on the upper floors. A large conference room is also available for tenants, supporting a range of office or meeting needs.

The building is located just off Central Avenue SE in Minneapolis, MN, with easy access to I-35W via SE 4th Street and University Avenue SE. It sits within walking distance of dining and entertainment options along Central Avenue and the Riverfront, including Lunds Market and several restaurant and coffee concepts.

On-site parking is provided in a dedicated surface lot, with a stated ratio of 1.35 spaces per 1,000 SF. Multiple walking and biking paths are available nearby along the water.

Key Highlights

  • Union Bank & Trust building offering 2,300 RSF retail/restaurant space plus multiple smaller upper‑floor spaces.
  • Large conference room available for tenants.
  • Easy access to I‑35W via SE 4th Street and University Avenue SE.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Pet Grooming Service Locksmith Butcher Restaurant (Bike/Boat/Book/etc) Store Adult Day Care

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,227
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Minneapolis, MN

$18.58 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
32,611 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 building - Union Bank & Trust building offering 2,300 RSF retail/restaurant space plus multiple smaller upper-floor spaces.
Where is this office building located?
The property is located at 312 Central Ave SE Minneapolis, MN.
What are key features of this property?
This property features: Union Bank & Trust building offering 2,300 RSF retail/restaurant space plus multiple smaller upper‑floor spaces.; Large conference room available for tenants.; Easy access to I‑35W via SE 4th Street and University Avenue SE.
(612) 242-8820 Call to check price and availability
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