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Retail and Restaurant Building
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312 Central Ave SE, Minneapolis, MN 55414

Large retail/restaurant space plus smaller upper-floor office spaces, with an available conference room and ample dedicated parking.

Space Size787 SF
Days on Market847

Property Features for 312 Central Ave SE

General Information

Standard status Active
Size 787 SF
Net Rentable 2,300 SF
Property subtype OFFICE

Space & Availability

Contiguous Space 2,300 SF
Space Use Retail/Restaurant

Site & Location

Neighborhood University
Highway Access Yes

Amenities

conference room

Building Details

Parking Ratio 1.35 per 1,000 SF

Spaces For Lease

at 312 Central Ave SE
United Labor Centre AVAILABLE, Now
Floor 5
Size 787 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
Sublease No
• Home of Union Bank & Trust just off Central Avenue SE • Large 2,300 RSF retail/restaurant space and many smaller spaces on upper floors • Large conference room available for tenants • Easy access to I-35W via SE 4th Street and University Avenue SE • Within walking distance of art, dining, and entertainment, off Central Ave as well as on the Riverfront: Lunds Market, Caribou Coffee, Chipotle, Aster Cafe, Jefe Urban Cocina, Restaurant Alma, Surdyk’s, Kramarczuk’s, Nicollet Island Inn, and more • Multiple walking paths, biking paths on the water • Ample parking in dedicated surface lot, with ratio of 1.35/1,000 SF
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Listing Agency: Kenwood Commercial
Listed By: Holly Voigt
Source: Moodyscre
Added: Jul 8, 2024 Changed: Oct 25 Last Checked: Nov 1 at 8:34AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property includes a large retail/restaurant space and multiple smaller spaces on the upper floors. Tenants also have access to a large conference room. The offering is set up for mixed occupancy across street-level and upper levels, supporting a range of professional and service-oriented needs.

Located just off Central Avenue SE, the property provides easy access to I-35W via SE 4th Street and University Avenue SE. It’s within walking distance of dining and entertainment options along Central Ave and on the Riverfront, including Lunds Market, Caribou Coffee, Chipotle, Aster Cafe, Jefe Urban Cocina, Restaurant Alma, Surdyk’s, Kramarczuk’s, and Nicollet Island Inn. Multiple walking and biking paths are available along the water.

A dedicated surface lot provides ample parking with a stated ratio of 1.35 spaces per 1,000 SF.

Key Highlights

  • Home of Union Bank & Trust just off Central Avenue SE
  • Large 2,300 RSF retail/restaurant space plus many smaller spaces on upper floors
  • Tenant access to a large conference room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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
49,289 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

Frequently Asked Questions

What type of property is this?
Office building - Large retail/restaurant space plus smaller upper-floor office spaces, with an available conference room and ample dedicated parking.
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: Home of Union Bank & Trust just off Central Avenue SE; Large 2,300 RSF retail/restaurant space plus many smaller spaces on upper floors; Tenant access to a large conference room
(651) 666-8516 Call to check price and availability
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