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Two-Level Storefront Retail Building
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2941 S Hennepin Ave, Minneapolis, MN 55408

Open-plan commercial space with street-facing windows, restrooms, and rear storage in Uptown Minneapolis.

Property Size5,190 SF
Days on Market2900

Property Features for 2941 S Hennepin Ave

General Information

Standard status Active
Size 5,190 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Retail

Amenities

large storefront windows
open floor plan
grand staircase
restrooms
storage spaces
possible rooftop patio

Building Details

Stories 2
Listing Agency: Element, Inc
Listed By: Aaron Meyers
Source: Moodyscre
Added: Aug 24, 2018 Changed: Jul 31 Last Checked: Aug 1 at 10:43AM

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 Element, Inc

Investment Insights

Based on property information with market context.

Located at 2941 S Hennepin Ave in Uptown Minneapolis, this 5,190-square-foot, two-level storefront retail building features large windows facing Hennepin Avenue. The main floor provides a well-lit, open floor plan, while a grand staircase leads to the lower-level retail area. Restrooms and additional storage spaces are positioned at the rear of the building.

The property is at the intersection of West Lake Street and Hennepin Avenue, across from Chino Latino restaurant. It offers access to I-94, I-394, and I-35W, and is blocks from Uptown Transit Station and the Midtown Greenway. Nearby amenities include hotels, executive housing, restaurants, retail, entertainment, and the Bde Maka Ska trail and beach area.

The building also presents a possible opportunity for a rooftop patio, as noted in the property information.

Key Highlights

  • 5,190‑square‑foot, two‑level retail building
  • Large street‑facing storefront windows along Hennepin Avenue
  • Bright, open main‑floor floor plan with grand staircase to lower‑level retail area

Property Analytics

Current Use

Maple Handyman Services Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store HVAC Service Auto Repair Shop

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
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,926
Businesses Nearby
132k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Dining 34% Shops & Services 18% Beauty & Spa 3%
Cub Foods Groceries
30,982 visits/mo 0.2 miles
Lunds & Byerlys Groceries
23,584 visits/mo 0.1 miles
McDonald's Dining
16,650 visits/mo 0.0 miles
Speedway Shops & Services
14,134 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
10,300 visits/mo 0.4 miles

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
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Similar Off Market Nearby

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  • Best Buds Flower Shop — 703 w lake st, minneapolis, mn 55408

Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space with street-facing windows, restrooms, and rear storage in Uptown Minneapolis.
Where is this storefront property located?
The property is located at 2941 S Hennepin Ave Minneapolis, MN.
What are key features of this property?
This property features: 5,190‑square‑foot, two‑level retail building; Large street‑facing storefront windows along Hennepin Avenue; Bright, open main‑floor floor plan with grand staircase to lower‑level retail area
(612) 405-4740 Call to check price and availability
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