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Landmark Class B Office Building
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1901-1911 Nicollet Ave, Minneapolis, MN 55403

Classic Class B office building with exposed brick and timber, 11-foot ceilings, and abundant daylight through large plate glass windows.

Property Size4,704 SF
Days on Market1231

Property Features for 1901-1911 Nicollet Ave

General Information

Standard status Active
Size 4,704 SF
Class B
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Amenities

underground garage
surface parking
signage opportunity
common areas
new restrooms
new lobby

Building Details

Construction brick & timber
Listing Agency: Maven CRE
Listed By: Mike Finkelstein · License #40486617
Source: Moodyscre
Added: Mar 20, 2023 Changed: Jul 29 Last Checked: Jul 31 at 9:23AM

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 Maven CRE

Investment Insights

Based on property information with market context.

1901-1911 Nicollet Ave is a classic, landmark Class B office building on the Nicollet Avenue corridor, about 1/2 mile south of Downtown Minneapolis. The building features exposed brick and timber with an 11-foot ceiling height, along with abundant daylight provided by large plate glass windows.

The interior and exterior have undergone complete rehabilitation, including a new elevator, new restrooms, and updated common areas. Exterior improvements include new glass and a prominent building entry and lobby on Nicollet Ave, supporting both tenant branding and guest arrivals. Parking is available with an underground garage and surface parking, and the property offers signage opportunity for high exposure and visibility.

The building is ready for tenant build-out, providing a flexible setup for an incoming office tenant to design to their needs.

Key Highlights

  • Class B office building on the Nicollet Avenue corridor about 1/2 mile south of Downtown Minneapolis
  • Exposed brick and timber with 11‑foot ceiling height
  • Abundant daylight from large plate glass windows

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Locksmith Clothing & Fashion Store Butcher

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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,193
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

Lease Benchmarks for Minneapolis, MN

$17 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
76,115 SF
Avg Space Size

This space is priced 53% above the average of $17 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office building - Classic Class B office building with exposed brick and timber, 11-foot ceilings, and abundant daylight through large plate glass windows.
Where is this office building located?
The property is located at 1901-1911 Nicollet Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Class B office building on the Nicollet Avenue corridor about 1/2 mile south of Downtown Minneapolis; Exposed brick and timber with 11‑foot ceiling height; Abundant daylight from large plate glass windows
(612) 483-1415 Call to check price and availability
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