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Urban Flex Warehouse Space
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208 N 3rd Street, Minneapolis, MN 55401

Flex building with an open floor plan, DT1 zoning, and off-street parking for a range of commercial uses.

Days on Market81

Property Features for 208 N 3rd Street

General Information

Standard status Active
Property subtype Retail, Office, Industrial
Zoning DT1
Listing Agency: Commercial Equities Group Inc
Listed By: Brady Erickson · License #40507727
Source: Crexi
Added: May 12 Changed: Jul 23 Last Checked: Jul 30 at 9:20AM

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 Commercial Equities Group Inc

Investment Insights

Based on property information with market context.

This urban flex warehouse property features an open floor plan designed to allow customization for a variety of commercial uses. The offering includes flex building and warehouse space, supported by DT1 zoning.

Located at 208 N 3rd Street in Minneapolis, the property is in the Warehouse District (North Loop), a walkable neighborhood known for historic, industrial-chic atmosphere and converted brick buildings. The location is also described as being situated by the Mississippi River, with access to downtown Minneapolis and surrounding neighborhoods.

In addition to the flexible interior configuration, the property includes off-street parking to support day-to-day operations.

Key Highlights

  • Flex building with an open floor plan for customizable commercial use
  • DT1 zoning supports a wide range of commercial uses
  • Off‑street parking available

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Locksmith Pet Grooming Service Veterinary Clinic Auto Parts Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

10,378
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55401, MN

12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
Median Home Value

Market

Vacancy Rate% for Industrial in Minneapolis, MN

7.2% 2019
7.7% 2020
3.6% 2021
3% 2022
4.3% 2023
4.3% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex building with an open floor plan, DT1 zoning, and off-street parking for a range of commercial uses.
Where is this flex space located?
The property is located at 208 N 3rd Street Minneapolis, MN.
What are key features of this property?
This property features: Flex building with an open floor plan for customizable commercial use; DT1 zoning supports a wide range of commercial uses; Off‑street parking available
(612) 788-1552 Call to check price and availability
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