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Historic Limestone Creative Space
For Sale
Contact for pricing
Pending

250 N 3rd Ave, Minneapolis, MN 55401

National Register-listed property with adaptable commercial character, abundant daylight, and a substantial limestone building presence.

Property SizeContact for details
Days on Market143

Property Features for 250 N 3rd Ave

General Information

Standard status Pending
Property subtype Retail

Building Details

Year Built 1886
Year Renovated 1992
Buildings 1
Construction limestone
Listing Agency: ASSEMBLY MN LLC
Listed By: Eddie Landenberger · License #40210785
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:58PM

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 ASSEMBLY MN LLC

Investment Insights

Based on property information with market context.

Constructed in 1886, this Chicago-style limestone property combines a six-story principal building with a three-story addition. The building was renovated in 1992 by LHB Engineers & Architects for Artspace Projects and has supported varied commercial and creative uses, including an artists’ cooperative. Its interior history includes warehouse, bakery, and appliance-parts operations, providing a distinctive foundation for continued adaptive reuse.

The property is located at 250 N 3rd Ave in Minneapolis’s North Loop neighborhood and is listed on the National Register of Historic Places. Abundant natural daylight and the building’s historic architecture contribute to its suitability for a creative-space concept or other commercial reuse supported by the existing structure.

Key Highlights

  • Built in 1886 as a warehouse for farm machinery and equipment
  • Six‑story main building with a three‑story addition
  • Chicago‑style limestone construction

Property Analytics

Current Use

James & Mary Laurie ... (Bike/Boat/Book/etc) Store Borman Law Firm Law Firm Schulkers Joan M Law Firm Borman & Schulkers PLLC Law Firm Stigma Cannabis Co. ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Electrical Service Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,957
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - National Register-listed property with adaptable commercial character, abundant daylight, and a substantial limestone building presence.
Where is this creative space located?
The property is located at 250 N 3rd Ave Minneapolis, MN.
What are key features of this property?
This property features: Built in 1886 as a warehouse for farm machinery and equipment; Six‑story main building with a three‑story addition; Chicago‑style limestone construction
(612) 314-9252 Call to check price and availability
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