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Prime Restaurant Space Available
For Lease
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250 Portland Avenue, Minneapolis, MN 55415

5,500 RSF restaurant space for lease on first floor.

Space SizeContact for details
Days on Market263

Property Features for 250 Portland Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Jerry Driessen
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

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 Jerry Driessen

Investment Insights

Based on property information with market context.

Approximately 5,500 rentable square feet of vacant space is available for lease on the first floor. The suite faces Washington Avenue and Portland Avenue and is ideally suited for restaurant use. The property is located within walking distance of the light rail stop, the Mississippi River walking and biking trails, and Gold Medal Park. Nearby businesses include Starbucks, Trader Joe's, Eagle Mpls Bar, CorePower Yoga, and Caribou Coffee.

Key Highlights

  • Ideal for restaurant use.
  • 5,500 rsf approx total vacant space for lease.**
  • Located on the first floor facing Washington and Portland.

Property Analytics

Current Use

O2 Luxury Tower Apartment Complex

Suggested Use

Top Pick Building Supply Auto Parts Store Electrical Service HVAC Service Veterinary Clinic Storage Facility

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

11,063
Businesses Nearby
52k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 74% Shops & Services 17% Dining 9%
Renaissance Minneapolis Hotel, the Depot Hotels & Casinos
15,872 visits/mo 0.2 miles
Moxy Hotels Hotels & Casinos
9,936 visits/mo 0.3 miles
Residence Inn by Marriott Minneapolis Downtown at The Depot Hotels & Casinos
7,558 visits/mo 0.2 miles
Wells Fargo Shops & Services
7,070 visits/mo 0.4 miles
Best Western Plus The Normandy Inn & Suites Hotels & Casinos
5,478 visits/mo 0.4 miles

Demographics for 55415, MN

5,435
Population
3,124
Households
1.7
Avg Household Size
37
Median Age
70%
College-Educated
96%
High-School Grad
0.4 sq mi
ZIP Area
13,588
Density / Sq Mi
$126,480
Median Household Income
$75,568
Median Earnings
$1,836
Median Rent
$581,500
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

  • Nosh and Gather 1200 S Marquette Ave, Minneapolis, MN 55403
  • Kelber Catering Inc 1301 2nd Ave S, Minneapolis, MN 55403
  • La Belle Crepe Catering 825 Nicollet Mall suite 100, Minneapolis, MN 55402
  • Monona Catering LLC 1301 2nd Ave S, Minneapolis, MN 55404
  • Midwest Catering 1200 2nd Ave S 4th floor, Minneapolis, MN 55403

Frequently Asked Questions

What type of property is this?
Restaurant - 5,500 RSF restaurant space for lease on first floor.
Where is this restaurant located?
The property is located at 250 Portland Avenue Minneapolis, MN.
What are key features of this property?
This property features: Ideal for restaurant use.; 5,500 rsf approx total vacant space for lease.**; Located on the first floor facing Washington and Portland.
More about this property
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