Standalone Retail
For Lease
Contact for pricing
254 2nd Ave N, Minneapolis, MN 55401
A 1901 building with on-site parking and potential for restaurant, retail, wellness, or event uses.
Space Size5,181 SF
Lot Size0.13 Acres
Days on Market11
Property Features for 254 2nd Ave N
General Information
Standard status
Active
Size
5,181 SF
Total Parking Spaces
5
Lot size
0.13 Acres
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Building Details
Year Built
1901
Spaces For Lease
at 254 2nd Ave N
Standalone Retail Building For Lease
AVAILABLE, Now
Floor
1-2
Size
5,181 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Property:
A rare standalone opportunity in the North Loop that is an ideal space for owner-user or concept. With historic character and its own identity, the property provides a unique opportunity to develop a memorable destination in the heart of the North Loop/Warehouse District.
• Onsite parking (5 spaces)
• Building sits on 0.13 acres
• Built in 1901
• Located next to popular Red Rabbit North Loop
• Suitable for a wide range of uses, including restaurant/bar, private event venue, fitness and wellness, salon or med spa, showroom, entertainment, specialty retail, or an owner-user headquarters
Location:
The North Loop/Warehouse District is a vibrant, walkable neighborhood known for its historic, industrial-chic atmosphere and converted brick buildings.
• Near amenities, retail, and major transportation corridors (I-35W, I-94, I-394, and Hwy 55)
• Very quick access to I-394 ramps
• 5–10-minute walk from Target Center, Target Field, and METRO Green and Blue Line
• Minutes from US Bank Stadium
RETAIL USES:
Restaurant / Bar / Cocktail Lounge
Private Event Venue / Social Club
Fitness / Wellness
Salon / Med Spa / Beauty Collective
Creative Showroom + Office
Entertainment Venue
Cannabis Retail
Specialty Retail / Flagship
Experiential Retail
Owner-User Headquarters
Contact us
Listing Agency:
Commercial Equities Group, Inc
(612) 788-1552
Listed By:
Jeff Salzbrun · License #40699119
(612) 428-3333
Source:
Moodyscre
Added: Sep 25
Changed: Oct 3
Last Checked: Oct 4 at 12:42PM
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 standalone retail property contains 5,181 square feet on a 0.13-acre site and dates to 1901. Five on-site parking spaces serve the property. The stated range of potential uses includes restaurant or bar, private events, fitness and wellness, salon or med spa, showroom, entertainment, specialty retail, and an owner-user headquarters.
The property is next to Red Rabbit North Loop. Target Center, Target Field, and METRO Green and Blue Line stations are a 5–10-minute walk away; US Bank Stadium is minutes away. Nearby transportation routes include I-35W, I-94, I-394, and Hwy 55, with quick access to I-394 ramps.
The property is next to Red Rabbit North Loop. Target Center, Target Field, and METRO Green and Blue Line stations are a 5–10-minute walk away; US Bank Stadium is minutes away. Nearby transportation routes include I-35W, I-94, I-394, and Hwy 55, with quick access to I-394 ramps.
Key Highlights
- 5,181‑square‑foot standalone retail building
- Built in 1901 on 0.13 acres
- Five on‑site parking spaces
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
10,378
Businesses Nearby
132k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 43%
Superstores 31%
Shops & Services 22%
Dining 4%
Target
Superstores
40,271 visits/mo
0.3 miles
Holiday Station Store
Shops & Services
24,887 visits/mo
0.4 miles
Embassy Suites By Hilton Minneapolis Downtown
Hotels & Casinos
22,460 visits/mo
0.3 miles
Renaissance Minneapolis Hotel, the Depot
Hotels & Casinos
15,872 visits/mo
0.5 miles
Hampton Inn & Suites Minneapolis/Downtown
Hotels & Casinos
10,010 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Minneapolis, MN
$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,318 SF
Avg Space Size
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A 1901 building with on-site parking and potential for restaurant, retail, wellness, or event uses.
Where is this retail space located?
The property is located at 254 2nd Ave N Minneapolis, MN.
What are key features of this property?
This property features: 5,181‑square‑foot standalone retail building; Built in 1901 on 0.13 acres; Five on‑site parking spaces
