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Standalone Retail Space
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254 2nd Ave N, Minneapolis, MN 55401

The property is presented for retail, dining, event, wellness, and other commercial concepts.

Property 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
Buildings 1
Listing Agency: Commercial Equities Group, Inc
Listed By: Jeff Salzbrun · License #40699119
Source: Moodyscre
Added: Sep 25 Changed: Sep 28 Last Checked: Oct 4 at 12:21PM

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. Built in 1901, the building has five on-site parking spaces. Potential concepts identified for the property include restaurant or bar uses, private events, fitness and wellness, salons, showrooms, entertainment, specialty retail, and office or headquarters use.

The property is next to Red Rabbit North Loop and within a 5–10-minute walk of Target Center, Target Field, and METRO Green and Blue Line service. I-35W, I-94, I-394, and Hwy 55 are among the nearby transportation corridors, with quick access to I-394 ramps. US Bank Stadium is also described as minutes away.

Key Highlights

  • 5,181‑square‑foot standalone retail property
  • 0.13‑acre site
  • Built in 1901

Property Analytics

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Current Use

Cardtronics Atm

Suggested Use

Top Pick Electrical Service Locksmith Pet Grooming Service Auto Parts Store Veterinary Clinic (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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

10,378
Businesses Nearby
132k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Retail space - The property is presented for retail, dining, event, wellness, and other commercial concepts.
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 property; 0.13‑acre site; Built in 1901
(612) 428-3333 Call to check price and availability
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