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Retail and Office Building
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2639-2641 Nicollet Ave, Minneapolis, MN 55408

Well-appointed retail and office building with recently renovated interiors and flexible floor plans.

Space Size1,800 SF
Days on Market517

Property Features for 2639-2641 Nicollet Ave

General Information

Standard status Active
Size 1,800 SF
Property subtype RETAIL

Site & Location

Neighborhood Powderhorn
Highway Access Yes

Amenities

stylish lobby
conference rooms
break areas

Spaces For Lease

at 2639-2641 Nicollet Ave
Nicollet Avenue Retail/Office for Lease $15/SF/Yr
Floor 1
Size 1,800 SF
Type RETAIL
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
This meticulously designed and well-appointed retail/office building along Nicollet Avenue offers excellent visibility, a modern and professional environment, flexible floor plans accommodate diverse business needs, easy access to I-35W and I-94, and is surrounded by a vibrant and diverse mix of fabulous dining options, offices, retail establishments, and residential neighborhoods. Prime Location: Situated in the bustling core of Minneapolis, offering easy access to key retail, dining, and entertainment venues. The building is conveniently positioned near major highways and public transportation, making it easily accessible for both employees and customers. Modern Amenities: Recently renovated with modern finishes, the property offers a comfortable, professional environment with upgraded HVAC systems, energy-efficient lighting, high speed internet connectivity, and secure entry points. Shared common areas include a stylish lobby, conference rooms, and break areas. Parking & Accessibility: Ample on-site parking is available for both tenants and visitors, ensuring ease of access. The building is also accessible by public transportation, further increasing convenience for employees and clients. Versatile Space: The building features a mix of retail and office space, ideal for a range of tenants—from startups to established businesses. Flexible floor plans accommodate diverse business needs, providing space configurations for both individual offices and collaborative environments. High Visibility & Foot Traffic: Located in a densely populated area with significant pedestrian and vehicle traffic, tenants benefit from enhanced visibility and exposure to a broad customer base. The property’s storefronts are perfect for businesses looking to attract attention and grow their brand.
Contact us
Listing Agency: Suntide Commercial Realty, Inc.
Listed By: David Lund · License #MN 40468728
Source: Moodyscre
Added: Jun 1, 2025 Changed: Oct 25 Last Checked: Oct 28 at 9:13AM

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 Suntide Commercial Realty, Inc.

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Investment Insights

Based on property information with market context.

2639–2641 Nicollet Ave is a retail and office building offering a modern, professional environment and flexible floor plans designed to accommodate a range of business needs. The property was recently renovated with modern finishes and includes shared common areas such as a lobby, conference rooms, and break areas.

The building is positioned along Nicollet Avenue with access to major nearby highways, including I-35W and I-94. Ample on-site parking is available for tenants and visitors, and public transportation access is also described.

Additional in-building features noted in the remarks include upgraded HVAC, energy-efficient lighting, high-speed internet connectivity, and secure entry points.

Key Highlights

  • Retail/office building on Nicollet Avenue with flexible floor plans for a mix of tenants and office or retail configurations
  • Recently renovated interiors with upgraded HVAC systems and energy‑efficient lighting
  • Secure entry points plus shared amenities including a stylish lobby, conference rooms, and break areas

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Pet Grooming Service Pet Store & Service Tanning Salon Pet 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,918
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,215 SF
Avg Space Size

This space is priced 5% below the average of $15.8 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Well-appointed retail and office building with recently renovated interiors and flexible floor plans.
Where is this retail space located?
The property is located at 2639-2641 Nicollet Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Retail/office building on Nicollet Avenue with flexible floor plans for a mix of tenants and office or retail configurations; Recently renovated interiors with upgraded HVAC systems and energy‑efficient lighting; Secure entry points plus shared amenities including a stylish lobby, conference rooms, and break areas
(651) 354-5637 · Office Call to check price and availability
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