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Street-Level Retail Condo Unit
For Lease
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2640-2650 Nicollet Ave, Minneapolis, MN 55408

Street-level main-floor retail condo space in a 2019 apartment building with hood-ready venting and walk-in refrigeration.

Space Size7,745 SF
Days on Market420

Property Features for 2640-2650 Nicollet Ave

General Information

Standard status Active
Size 7,745 SF
Net Rentable 7,745 SF
Total Parking Spaces 20
Property subtype RETAIL
Zoning CM2

Space & Availability

Available Space 7,745 SF
Contiguous Space 7,745 SF
Floor Ground
Space Use Retail

Additional Details

CAM $2.00 /USD/SF/YR

Amenities

Walk-In Refrigerator and Freezer
Glass Pack Bay Doors for Indoor/Outdoor Concepts
Hood Ready with Sleeve in Place for Venting

Building Details

Year Built 2019
Tenancy Multi

Spaces For Lease

at 2640-2650 Nicollet Ave Contact us

Good Dwelling Retail Condo for Lease or Sale

Floor
1
Size
7,745 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE
Sublease
No
Street-level retail condo unit available in the heart of "Eat Street" on Nicollet...
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Listing Agency: Grand Real Estate Advisors
Listed By: Edward (Ted) J LaFave
Source: Moodyscre
Added: Jul 21, 2025 Changed: Sep 2 Last Checked: Sep 12 at 7:20AM

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 Grand Real Estate Advisors

Investment Insights

Based on property information with market context.

Street-level retail condo unit available within the Good Dwelling apartment building, occupying the entire main floor. The building includes 80 apartment units and is built in 2019. The space is described as hood ready with a sleeve in place for venting, and it also includes a walk-in refrigerator and freezer. There are glass pack bay doors for indoor/outdoor concepts.

The property is located on Nicollet Avenue in the “Eat Street” area. A 20-stall surface parking lot is included. The listed zoning is Corridor Mixed-Use (CM2).

Operational details noted in the materials include 2025 operating expenses estimated at $2.00/SF and a gross building area of 7,745 square feet for the unit.

Key Highlights

  • Street‑level retail condo: entire main floor of the Good Dwelling apartment building (80 total units)
  • 7,745 gross SF; built in 2019
  • Hood‑ready with sleeve in place for venting

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Pet Grooming Service Pet Store & Service Tanning Salon Pet Store (Bike/Boat/Book/etc) Store Clothing & Fashion 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,918
Businesses Nearby
151k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 18% Groceries 14% Apparel 3%
McDonald's Dining
26,957 visits/mo 0.4 miles
Aldi Groceries
21,610 visits/mo 0.5 miles
McDonald's Dining
19,069 visits/mo 0.4 miles
Taco Bell Dining
19,009 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,867 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Street-level main-floor retail condo space in a 2019 apartment building with hood-ready venting and walk-in refrigeration.
Where is this storefront property located?
The property is located at 2640-2650 Nicollet Ave Minneapolis, MN.
What are key features of this property?
This property features: Street‑level retail condo: entire main floor of the Good Dwelling apartment building (80 total units); 7,745 gross SF; built in 2019; Hood‑ready with sleeve in place for venting
(612) 875-3858 Call to check price and availability
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