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    Modern Office Space Near Greenway Title is generated by Realmo AI

    2913 Harriet Ave, Minneapolis, MN

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    Two-story office space with parking near Midtown Greenway.

    Type:OFFICE
    Property size:
    7,438 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $181/SF
    Added:
    May 12, 2025
    Days on Market:
    420
    Last Refresh:
    May 19 at 9:24 pm

    Property Features for 2913 Harriet Ave

    General Information

    Standard status
    Active
    Size
    7,438 SF
    Lot size
    0.24 Acres
    Property subtype
    OFFICE

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    Michael Pink

    Listing office Assembly MN LLC

    Listing date May 12, 2025

    Source Moodyscre

    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 Assembly MN LLC

    HighLights

    • Turnkey modern office space over two floors.
    • 13 on‑site parking spaces.
    • Located next to the Midtown Greenway with easy access to 35W and I94.
    • Demisable into two separate suites or single tenant occupancy.
    • Multiple conference rooms and large flex room.
    • Two kitchenettes and four bathrooms (one with shower).

    Overview

    This modern office space features an open and airy design spread across two floors. The property includes 13 on-site parking spaces and is located a few feet from the Midtown Greenway, providing convenient access to 35W and I94. The turnkey property is suitable for single tenant occupancy or can be easily divided into two separate suites. It features multiple conference rooms of varying sizes, including one with an operable garage door. A large flex room can be used as an open office, training center, classroom, or presentation space. There are two kitchenettes, one with ample sit-down dining space and an adjacent operable partial glass garage door. The property also includes four bathrooms, one of which has a shower. The surrounding neighborhood offers a variety of amenities, including restaurants, coffee shops, and retail options.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $155.3k $20.88
    − Vacancy −$31.4k −$4.22
    EGI $123.9k $16.66
    − OpEx −$31.0k −$4.17
    NOI $93.0k $12.50
    7,438 SF · lease $20.88/SF/yr · vacancy 20.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $92,950 @ 7.0% cap · market cap 6.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.77M
    $1.55M – $2.07M (±1% cap)
    NOI $124,219 @ 7.0% cap · market cap 9.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Livefront (Bike/Boat/Book/etc) Store Dr Aaron Physician Jeremy Quinby Alternative Medicine Practice

    Suggested Use

    Dental Office Pet Grooming Service Nursing Home HVAC Service (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Restaurant Garden Center Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2852
    Latitude
    44.9497

    FAQs

    What type of property is this?
    Office units - Two-story office space with parking near Midtown Greenway.
    Where is this office units located?
    The property is located at 2913 Harriet Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Turnkey modern office space over two floors.; 13 on‑site parking spaces.; Located next to the Midtown Greenway with easy access to 35W and I94.
    (612) 281-4604 Call to check price and availability
    More about this property
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