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Hennepin Avenue Leased Investment Opportunity
For Sale
$2,950,000

3032-3038 Hennepin Ave, Minneapolis, MN 55408

Fully leased investment property near retailers, apartments, and transportation.

Property Size30,523 SF
Price / SF$98,333
Days on Market344

Property Features for 3032-3038 Hennepin Ave

General Information

Standard status Active
Size 30,523 SF
Class B
Property subtype Office

Building Details

Building Size 30,523 SF
Listing Agency: Lee & Associates
Listed By: Kai Thomsen
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 14 Last Checked: Aug 14 at 9:08AM

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 Lee & Associates

Investment Insights

Based on property information with market context.

This investment property is 100% leased and situated near numerous retailers and new apartments. Parking is available via a ramp and street parking. The location benefits from access to active MTC lines. It is in close proximity to Bde Maka Ska lake and bike trails, and is located minutes away from downtown Minneapolis, Highway 100, and I-394. The property size is 30.

Key Highlights

  • 100% Leased INVESTMENT OPPORTUNITY
  • Located near numerous retailers and new apartments
  • On active MTC lines

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Locksmith Bakery Home Appliance Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,872
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased investment property near retailers, apartments, and transportation.
Where is this office building located?
The property is located at 3032-3038 Hennepin Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 100% Leased INVESTMENT OPPORTUNITY; Located near numerous retailers and new apartments; On active MTC lines
More about this property
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