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Multi-Tenant Office Building
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3137 Hennepin Ave, Minneapolis, MN 55408

Professional office property with recent building-system upgrades, security features, and one suite available for occupancy.

Property SizeContact for details
Days on Market86

Property Features for 3137 Hennepin Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype OFFICE

Amenities

security system

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Ankrum Commercial Real Estate, LLC
Listed By: Barbara A Ankrum
Source: Moodyscre
Added: Jun 11 Changed: Aug 30 Last Checked: Sep 1 at 11:54PM

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 Ankrum Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This multi-tenant office building in Minneapolis includes one vacant suite alongside leased office space occupied by established long-term tenants. Recent capital work includes a new roof and siding completed in 2025, a new water service line installed in 2025, and furnace replacements completed in 2017. The property also has a security system and a professional setting suited to office occupancy.

Tenant parking includes four spaces: three assigned spaces and one shared space. The available suite provides an owner-user or leasing option within an existing multi-tenant office property on Hennepin Avenue.

Key Highlights

  • New roof and siding completed in 2025
  • New water service line installed in 2025
  • Furnaces replaced in 2017

Property Analytics

Current Use

Ajayi Psychological Services ... Physician Rogness Jodi Ms ... Physician Jacquline L. Dexter, ... Physician Chelsea Wagner Psychotherapy Physician Dr. Alex Ajayi Physician

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

2,831
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 - Professional office property with recent building-system upgrades, security features, and one suite available for occupancy.
Where is this office building located?
The property is located at 3137 Hennepin Ave Minneapolis, MN.
What are key features of this property?
This property features: New roof and siding completed in 2025; New water service line installed in 2025; Furnaces replaced in 2017
(651) 482-9668 Call to check price and availability
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