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Ground-Floor Retail Space
For Lease
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314 1st Ave N, Minneapolis, MN 55401

Ground-floor retail space with available basement space for lease in the same building.

Space Size3,627 SF
Days on Market1441

Property Features for 314 1st Ave N

General Information

Standard status Active
Size 3,627 SF
Property subtype RETAIL

Site & Location

Neighborhood Downtown West

Spaces For Lease

at 314 1st Ave N
Retail Space for Lease AVAILABLE, Now
Floor 1
Size 3,627 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
Amazing ground floor space. 3,800 SF basement that could be leased along with the ground floor space. Building is also for sale so this would be great ground floor retail space for an owner-occupier.
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Listing Agency: Assembly MN LLC
Listed By: Nicholas Peterson
Source: Moodyscre
Added: Nov 19, 2022 Changed: Oct 25 Last Checked: Oct 28 at 10:52AM

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

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Investment Insights

Based on property information with market context.

This ground-floor retail space offers the option to lease additional basement space totaling 3,800 square feet. The offering includes storefront-level space plus a basement that could be leased together with the ground floor.

The property is located at 314 1st Ave N in Minneapolis, MN, and is being marketed for lease. The building is also listed for sale, which may appeal to owner-occupiers seeking to combine occupancy with ownership.

Available as presented, the space configuration supports either a ground-floor retail setup or an expanded layout with the basement included.

Key Highlights

  • Ground‑floor retail space available
  • Includes 3,800 SF basement that could be leased
  • Basement space is in the same building as the ground‑floor space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brick x Mortar Coworking & Hybrid Office Polly Meyer Executive ... Consultant The After Midnight Group Corporate Office K2 & CO Marketing & Advertising Creative Copilot Film Production

Suggested Use

Top Pick Electrical Service Pet Grooming Service Locksmith Butcher Veterinary Clinic (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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,378
Businesses Nearby
132k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 43% Superstores 31% Shops & Services 22% Dining 4%
Target Superstores
40,271 visits/mo 0.3 miles
Holiday Station Store Shops & Services
24,887 visits/mo 0.4 miles
Embassy Suites By Hilton Minneapolis Downtown Hotels & Casinos
22,460 visits/mo 0.3 miles
Renaissance Minneapolis Hotel, the Depot Hotels & Casinos
15,872 visits/mo 0.5 miles
Hampton Inn & Suites Minneapolis/Downtown Hotels & Casinos
10,010 visits/mo 0.4 miles

Demographics for 55401, MN

12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
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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  • Lhoriya Florist — 416 N 3rd St, Minneapolis, MN 55401
  • Chary Leon — 420 S 4th St, Minneapolis, MN 55415

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor retail space with available basement space for lease in the same building.
Where is this storefront property located?
The property is located at 314 1st Ave N Minneapolis, MN.
What are key features of this property?
This property features: Ground‑floor retail space available; Includes 3,800 SF basement that could be leased; Basement space is in the same building as the ground‑floor space
(612) 205-5690 Call to check price and availability
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