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Retail Building for Sale
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Pending

501-505 First Avenue NE, Minneapolis, MN 55413

For sale retail building totaling 33,141 SF at 501-505 First Avenue NE in Minneapolis.

Property Size33,141 SF
Days on Market132

Property Features for 501-505 First Avenue NE

General Information

Standard status Pending
Size 33,141 SF
Property subtype Retail, Office
Listing Agency: JLL - Minneapolis, Minnesota
Listed By: Brent Robertson · License #MN 20454404
Source: Crexi
Added: Apr 13 Changed: Aug 14 Last Checked: Aug 21 at 7:27AM

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 JLL - Minneapolis, Minnesota

Investment Insights

Based on property information with market context.

This for-sale retail building is offered as a total of 33,141 SF and is presented as a retail-focused commercial asset.

The property is located at 501-505 First Avenue NE in Minneapolis, Minnesota.

Interested parties should confirm the current interior layout and any unit configuration details with the listing broker, as they are not provided in the available information.

Key Highlights

  • Retail building for sale totaling 33,141 SF
  • Located at 501‑505 First Avenue NE in Minneapolis

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nail Salon Pharmacy HVAC Service Auto Parts Store Locksmith Pet Grooming Service

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

1,583
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 20% Beauty & Spa 12%
White Castle Dining
13,366 visits/mo 0.2 miles
Circle K Shops & Services
6,083 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
5,117 visits/mo 0.2 miles
Aveda Institute Beauty & Spa
4,573 visits/mo 0.2 miles
Noodles & Company Dining
4,344 visits/mo 0.2 miles

Demographics for 55413, MN

13,914
Population
8,080
Households
1.7
Avg Household Size
34
Median Age
58%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
4,488
Density / Sq Mi
$84,252
Median Household Income
$57,091
Median Earnings
$1,497
Median Rent
$354,200
Median Home Value

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail building totaling 33,141 SF at 501-505 First Avenue NE in Minneapolis.
Where is this retail space located?
The property is located at 501-505 First Avenue NE Minneapolis, MN.
What are key features of this property?
This property features: Retail building for sale totaling 33,141 SF; Located at 501‑505 First Avenue NE in Minneapolis
(612) 968-5441 Call to check price and availability
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