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Retail Space on Washington Avenue
For Lease
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501-511 S Washington Ave, Minneapolis, MN

1,821 SF retail space available now on Washington Avenue.

Space Size1,821 SF
Lot Size7,340.00 Acres
Days on Market271

Property Features for 501-511 S Washington Ave

General Information

Standard status Active
Size 1,821 SF
Lot size 7,340.00 Acres
Property subtype OFFICE

Spaces For Lease

at 501-511 S Washington Ave Contact us

Retail Space for Lease

Floor
1
Size
1,821 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NET_NNN
Availability
AVAILABLE, Now
Sublease
No
• Strong visibility along Washington Avenue • Centrally located in Downtown...
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Contact us

Office Space for Lease

Floor
3
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Strong visibility along Washington Avenue • Centrally located in Downtown...
show more
Contact us
Listing Agency: Assembly MN LLC
Listed By: Chelsea Hill
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 20 Last Checked: Aug 21 at 3:28PM

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

Investment Insights

Based on property information with market context.

This 1,821 square foot retail space is located along Washington Avenue, diagonally across from The Depot and a city-owned parking ramp. The space features a drop ceiling and two entrances, one interior and one exterior, as well as one restroom. It faces Washington Avenue and is available immediately. Building signage and guest parking are available. The space was formerly occupied by a tanning salon and is suitable for a retail or office user. Caribou Coffee, Crooked Pint Ale House restaurant, CorePower, and Subway are located on the first floor, with The Bazemnt Lounge on the lower level. Office space is also available within the building.

Key Highlights

  • Prime location on Washington Avenue, diagonal from The Depot and city parking ramp.
  • Immediate availability of a 1,821 square foot space.
  • High‑traffic area with established businesses like Caribou Coffee and Subway on the first floor.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Electrical Service Veterinary Clinic HVAC Service Garden Center

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

11,063
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 74% Shops & Services 17% Dining 9%
Renaissance Minneapolis Hotel, the Depot Hotels & Casinos
15,872 visits/mo 0.2 miles
Moxy Hotels Hotels & Casinos
9,936 visits/mo 0.3 miles
Residence Inn by Marriott Minneapolis Downtown at The Depot Hotels & Casinos
7,558 visits/mo 0.2 miles
Wells Fargo Shops & Services
7,070 visits/mo 0.4 miles
Best Western Plus The Normandy Inn & Suites Hotels & Casinos
5,478 visits/mo 0.4 miles

Market

Lease Benchmarks for Minneapolis, MN

$16.25 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
8,519 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1,821 SF retail space available now on Washington Avenue.
Where is this retail space located?
The property is located at 501-511 S Washington Ave Minneapolis, MN.
What are key features of this property?
This property features: Prime location on Washington Avenue, diagonal from The Depot and city parking ramp.; Immediate availability of a 1,821 square foot space.; High‑traffic area with established businesses like Caribou Coffee and Subway on the first floor.
(612) 210-5412 Call to check price and availability
More about this property
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