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Four-Story LEED Silver Office Building
For Lease
Contact for pricing

533 South 3rd Street, Minneapolis, MN 55415

Four-story office building with brick exterior, exposed steel structure, and highly flexible floor plates.

Space Size5,085 SF - 5,225 SF
Days on Market42

Property Features for 533 South 3rd Street

General Information

Standard status Active
Size 5,085 SF - 5,225 SF
Property subtype Office

Amenities

building commons
bike-friendly features
skyway access
convenient access to East Town's public greenspace, The Commons

Building Details

Stories 4
Construction exposed steel structure, brick exterior

Spaces For Lease

at 533 South 3rd Street Contact us

Suite 201

Size
5,085 SF
Type
Office
Availability
Available
Contact us

Suite 301

Size
5,225 SF
Type
Office
Availability
Available
Contact us
Listed By: Jim Freytag
Source: Cbre
Added: Jul 24 Changed: Sep 3 Last Checked: Sep 2 at 1:58PM

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 Jim Freytag

Investment Insights

Based on property information with market context.

The Millwright Building is a four-story office building designed to balance exposed structural character with modern workplace functionality. The brick exterior and exposed steel structure pair with extremely flexible floor plates, supporting a range of office layouts. The property is LEED Certified Silver, with building commons and bike-friendly features intended to support daily tenant needs.

The building also offers skyway access and convenient access to East Town’s public greenspace. The property is located at 533 3rd St S in Minneapolis, MN 55415.

As a purpose-built office asset with flexible floor plates and commuter-oriented amenities, the Millwright Building is positioned to serve tenants seeking adaptable space within a maintained, multi-story commercial setting.

Key Highlights

  • Four‑story office building totaling 174,000 SF
  • Brick exterior with exposed steel structure
  • Extremely flexible floor plates

Property Analytics

Current Use

Provation (Bike/Boat/Book/etc) Store Rally Health (Bike/Boat/Book/etc) Store Millwright Corporate Office Ryan Companies US, ... Construction Company 121 South 8th Consultant

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Electrical Service Tattoo & Piercing Shop

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

6,373
Businesses Nearby

Demographics for 55415, MN

5,435
Population
3,124
Households
1.7
Avg Household Size
37
Median Age
70%
College-Educated
96%
High-School Grad
0.4 sq mi
ZIP Area
13,588
Density / Sq Mi
$126,480
Median Household Income
$75,568
Median Earnings
$1,836
Median Rent
$581,500
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$18.64 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
33,175 SF
Avg Space Size

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 - Four-story office building with brick exterior, exposed steel structure, and highly flexible floor plates.
Where is this office building located?
The property is located at 533 South 3rd Street Minneapolis, MN.
What are key features of this property?
This property features: Four‑story office building totaling 174,000 SF; Brick exterior with exposed steel structure; Extremely flexible floor plates
More about this property
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