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Four-Level Parking Garage

601 Nicollet Mall, Minneapolis, MN 55402

For Sale
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Fee-simple condominium interest in structured parking beneath a downtown mixed-use complex with retail and dining uses.

Property SizeContact for details
Days on Market65

Property Features for 601 Nicollet Mall

General Information

Standard status Active
Total Parking Spaces 374
Property subtype Special Purpose

Site & Location

Neighborhood Downtown West

Building Details

Stories 4
Listing Agency: Suntide Commercial Realty
Listed By: Kevin Peck · License MN #20587160
Source: Crexi
Added: Sep 11 Changed: Nov 3 Last Checked: Nov 12 at 6:40AM

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 Suntide Commercial Realty

Rey
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Investment Insights

Based on property information with market context.

This offering consists of a fee-simple interest in a condominium unit containing a four-level parking facility with 374 stalls. The structured garage is positioned below Gaviidae Common, a mixed-use downtown development in Minneapolis that combines retail, dining, and community-oriented services within the complex.

The property is part of Gaviidae Common, whose architectural design is credited to César Pelli and includes a prominent atrium and celestial ceiling treatment. The asset is located at 601 Nicollet Mall and provides ownership of the parking component within the larger condominium complex.

Key Highlights

  • 374‑stall parking facility
  • Four‑level structured garage
  • Fee‑simple interest in a condominium unit

Property Analytics

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Open Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Electrical Service Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Locksmith

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

12,784
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55402, MN

682
Population
564
Households
1.2
Avg Household Size
33
Median Age
60%
College-Educated
95%
High-School Grad
0.2 sq mi
ZIP Area
3,410
Density / Sq Mi
$69,808
Median Household Income
$51,399
Median Earnings
$1,650
Median Rent
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Fee-simple condominium interest in structured parking beneath a downtown mixed-use complex with retail and dining uses.
Where is this parking lot & garage located?
The property is located at 601 Nicollet Mall Minneapolis, MN.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: 374‑stall parking facility; Four‑level structured garage; Fee‑simple interest in a condominium unit
(651) 209-9637 Call to check price and availability
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