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Prime Corner Retail/Salon Space

605 Central Ave NE, Minneapolis, MN

For Lease
Contact for pricing

Fully built-out salon in Northeast Arts District.

Space Size6,400 SF
Lot Size0.27 Acres
Days on Market526

Property Features for 605 Central Ave NE

General Information

Standard status Active
Size 6,400 SF
Lot size 0.27 Acres
Property subtype RETAIL

Site & Location

Neighborhood Downtown West

Spaces For Lease

at 605 Central Ave NE
Beautiful Stand Alone Retail Building for Lease or Sale in Northeast AVAILABLE
Floor 1
Size 6,400 SF
Type RETAIL
Rate Contact for pricing
Sublease No
Gorgeous fully-built out salon with huge windows and tall ceilings on a prominent corner in the Northeast Arts District. Multiple entrance opportunities offer flexibility for an owner-user or a multi-tenant option. The building has outstanding visibility on 2 major thoroughfares and easy street parking. Perfect for a salon, retail, health/wellness, fitness, art gallery, creative office.
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Listing Agency: Assembly MN LLC
Listed By: Merrie Sjogren
Source: Moodyscre
Added: Jun 3, 2025 Changed: Aug 8 Last Checked: Nov 8 at 4:05AM

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

Rey
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Investment Insights

Based on property information with market context.

This 6,400 square foot property is a fully built-out salon located on a prominent corner in the Northeast Arts District. It features large windows and tall ceilings. The property offers multiple entrance opportunities, providing flexibility for either an owner-user or a multi-tenant setup. Situated on the corner of two major thoroughfares, the building benefits from outstanding visibility and easy street parking. The property is suitable for a variety of uses including salon, retail, health/wellness, fitness, art gallery, or creative office.

Key Highlights

  • Prominent corner location in the Northeast Arts District.
  • Fully built‑out salon space ready for immediate use.
  • Multiple entrance opportunities for owner‑user or multi‑tenant options.

Property Analytics

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

Current Use

Retail space

Suggested Use

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

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

10,653
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 48% Superstores 40% Dining 7% Shops & Services 4%
Target Superstores
40,271 visits/mo 0.4 miles
Embassy Suites By Hilton Minneapolis Downtown Hotels & Casinos
22,460 visits/mo 0.4 miles
Renaissance Minneapolis Hotel, the Depot Hotels & Casinos
15,872 visits/mo 0.3 miles
Residence Inn by Marriott Minneapolis Downtown at The Depot Hotels & Casinos
7,558 visits/mo 0.4 miles
TownePlace Suites by Marriott Minneapolis Downtown/North Loop Hotels & Casinos
3,027 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Minneapolis, MN

$15.52 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
6,979 SF
Avg Space Size

Properties on Market for Retail space in Minneapolis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Fully built-out salon in Northeast Arts District.
Where is this retail space located?
The property is located at 605 Central Ave NE Minneapolis, MN.
What are key features of this property?
This property features: Prominent corner location in the Northeast Arts District.; Fully built‑out salon space ready for immediate use.; Multiple entrance opportunities for owner‑user or multi‑tenant options.
(612) 308-9179 · Office Call to check price and availability
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