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Four-Unit Office Building
For Lease
$700-$2,500/Mo

635 N 3rd Street, Nicollet, MN 56074

COMMERCIAL, Nicollet, MN

Space SizeContact for details
Days on Market156

Property Features for 635 N 3rd Street

General Information

Property type Commercial Lease
Property subtype Other
Elementary school district Nicollet #507
Middle school district Nicollet #507
High school district Nicollet #507
Directions Drive from US-14 W to Nicollet. Take the County Hwy 23 exit from US-14 W Continue on MN-111. Drive to Pine St
Subdivision NICOLLET/JUDSON
Standard status Active
APN 17.682.0380
Size 3,280 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Block 14 "EX W44'" Lot 1 SubdivisionCd 17682 SubdivisionName ORIGINAL PLAT
Tax Annual Amount 2503
Legal Description Block 14 "EX W44'" Lot 1 SubdivisionCd 17682 SubdivisionName ORIGINAL PLAT

Utilities

Heating system Forced Air

Building Details

Year built 1975
Listing Agency: HOME RUN REALTY
Listed By: Dar Vosburg · License #20093521
Added: Mar 23 Changed: Aug 19 Last Checked: Aug 25 at 2:06PM
MLS# 7039753

Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property contains four separate office units within a 3,280-square-foot building constructed in 1975. The spaces are arranged as individual offices, with additional rental configurations available for the main floor alone or the main floor together with the basement. Forced-air heating serves the building.

The property is located at 635 N 3rd Street in Nicollet, Minnesota, within the downtown area. Its unit-based layout provides distinct office spaces within one commercial building, while the available main-floor and basement configurations offer additional flexibility for occupants seeking a larger footprint.

Key Highlights

  • Four separate office units within one building
  • 3,280 square feet of office property
  • Main‑floor and main‑floor‑with‑basement configurations available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Plumbing Service Auto Parts Store Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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
$0.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby

Demographics for 56074, MN

1,965
Population
729
Households
2.7
Avg Household Size
42
Median Age
23%
College-Educated
94%
High-School Grad
77.8 sq mi
ZIP Area
25
Density / Sq Mi
$91,397
Median Household Income
$43,750
Median Earnings
$858
Median Rent
$265,100
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Downtown office property with individually leased spaces and flexible main-floor and basement configurations.
Where is this office units located?
The property is located at 635 N 3rd Street Nicollet, MN.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: Four separate office units within one building; 3,280 square feet of office property; Main‑floor and main‑floor‑with‑basement configurations available
More about this property
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