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700 On the Mall Minneapolis, MN

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For Sale
$4,800,000

Land lease opportunity in the heart of downtown Minneapolis.

Type:LAND
Lot size:
0.27 Acres
Added:
Sep 23, 2025
Days on Market:
191
Last Refresh:
Mar 29 at 8:18 pm

Property Features for 700 On the Mall

General Information

Standard status
Active
Lot size
0.27 Acres
Property subtype
LAND

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Listing Contact
Robert Pounds

Listing agent Robert Pounds

Listing office Newmark

Listing date Sep 23, 2025

Source Moodyscre

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 Newmark


Overview

Downtown Minneapolis Land Lease Opportunity

This offering presents the F.W. Knoblauch Ground Lease opportunity, consisting of two parcels located on the corner of Nicollet Mall and 8th Street in downtown Minneapolis. The property is situated under the 416,000 square foot RSM Plaza and an 867-stall parking ramp. The two parcels include an 11,880 square foot parcel fronting 8th Street and a 1,760 square foot parcel fronting Nicollet Mall. The lease term expires in 2113 and has a first lien position, with rental adjustments scheduled every 10 years.
Location Intelligence

Current Use by Public Records

Winston's Barbershop Hair Salon

Suggested Use

Real Estate Agency Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Minneapolis
County
Anoka
State
Minnesota
Longitude
-93.2694
Latitude
44.9837

FAQs

What type of property is this?
Land - Land lease opportunity in the heart of downtown Minneapolis.
Where is this land located?
The property is located at 700 On the Mall Minneapolis, MN.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Located on the corner of Nicollet Mall and 8th Street in downtown Minneapolis.; Sits under the 416,000 SF RSM Plaza and 867‑stall parking ramp.; Two parcels totaling 13,640 SF (11,880 SF fronting 8th Street and 1,760 SF fronting Nicollet Mall).
More about this property
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