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Downtown Minneapolis Restaurant Ready Space
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86 South 9th Street, Minneapolis, MN 55402

Second-generation restaurant space in bustling downtown Minneapolis.

Space Size1,547 SF
Property Size22,693 SF
Days on Market412

Property Features for 86 South 9th Street

General Information

Standard status Active
Size 1,547 SF
Property subtype Retail

Site & Location

Neighborhood Downtown West

Building Details

Building Size 22,693 SF

Spaces For Lease

at 86 South 9th Street
1,547 SF Available | 2nd Generation Restaurant Space
Size 1,547 SF
Term Negotiable
Rate Contact for pricing
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Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Brady Whalen
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Oct 27 Last Checked: Oct 26 at 1:45PM

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 Mid-America Real Estate-Minnesota LLC

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Investment Insights

Based on property information with market context.

Located in downtown Minneapolis within the Metro Apartment building, this second-generation restaurant space presents an opportunity for a restaurant. The space is situated on the ground level and is skyway connected. A parking ramp is available for vehicle traffic. Existing equipment, including a hood system, flat top, and fryers, are in place and available for sale by the owner. The property is near the IDS Center, Foshay Tower, and Nicollet Mall. Area retailers include Target, Manny’s Steakhouse, and Ruth’s Chris Steakhouse. Other co-tenants in the building include Hell's Kitchen, the Melting Pot, and Jimmy John's. The property's location offers proximity to dining destinations.

Key Highlights

  • Second‑generation restaurant space significantly reduces build‑out costs with existing equipment available.
  • Prime downtown Minneapolis location within the Metro Apartment building, guaranteeing high foot traffic.
  • Skyway connection and parking ramp access provide convenient accessibility for customers.

Property Analytics

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

Current Use

Hell's Cafeteria Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Locksmith Home Appliance 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

Location Intelligence

Trade Area within ½ mile

11,939
Businesses Nearby
69k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 70% Shops & Services 18% Dining 12%
Embassy Suites By Hilton Minneapolis Downtown Hotels & Casinos
22,460 visits/mo 0.2 miles
Hampton Inn & Suites Minneapolis/Downtown Hotels & Casinos
10,010 visits/mo 0.3 miles
Wells Fargo Shops & Services
7,070 visits/mo 0.4 miles
Hilton Garden Inn Minneapolis Downtown Hotels & Casinos
6,441 visits/mo 0.4 miles
Pizza Hut Dining
5,770 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Similar Off Market Nearby

  • Kelber Catering Inc — 1301 2nd Ave S, Minneapolis, MN 55403
  • Nosh and Gather — 1200 S Marquette Ave, Minneapolis, MN 55403
  • Midwest Catering — 1200 2nd Ave S 4th floor, Minneapolis, MN 55403
  • Monona Catering LLC — 1301 2nd Ave S, Minneapolis, MN 55404
  • La Belle Crepe Catering — 825 Nicollet Mall suite 100, Minneapolis, MN 55402

Frequently Asked Questions

What type of property is this?
Restaurant - Second-generation restaurant space in bustling downtown Minneapolis.
Where is this restaurant located?
The property is located at 86 South 9th Street Minneapolis, MN.
What are key features of this property?
This property features: Second‑generation restaurant space significantly reduces build‑out costs with existing equipment available.; Prime downtown Minneapolis location within the Metro Apartment building, guaranteeing high foot traffic.; Skyway connection and parking ramp access provide convenient accessibility for customers.
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