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Prime Retail and Office Space
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312 Central Ave SE, Minneapolis, MN 55414

Retail and office spaces near Central Avenue and I-35W.

Space Size173 SF - 2,990 SF
Property Size80,064 SF
Days on Market786

Property Features for 312 Central Ave SE

General Information

Standard status Active
Size 173 SF - 2,990 SF
Class C
Property subtype Retail, Office

Building Details

Building Size 80,064 SF
Year Built 1974
Tenancy Multiple

Spaces For Lease

at 312 Central Ave SE Contact us

Suite 101

Size
2,323 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 392

Size
2,990 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 512

Size
787 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 376

Size
1,151 SF
Type
Office, Retail
Lease Type
Net
Availability
Active
Contact us

Suite 386

Size
403 SF
Type
Office, Retail
Availability
Active
Contact us

Suite 508

Size
1,430 SF
Type
Office, Retail
Availability
Active
Contact us

Suite 533

Size
173 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Kenwood Commercial
Listed By: Holly Becker · License #MN 40874574
Source: Crexi
Added: Jul 9, 2024 Changed: Aug 21 Last Checked: Aug 31 at 12:42AM

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 Kenwood Commercial

Investment Insights

Based on property information with market context.

Located just off Central Avenue SE, this property offers a 2,300 RSF retail/restaurant space along with flexible spaces on the upper floors. A contiguous space of 4,544 RSF is available on the 3rd floor. Tenants have access to large conference rooms. The location provides easy access to I-35W via SE 4th Street and University Avenue SE. Situated within walking distance of various amenities, including Lunds Market, Caribou Coffee, Chipotle, Aster Cafe, Jefe Urban Cocina, Restaurant Alma, Surdyk’s, Kramarczuk’s, and Nicollet Island Inn, the property is also near multiple walking and biking paths along the water. Ample parking is available in a dedicated surface lot, with a ratio of 1.35/1,000 SF. The building is the home of Union Bank & Trust.

Key Highlights

  • Prime location off Central Avenue SE, near dining, art, and entertainment.
  • Easy access to I‑35W via SE 4th Street and University Avenue SE.
  • Ample parking in dedicated surface lot (1.35/1,000 SF).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Nail Salon Hair Salon Auto Repair Shop HVAC Service

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

4,227
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$16.25 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
8,316 SF
Avg Space Size

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?
Retail space - Retail and office spaces near Central Avenue and I-35W.
Where is this retail space located?
The property is located at 312 Central Ave SE Minneapolis, MN.
What are key features of this property?
This property features: Prime location off Central Avenue SE, near dining, art, and entertainment.; Easy access to I‑35W via SE 4th Street and University Avenue SE.; Ample parking in dedicated surface lot (1.35/1,000 SF).
(651) 666-8516 Call to check price and availability
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