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    2021 Hennepin Ave Minneapolis, MN 55413

    Sponsored
    For Sale
    Contact for pricing

    95,500 SF Minneapolis Office Space

    Property size:
    95,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 95,500 square foot office building, located at 2021 E Hennepin Ave in Minneapolis, MN 55413, presents a unique owner/user opportunity. Built in 1923, this five-story, single-building property boasts a prime location in the heart of the Twin Cities, offering easy access to both Minneapolis and Saint Paul downtowns. The building's convenient access to major highways, including I-35, I-94, MN 36, and MN 280, ensures seamless commutes for employees and clients. Beyond its strategic location, the property benefits from its proximity to a vibrant array of amenities. Enjoy nearby independent art galleries, diverse dining options, specialty coffee shops, micro-breweries, distilleries, and entertainment venues. The Quarry Retail District, featuring major retailers such as Target, Cub Foods, Home Depot, and PetSmart, is also within close proximity. Building amenities include two large common conference rooms and a full concierge service, enhancing the overall tenant experience. Furthermore, a METRO Transit bus stop is conveniently located on East Hennepin Avenue, providing easy access to public transportation. This property offers a blend of classic charm and modern convenience, making it an ideal investment for discerning businesses. The APN is 18-029-23-33-0046.

    Property Features for 2021 Hennepin Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    95,500 SF

    Building Details

    Year Built
    1923
    Buildings
    1
    Stories
    5

    HighLights

    • Prime Twin Cities location, near both Minneapolis and Saint Paul downtowns.
    • Excellent highway access via I‑35, I‑94, MN 36, and MN 280.
    • Walkable to diverse local amenities including restaurants, breweries, and entertainment.
    • Near major retailers at the Quarry Retail District (Target, Cub Foods, Home Depot, etc.).
    • Building features include two large conference rooms and concierge service.
    • Convenient METRO Transit bus access on East Hennepin.
    Property Profile Location Intelligence

    Current Use by Public Records

    Twin Cities Pride Festival Freeman Mark J Attorney Nirenstein David O Lawyer MSP Home Health ... Home Health Care Service Common Properties Management ... Property Management Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2237323
    Latitude
    44.9918017

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    FAQs

    What type of property is this?
    Office Property / Space - 95,500 SF Minneapolis Office Space
    Where is this office property / space located?
    The property is located at 2021 Hennepin Ave Minneapolis, MN.
    What are key features of this property?
    This property features: Prime Twin Cities location, near both Minneapolis and Saint Paul downtowns.; Excellent highway access via I-35, I-94, MN 36, and MN 280.; Walkable to diverse local amenities including restaurants, breweries, and entertainment.
    (612) 240-7967
    Request Owner's contact information
    2021 Hennepin Ave Minneapolis, MN 55413
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    Minneapolis, MN 55413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2021 Hennepin Ave Minneapolis, MN 55413
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