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Minneapolis North Loop Office Space
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114 N 3rd St, Minneapolis, MN 55401

Office space in the heart of Minneapolis North Loop.

Space Size700 SF - 4,600 SF
Property Size53,068 SF
Days on Market809

Property Features for 114 N 3rd St

General Information

Standard status Active
Size 700 SF - 4,600 SF
Property subtype Office

Building Details

Building Size 53,068 SF
Year Built 1908
Tenancy Multiple

Spaces For Lease

at 114 N 3rd St Contact us

Suite 200

Size
4,600 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 305

Size
700 SF
Type
Office
Availability
Active
Contact us

Suite 325

Size
1,825 SF
Type
Office
Availability
Active
Contact us

Suite 450

Size
1,200 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Kenwood Commercial
Listed By: Michael Doyle · License #MN
Source: Crexi
Added: Jun 5, 2024 Changed: Aug 19 Last Checked: Aug 21 at 9:52PM

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 in the heart of the Minneapolis North Loop, this commercial real estate offers office units and spaces within walking distance of sports, art, dining, and entertainment venues. The property features historic architectural elements, including high ceilings, wood floors, and exposed brick. It is situated two blocks from Minneapolis’ famed bike lane and trail system and is in close proximity to the Mississippi River and green spaces.

Key Highlights

  • Prime North Loop location: Walkable to sports, art, dining, and entertainment.
  • Historic architectural features: Enjoy high ceilings, wood floors, and exposed brick.
  • Close to Minneapolis bike lane and trail system.

Property Analytics

Current Use

JOYCE Advertising Agency

Suggested Use

Top Pick Electrical Service Pet Grooming Service Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant

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

10,378
Businesses Nearby

Demographics for 55401, MN

12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$16.08 /SF/Yr
Avg Asking Price
$1.67–$26 /SF/Yr
Price Range
7,901 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?
Office units - Office space in the heart of Minneapolis North Loop.
Where is this office units located?
The property is located at 114 N 3rd St Minneapolis, MN.
What are key features of this property?
This property features: Prime North Loop location: Walkable to sports, art, dining, and entertainment.; Historic architectural features: Enjoy **high ceilings, wood floors, and exposed brick.**; Close to Minneapolis bike lane and trail system.
More about this property
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