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    114 3Rd St Minneapolis, MN 55401

    Sponsored
    For Lease
    Contact for pricing

    Prime Minneapolis Office Space Available

    Lot size:
    8,325 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Savoie Building, located at 114 N 3rd St in Minneapolis, MN 55401, offers exceptional office space in the vibrant North Loop neighborhood. This historic building boasts stunning architectural features, including high ceilings, beautiful wood floors, and exposed brick, creating a unique and desirable work environment. Multiple tenancy options are available, ranging from 700 square feet to 4,600 square feet, catering to a variety of business needs and sizes. Its central location provides unparalleled access to Minneapolis' best amenities. Enjoy easy walking distance to renowned sporting venues, art galleries, diverse dining options, and vibrant entertainment. For those who enjoy outdoor activities, the famed Minneapolis bike lane and trail system is just two blocks away, offering convenient access to the Mississippi River and nearby green spaces. This Hennepin County property presents a rare opportunity to secure prestigious office space in a highly sought-after location. The building is classified as both Creative and Traditional Office space, offering flexibility for various business styles. Contact us today to learn more about the available spaces and schedule a viewing.

    Property Features for 114 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,325 SF

    Unit(s) available at that property

    Space
    Suite 305
    Size
    700 SF
    Space
    Suite 325
    Size
    1,825 SF
    Space
    Suite 200
    Size
    4,600 SF
    Space
    Suite 450
    Size
    1,200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    JOYCE Marketing Consultant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2718159
    Latitude
    44.9825792

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    FAQs

    What type of property is this?
    Office space - Prime Minneapolis Office Space Available
    Where is this office space located?
    The property is located at 114 3Rd St Minneapolis, MN.
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    Minneapolis, MN 55401
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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
    114 3Rd St Minneapolis, MN 55401
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