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    3Rd St Minneapolis, MN 55415

    For Lease
    Contact for pricing

    Downtown Minneapolis Creative Office Suites

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Millwright Building offers 60,000 square feet of prime creative office space in the heart of Minneapolis' East Town neighborhood. This four-story building provides multiple tenancy options, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 40,000 square feet. Currently, the entire 60,000 square feet is available. The building boasts a range of desirable amenities, including a private rooftop deck, perfect for employee gatherings or relaxation. For added convenience, the building is skyway connected, offering seamless access to the city's infrastructure. Active individuals will appreciate the 24-hour premium bicycle storage and locker rooms complete with showers and changing areas. The building also features a 24-hour accessible atrium lobby, ideal for hosting scheduled events. Its central location provides easy access to the Blue Line Light Rail station, ensuring convenient commutes for employees. Furthermore, the building's proximity to several green spaces, including Downtown East Commons, Gold Medal Park, Mill Ruins Park, and the Stone Arch Bridge, offers employees opportunities for outdoor recreation during breaks. Furniture may be available; inquire for details. This is an exceptional opportunity to secure a highly desirable and well-appointed office space in a vibrant and convenient location.

    Property Features for 0 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    2nd floor
    Size
    19,776 SF
    Space
    4th floor
    Size
    39,701 SF

    HighLights

    • 60,000 SF creative office building in downtown Minneapolis.
    • Multiple suites available, ranging from 19,776 SF to 40,000 SF contiguous.
    • Entire building (60,000 SF) currently vacant.
    • Four‑story building located in Hennepin County.
    • Amenities include furniture, 24‑hour bicycle storage, locker rooms with showers, private rooftop deck, skyway access, and a 24‑hour atrium lobby.
    • Excellent location near the Blue Line Light Rail and numerous green spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2464545
    Latitude
    44.971121

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    FAQs

    What type of property is this?
    Office space - Downtown Minneapolis Creative Office Suites
    Where is this office space located?
    The property is located at 3Rd St Minneapolis, MN.
    What are key features of this property?
    This property features: 60,000 SF creative office building in downtown Minneapolis.; Multiple suites available, ranging from 19,776 SF to 40,000 SF contiguous.; Entire building (60,000 SF) currently vacant.
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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
    3Rd St Minneapolis, MN 55415
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