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    105 5Th Ave Minneapolis, MN 55401

    For Lease
    $18 SF/Yr

    Historic Minneapolis executive suites, river views.

    Lot size:
    98,334 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This iconic seven-story Crown Roller Mill building, situated on 4.2 acres at 105 5th Ave S, Minneapolis, MN 55401, offers 98,334 square feet of executive office space. Built in 1890, this property boasts updated common areas and an expansive outdoor deck providing breathtaking views of the Mississippi River, the city's central business district (CBD), and the Mill District. The building is zoned C3A (APN: 23-029-24-34-0053) and currently has 37,828 square feet of vacant space available, divisible into units as small as 4,190 square feet, with a maximum contiguous space of 27,583 square feet. The property benefits from on-site property management and offers both on-site and underground parking, with convenient access to multiple municipal parking ramps. Its prime location within the historic Whitney Mill Corridor places it in close proximity to the Minneapolis CBD, Mill Ruins Park, Stone Arch Bridge, Gold Medal Park, the new Waterworks Park, and numerous acclaimed restaurants, including Owamni by the Sioux Chef, Kindee Thai, Smith & Porter, and Sawatdee, as well as the renowned Guthrie Theater. Annual property taxes are $15.64 per square foot.

    Property Features for 105 5Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,334 SF
    Total Rate
    147501

    Building Details

    Year Built
    1890
    Stories
    7

    Unit(s) available at that property

    Space
    1st floor spec
    Size
    2,781 SF
    Rate per SF
    $25
    Space
    4th floor
    Size
    1,548 SF
    Rate per SF
    $25
    Space
    4th floor
    Size
    3,994 SF
    Rate per SF
    $25
    Space
    Sixth & Seventh Floor
    Size
    27,583 SF
    Rate per SF
    $25
    Space
    3rd Floor
    Size
    4,698 SF
    Rate per SF
    $25

    HighLights

    • Iconic seven‑story Crown Roller Mill building offering 98,334 square feet of executive office space.
    • Located on 4.2 acres at 105 5th Ave S, Minneapolis, MN 55401, with updated common areas and expansive outdoor deck offering Mississippi River and CBD views.
    • 37,828 square feet of vacant space available, divisible to 4,190 square feet minimum, with a maximum contiguous space of 27,583 square feet.
    • C3A zoning (APN: 23‑029‑24‑34‑0053), on‑site property management, and ample on‑site and underground parking.
    • Prime location in the Whitney Mill Corridor, near the Minneapolis CBD, Mill Ruins Park, and numerous restaurants and attractions. Annual property taxes are $15.64 PSF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mattson Macdonald Young ... Structural Engineer LTK Engineering Services Engineer Minneapolis 2040 Holiday Apartment Paschal Nwokocha & Chukwu ... Family Law Attorney 21st Century Development Association / Organization

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2596977
    Latitude
    44.9804242

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Minneapolis executive suites, river views.
    Where is this office property / space located?
    The property is located at 105 5Th Ave Minneapolis, MN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Iconic seven-story Crown Roller Mill building offering 98,334 square feet of executive office space.; Located on 4.2 acres at 105 5th Ave S, Minneapolis, MN 55401, with updated common areas and expansive outdoor deck offering Mississippi River and CBD views.; 37,828 square feet of vacant space available, divisible to 4,190 square feet minimum, with a maximum contiguous space of 27,583 square feet.
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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
    105 5Th Ave Minneapolis, MN 55401
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