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Office Space with River Views
For Lease
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105 5th Ave S, Minneapolis, MN 55401

Office space for rent with Mississippi River and city views.

Days on Market2862

Property Features for 105 5th Ave S

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1890
Listing Agency: Kenwood Commercial
Listed By: Nils Snyder · License #MN
Source: Crexi
Added: Oct 1, 2018 Changed: Jul 6 Last Checked: Aug 1 at 8:19AM

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.

This office space is located in the historic Whitney Mill Corridor, offering views of the Mississippi River, the Central Business District, and the Mill District. The property boasts updated common areas and an expansive outdoor deck. It is situated in close proximity to the Minneapolis CBD, Mill Ruins Park, Stone Arch Bridge, Gold Medal Park, and the upcoming Waterworks Park. Several restaurants, including Owamni by the Sioux Chef, Kindee Thai, Smith & Porter, and Sawatdee, as well as the Guthrie Theater, are nearby. On-site property management is available. Parking options include on-site, underground, and adjacent access to multiple municipal ramps.

Key Highlights

  • Great views of the Mississippi River, CBD, and Mill District
  • Located in the historic Whitney Mill Corridor
  • Close proximity to Minneapolis CBD, Mill Ruins Park, Stone Arch Bridge, Gold Medal Park, and Waterworks Park

Property Analytics

Current Use

Mattson Macdonald Young ... Structural Engineer LTK Engineering Services Engineer Minneapolis 2040 Vacation Rental Paschal Nwokocha & Chukwu ... Law Firm 21st Century Development Association / Organization

Suggested Use

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

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,886
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

$20.3 /SF/Yr
Avg Asking Price
$6.5–$42.94 /SF/Yr
Price Range
12,927 SF
Avg Space Size

This space is priced 11% below the average of $20.3 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent with Mississippi River and city views.
Where is this office units located?
The property is located at 105 5th Ave S Minneapolis, MN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Great views of the Mississippi River, CBD, and Mill District; Located in the historic Whitney Mill Corridor; Close proximity to Minneapolis CBD, Mill Ruins Park, Stone Arch Bridge, Gold Medal Park, and Waterworks Park
(612) 240-7967 Call to check price and availability
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