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    1200 Minneapolis Mn 55403 Minneapolis, MN 55403

    Sponsored
    For Sale
    $250,000

    1,500 SF Vacant Office - $250K

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,500 square foot vacant office space is ideally located at 1200 Nicollet Mall, C4, Minneapolis, MN 55403. Priced at $250,000, this property presents a unique opportunity in a revitalized area. Situated on the completely renovated Nicollet Mall, it benefits from heavy pedestrian traffic. The space is suitable for either retail or office use, offering excellent visibility and accessibility. Its prime location places it in close proximity to key amenities and businesses. The Convention Center, numerous hotels, and condominiums are all within easy reach, ensuring high foot traffic and potential customer base. Convenient surface parking is available nearby. Furthermore, the property enjoys a strategic position just five blocks from Loring Park, two blocks from Target Corporation's headquarters, and four blocks from Sleep Number Corporation's offices. This central location provides easy access to a diverse range of businesses and residential areas, making it an attractive investment for a variety of uses. The property is currently vacant, allowing for immediate occupancy and customization to suit the new owner's specific needs. This presents a rare chance to establish a presence in a thriving and dynamic part of Minneapolis.

    Property Features for 1200 Minneapolis Mn 55403

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,500 SF

    HighLights

    • $250,000 asking price.
    • 1,500 square foot traditional office space.
    • Vacant tenancy.
    • Located at 1200 Nicollet Mall, C4, Minneapolis, MN 55403.
    • Prime location on renovated Nicollet Mall, near convention center, hotels, and residences.
    • Suitable for retail or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2772201
    Latitude
    44.9720603

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    FAQs

    What type of property is this?
    Office Property / Space - 1,500 SF Vacant Office - $250K
    Where is this office property / space located?
    The property is located at 1200 Minneapolis Mn 55403 Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 1,500 square foot traditional office space.; Vacant tenancy.
    (612) 991-6360
    Request Owner's contact information
    1200 Minneapolis Mn 55403 Minneapolis, MN 55403
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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
    1200 Minneapolis Mn 55403 Minneapolis, MN 55403
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