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    126 3Rd St Minneapolis, MN 55401

    For Lease
    $17 SF/Yr

    Charming 1200 sq ft office in Minneapolis

    Lot size:
    84,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This stunning 1,200 square foot office suite, located at 126 N 3rd St, Suite 450, Minneapolis, MN 55401, is situated in the vibrant Historic Minneapolis Warehouse District's North Loop submarket. The space is part of an 84,000 square foot, five-story Class C building constructed in 1908. The building features elevators for convenient access. This single-tenant space offers a unique blend of traditional and creative office design, perfect for a variety of businesses. The suite boasts exquisite exposed brick, attractive tin ceilings, and gleaming hardwood floors, creating a captivating atmosphere. Two private offices feature large decorative glass windows, providing ample natural light and privacy. An open work area, a convenient closet, and additional space complete this functional and aesthetically pleasing layout. The property's location in the North Loop offers easy access to 2nd Avenue and the dynamic energy of the Warehouse District. With 6,300 square feet currently vacant within the building, this is a fantastic opportunity to secure a desirable space in a thriving Minneapolis neighborhood. Don't miss out on this exceptional opportunity to lease this charming and well-appointed office suite.

    Property Features for 126 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    84,000 SF
    Class
    C
    Total Rate
    119000

    Building Details

    Year Built
    1908
    Stories
    5

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $17

    HighLights

    • 1,200 SF office suite in the North Loop submarket of Minneapolis's Historic Warehouse District.
    • Located at 126 N 3rd St, Suite 450, Minneapolis, MN 55401, within an 84,000 SF, five‑story Class C building (1908).
    • Features exposed brick, tin ceilings, hardwood floors, and large decorative glass windows in two private offices.
    • Offers an open workspace, a closet, and ample natural light.
    • Excellent location with easy access to 2nd Avenue, public transportation, parking, and freeway access; near restaurants, entertainment, Target Center, and Twins Stadium.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stratford Gifts Gift Shop Perception INK Design Agency 525 Medical Medical Center Channel Software Software Company Mess Hall Art ... Art Studio

    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
    Anoka
    State
    Minnesota
    Longitude
    -93.2720775
    Latitude
    44.9827028

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    FAQs

    What type of property is this?
    Office space - Charming 1200 sq ft office in Minneapolis
    Where is this office space located?
    The property is located at 126 3Rd St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF office suite in the North Loop submarket of Minneapolis's Historic Warehouse District.; Located at 126 N 3rd St, Suite 450, Minneapolis, MN 55401, within an 84,000 SF, five-story Class C building (1908).; Features exposed brick, tin ceilings, hardwood floors, and large decorative glass windows in two private offices.
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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
    126 3Rd St Minneapolis, MN 55401
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