Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    1242 Hennepin Ave, Minneapolis, MN 55403

    13,270 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1242-1260 Hennepin Avenue in Minneapolis, Minnesota, offers 13,270 square feet of versatile space ideal for multiple restaurant tenants. Currently, there are four suites available, ranging from a minimum of 1,024 square feet to a maximum contiguous space of 3,474 square feet. A significant portion of the building is currently vacant, totaling 9,323 square feet, presenting a unique opportunity for expansion or multiple occupancy. The property is situated in Hennepin County, within the vibrant Minneapolis market, offering high visibility and accessibility. The address is 1242 Hennepin Ave, Minneapolis, MN 55403. This location provides excellent potential for businesses seeking a prominent presence in a bustling urban environment. The property's classification as a retail space with a restaurant subtype suggests its suitability for a variety of food service and related businesses. The multiple tenancy option allows for flexibility in lease terms and space allocation, catering to various business needs and sizes. With its strategic location and substantial available space, this property represents a compelling investment opportunity for discerning entrepreneurs and established businesses alike. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 13,270 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1242 Hennepin Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message