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Property profile & analytics
OFF-MARKET
Lifestyle centers

651 Nicollet Mall Minneapolis, MN 55402

18,330 SF
Property ID
Property summary
AI-generated overview

This exceptional Minneapolis property, located at 651 Nicollet Mall in Hennepin County, offers a diverse range of commercial spaces ideal for various businesses. The building, encompassing 18,330 square feet, provides a unique blend of retail and office opportunities within a vibrant downtown setting. Currently, there are 13 available spaces ranging in size from a minimum of 488 square feet to a maximum contiguous space of 9,217 square feet, catering to businesses of all scales. The property's "Multiple" tenancy structure allows for flexibility and a dynamic atmosphere. The building's classification includes Executive Office, Shopping Center, and Salon space designations, highlighting its versatility and suitability for a wide array of commercial uses. Its central location in Minneapolis, Minnesota (zip code 55402), provides unparalleled access to transportation, amenities, and a thriving business community. The property's significant vacant square footage (35,724 sq ft) presents a substantial opportunity for expansion or redevelopment. This is a rare chance to secure prime commercial real estate in the heart of Minneapolis. Inquire today to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Lifestyle centers
Total area 18,330 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
Current use
Occupant on record · Public records
  • Presence (Bike/Boat/Book/etc) Store
  • Bank of America Home Mortgage Loan Service Bank
  • North Memorial Health Clinic – Downtown Minneapolis Medical Clinic
  • Dayton YMCA at Gaviidae Gym & Fitness Center
  • Top Memory Upgrade Minneapolis Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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