651 Nicollet Mall Minneapolis, MN 55402
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.