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Property profile & analytics
OFF-MARKET
Office Spaces

0 3Rd St Minneapolis, MN 55415

60,000 SF
Property ID
Property summary
AI-generated overview

The Millwright Building offers 60,000 square feet of prime creative office space in the heart of Minneapolis' East Town neighborhood. This four-story building provides multiple tenancy options, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 40,000 square feet. Currently, the entire 60,000 square feet is available. The building boasts a range of desirable amenities, including a private rooftop deck, perfect for employee gatherings or relaxation. For added convenience, the building is skyway connected, offering seamless access to the city's infrastructure. Active individuals will appreciate the 24-hour premium bicycle storage and locker rooms complete with showers and changing areas. The building also features a 24-hour accessible atrium lobby, ideal for hosting scheduled events. Its central location provides easy access to the Blue Line Light Rail station, ensuring convenient commutes for employees. Furthermore, the building's proximity to several green spaces, including Downtown East Commons, Gold Medal Park, Mill Ruins Park, and the Stone Arch Bridge, offers employees opportunities for outdoor recreation during breaks. Furniture may be available; inquire for details. This is an exceptional opportunity to secure a highly desirable and well-appointed office space in a vibrant and convenient location.

Property profile
Verified
Property type Office Spaces
Total area 60,000 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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