Property profile

1200 Minneapolis Mn 55403 Minneapolis, MN 55403

OFF-MARKET
Office Spaces
1,500 SF
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Property summary

AI-generated overview

This 1,500 square foot vacant office space is ideally located at 1200 Nicollet Mall, C4, Minneapolis, MN 55403. Priced at $250,000, this property presents a unique opportunity in a revitalized area. Situated on the completely renovated Nicollet Mall, it benefits from heavy pedestrian traffic. The space is suitable for either retail or office use, offering excellent visibility and accessibility. Its prime location places it in close proximity to key amenities and businesses. The Convention Center, numerous hotels, and condominiums are all within easy reach, ensuring high foot traffic and potential customer base. Convenient surface parking is available nearby. Furthermore, the property enjoys a strategic position just five blocks from Loring Park, two blocks from Target Corporation's headquarters, and four blocks from Sleep Number Corporation's offices. This central location provides easy access to a diverse range of businesses and residential areas, making it an attractive investment for a variety of uses. The property is currently vacant, allowing for immediate occupancy and customization to suit the new owner's specific needs. This presents a rare chance to establish a presence in a thriving and dynamic part of Minneapolis.

Property profile

Verified
Property type Office Spaces
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1200 Minneapolis Mn 55403 Minneapolis, MN 55403
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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