Technical
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Property profile

126 3Rd St Minneapolis, MN 55401

OFF-MARKET
Office Spaces
84,000 SF Built 1908
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Property summary

AI-generated overview

This 700-square-foot office suite, located at 126 N 3rd St, Suite 305, Minneapolis, MN 55401, is situated in the vibrant Historic Minneapolis Warehouse District's North Loop submarket. The space is part of a larger five-story building (84,000 total square feet) constructed in 1908, featuring an elevator. This single-tenant space boasts attractive features including wood ceilings, carpeting, and alley views. The open floor plan offers flexibility for various business needs. Classified as a Class C building, this property offers a unique blend of traditional and creative office space, suitable for executive offices as well. The monthly rent is $1000, with no additional utility or CAM charges. The building's location provides easy access to 2nd Avenue. This exceptional opportunity won't last long

Property profile

Verified
Property type Office Spaces
Year built 1908
Total area 84,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Art Studio

Location

126 3Rd St Minneapolis, MN 55401
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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