Property profile

1921 Nicollet Ave Minneapolis, MN 55403

OFF-MARKET
Office Spaces
4,520 SF Built 1910
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Property summary

AI-generated overview

This charming two-story, 4,520 square foot office building, located at the corner of Franklin and Nicollet Avenues in Hennepin County, offers two available suites perfect for businesses seeking a unique and convenient workspace. Built in 1910, the building blends historic character with modern updates, creating a comfortable and productive environment. The available spaces range in size from 236 to 355 square feet, ideal for small businesses or individual professionals. The building's Class C designation reflects its well-maintained condition and competitive pricing. Its prime location provides easy access to downtown Minneapolis and the broader metro area via major freeways, ensuring convenient commutes for employees and clients. Both short-term and long-term lease options are available, offering flexibility to suit various business needs. The building's multiple tenancy structure fosters a collaborative atmosphere. This property presents a rare opportunity to secure affordable, well-located office space in a building rich in history and character. The building's convenient location and flexible lease terms make it an attractive option for a variety of businesses. Don't miss this chance to establish your business in a vibrant and accessible location.

Property profile

Verified
Property type Office Spaces
Year built 1910
Total area 4,520 SF

Cap rate & NOI

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

Location

1921 Nicollet Ave 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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