- $2,900,000
- 1 Unit Available
- 299,960 SF Building
- Discover a rare full-floor Class A condo at S 7th Street and Nicollet Mall in the heart of Minneapolis, offering unmatched flexibility and endless potential.
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Minneapolis Retail Space for Sale
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Retail Space For Sale in Minneapolis
Minneapolis, surrounded by natural waterways and urban areas, is a suitable location for retail spaces. The city's infrastructure includes an extensive network of roads and public transit, such as Metro Transit, which provides easy access for customers. With a population of over 400,000, Minneapolis has a large potential customer base for retail businesses. The University of Minnesota and other educational institutions supply a knowledgeable workforce and a consistent influx of student customers. The city's diverse geography offers a range of retail location options to meet various business needs.
Retail space listings in the center of Minneapolis, totaling 45, are well-placed to take advantage of foot traffic from surrounding office buildings, cultural sites, and residential areas. These spaces are supported by the city's strong economy and dense population. Shoppers can move from the scenic paths of the Grand Rounds to the welcoming doors of local businesses. Shopping centers provide plenty of parking and a selection of tenants, ensuring a lively shopping environment. Restaurants throughout the city serve as gathering places and dining spots for both residents and visitors. Office space in Minneapolis is adaptable, suitable for both new and established companies, while hotels are strategically located near corporate offices and tourist attractions. Overall, Minneapolis offers a diverse property market, with each type of space presenting distinct opportunities for investors and business owners.
Learn About Retail Space For Sale in Minneapolis
How many retail space listings are available for sale in Minneapolis?
There are currently 45 retail space listings available for sale in Minneapolis.
What factors should I consider when searching for retail space for sale in Minneapolis?
When considering retail space for sale in Minneapolis, it's essential to evaluate the location, market conditions, and physical attributes of the property.
- Assess the foot traffic and visibility of the location to ensure it aligns with your business objectives.
- Consider the size of the space, with the average size being 12,431 SF and the largest size available being 58,479 SF, to accommodate your specific business needs.
How much does it cost to buy retail space in Minneapolis?
The cost to purchase retail space can vary, but the current average price per square foot is $287.
What is the largest retail space available to buy in Minneapolis?
The largest retail space currently on offer in Minneapolis spans 58,479 SF.
Why is Minneapolis an ideal location for retail space for sale?
Minneapolis has a strong economy and a dense population, providing a great market for retail spaces, with an average size for sale of 12,431 SF, the largest offerings up to 58,479 SF, and a competitive average cap rate of 6.83%, indicating a well-established environment for retail business operations.
Retail Space in Minneapolis - Size Summary
| Retail Space Size | Square Feet |
|---|---|
| Maximum | 58,479 SF |
| Average | 12,431 SF |
| Minimum | 873 SF |
Retail Space in Minneapolis - Cap Rate Data
| Retail Space Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 8.79% |
| Average | 6.83% |
| Minimum | 5.45% |
Retail Space in Minneapolis - Price
| Retail Space Price | Price Per SF |
|---|---|
| Maximum | $1,663 Per SF |
| Average | $287 Per SF |
| Minimum | $22 Per SF |
Retail Space in Minneapolis - Overall Summary
| Retail Space Metric | Summary Value |
|---|---|
| Avg Size | 12,431 SF |
| Avg Price Per Square Foot | $287 |
| Avg Cap Rate | 6.83% |
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