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2639-2641 Nicollet Ave
Minneapolis, MN 55408
Retail Property For Sale

Executive Summary

Unique owner/user opportunity to acquire and occupy this meticulously designed 14,179 square foot retail/office building with the option to purchase a 0.24-acre parking lot featuring 32 spaces for an additional $450,000 in the Whittier area of Minneapolis. Owner will not sell the parking lot separately.
This property has excellent visibility and high traffic counts along Nicollet Avenue, situated just minutes from I-35W and I-94, and is surrounded by a vibrant and diverse mix of offices, retail establishments, fabulous dining options, and residential neighborhoods.
Prime Location: Situated in the bustling core of Minneapolis, offering easy access to key retail, dining, and entertainment venues. The building is conveniently positioned near major highways and public transportation, making it easily accessible for both employees and customers. This area is known as "Eat Street" for packing a wildly diverse array of restaurants into a few short blocks. This stretch of Nicollet will see many improvements as the city of Minneapolis redevelops and connects Lake Street by redeveloping the former Kmart site known as the New Nicollet Redevelopment Project.
Modern Amenities: Recently renovated with modern finishes, the property offers a comfortable, professional environment with upgraded HVAC systems, energy-efficient lighting, high-speed internet connectivity, and secure entry points. Shared common areas include a stylish lobby, conference rooms, and break areas.
Versatile Space: The building features a mix of retail and office space, ideal for a range of tenants—from startups to established businesses. Flexible floor plans accommodate diverse business needs, providing space configurations for both individual offices and collaborative environments.
High Visibility & Foot Traffic: Located in a densely populated area with significant pedestrian and vehicle traffic, tenants benefit from enhanced visibility and exposure to a broad customer base. The property’s storefronts are perfect for businesses looking to attract attention and grow their brand.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,179 SF
Building Class
C
Year Built/Renovated
1912/2017
Price
$2,256,936 CAD
Price Per SF
$159.17 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.17
Lot Size
0.15 AC
Zoning
CM2 - Community Mixed-Use District
Parking
32 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
51’ on Nicollet Ave

Amenities

  • Bus Line
  • Signage
  • Skylights
  • Storage Space
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
34-029-24-42-0071
Land Assessment
$155,644 CAD
Improvements Assessment
$1,868,552 CAD
Total Assessment
$2,024,196 CAD
  • Listing ID: 35931622

  • Date on Market: 2025-05-21

  • Last Updated:

  • Address: 2639-2641 Nicollet Ave, Minneapolis, MN 55408

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