Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 201,511 RSF multi-tenant office building located in the Minneapolis Gateway District with direct Skyway connectivity.
  • Below-market average in-place rent provides upside potential through mark-to-market growth.
  • Amenity-rich environment including tenant lounge, fitness center, collaboration areas, and on-site parking.
  • Offering a strong lease-up opportunity supported by existing spec suites and built-out space.
  • Diversified tenant roster featuring government agencies, institutional users, and professional services firms.
  • Convenient access to I-94, I-394, light rail, and major transit routes serving the Minneapolis–St. Paul metro.

Executive Summary

330 South Second presents a compelling investment opportunity in the heart of the Minneapolis CBD. This 201,511 RSF Class B office property resides in the Gateway District with direct Skyway connectivity, offering seamless pedestrian access to Nicollet Mall, the riverfront, and major downtown amenities. Positioned with below-market in-place rents averaging $11.43 per square foot and current occupancy of 41%, the asset provides a clear value-add opportunity through lease-up and rent optimization. Existing lease rollovers and spec suite availability create near-term absorption potential while minimizing downtime and capital requirements.
The property benefits from a diversified tenant base anchored by government tenants and professional service firms, generating in-place income with prospects for long-term stability. Modern amenities including a fitness center, tenant lounge, and multiple Skyway links enhance tenant appeal, while on-site parking in underground and surface stalls adds convenience. Proximity to I-94, I-394, and light rail stations underscores connectivity, supporting continued demand. With a weighted average lease term of 3.8 years and opportunity to recapture significant vacancy at higher market rates, this asset is well-positioned for investors pursuing cash flow growth and portfolio diversification.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
241,213 SF
Building Class
B
Year Built/Renovated
1980/2019
Percent Leased
41%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
30,152 SF
Slab To Slab
13’
Building FAR
5.54
Lot Size
1.00 AC
Zoning
B-4-1 - Commercial
Parking
89 Spaces (0.37 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Fitness Center
  • Food Court
  • Food Service
  • Metro/Subway
  • Property Manager on Site
  • Restaurant
  • Signage
  • Skyway
  • Energy Star Labeled
  • Wheelchair Accessible
  • Kitchen
  • Reception
  • Storage Space
  • Car Charging Station
  • Basement
  • Central Heating
  • Secure Storage
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
  • On-Site Security Staff

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 150
  • 5,137 SF
  • Office
  • Full Build-Out
  • Now

Ground level Suite 150. Property ownership will prepare space and make for move-in ready with new carpet, paint and general updates.

  • 2nd Fl-Ste 210
  • 2,257 SF
  • Restaurant
  • Full Build-Out
  • Now

Fully functioning coffee shop. All equipment in place.

  • 2nd Fl-Ste 219
  • 847 SF
  • Restaurant
  • Full Build-Out
  • Now

Fully functioning Skyway level food space. Immediate availability.

  • 2nd Fl-Ste 230
  • 1,289 SF
  • Restaurant
  • Full Build-Out
  • Now

Fully built out food court space on Skyway level. Most all appliances are in place. Lease today and open quickly!

  • 2nd Fl-Ste 250
  • 570 SF
  • Retail
  • Full Build-Out
  • Now

Open space on Skyway level. Perfect for retail or office use.

  • 3rd Fl-Ste 300
  • 4,108 SF
  • Office
  • Full Build-Out
  • Now

3rd Floor Office Space.

  • 3rd Fl-Ste 310
  • 899 SF
  • Office
  • Full Build-Out
  • Now

Very nice office space on 3rd floor. Perfect for a lawyer or CPA.

  • 3rd Fl-Ste 320
  • 2,579 SF
  • Office
  • Full Build-Out
  • Now

Nice space for many user types. Space is fully built out and shows well.

  • 3rd Fl-Ste 335
  • 4,107 SF
  • Office
  • Full Build-Out
  • Now

Beautiful office space ready for immediate occupancy.

  • 3rd Fl-Ste 395
  • 2,931 SF
  • Office
  • Shell Space
  • Now

Open Shell pricing is as-is.

  • 4th Fl-Ste 420
  • 5,260 SF
  • Office
  • Full Build-Out
  • Now

Nice looking office space. Ready for immediate occupancy.

  • 4th Fl-Ste 450
  • 16,263 SF
  • Office
  • Full Build-Out
  • Now

This expansive 16,263 square foot office suite in the Minneapolis Central Business District features an open floor plan with multiple private offices, conference rooms, and collaborative workspaces. The suite includes a welcoming reception area, modern kitchenette, and abundant natural light from large windows. High ceilings and efficient HVAC ensure a comfortable work environment. The property provides secure building access, on-site parking, and is within walking distance to transit options and downtown amenities. Ideal for businesses needing flexible workspace solutions in a central location.

  • 5th Fl-Ste 500
  • 5,886 SF
  • Office
  • Full Build-Out
  • Now

Tasteful mostly open office space. In-suite kitchenette.

  • 5th Fl-Ste 550
  • 10,736 SF
  • Office
  • Full Build-Out
  • Now

Beautiful, large, office space. Ready for immediate occupancy.

  • 5th Fl-Ste 560
  • 9,855 SF
  • Office
  • Partial Build-Out
  • Now

10,000 Square feet of mostly open space. Perfect for R&D uses, contact/call center, etc. Building ownership will invest tenant improvement dollars. Rate advertised is as-is.

  • 5th Fl-Ste 565
  • 3,451 SF
  • Office
  • Full Build-Out
  • Now
  • 6th Fl-Ste 605
  • 9,191 SF
  • Office
  • -
  • Now
  • 6th Fl-Ste 610
  • 5,680 SF
  • Office
  • Spec Suite
  • Now

Beautifully renovated modern office space. Offering the perfect blend of open and private offices. Move in today!

  • 7th Fl-Ste 750
  • 3,700 SF
  • Office
  • Full Build-Out
  • Now

Tasteful office space. Ready for immediate occupancy. Building ownership can paint the space to match your branding.

  • 7th Fl-Ste 790
  • 7,650 SF
  • Office
  • Full Build-Out
  • Now

This 9,000 square foot office suite in the Minneapolis Central Business District offers a versatile layout, blending private offices with open workspace areas. The suite is thoughtfully designed for functionality, featuring a spacious break room, conference rooms, and ample natural light throughout. Ideal for businesses looking for a well-appointed and flexible space. The building includes secure access, on-site parking options, and is conveniently located near transit, dining, and downtown amenities. Perfect for a team looking to elevate their workspace in a prime location.

  • 8th Fl-Ste 895
  • 12,218 SF
  • Office
  • -
  • Now

Spanning approximately 10,200 square feet, this fully built-out office suite in Minneapolis' Central Business District is ready for immediate occupancy. The space features a blend of private offices, open work areas, and collaborative zones, designed to accommodate diverse work styles. A built-in break room with modern finishes provides a comfortable space for employee breaks and gatherings. Large windows offer abundant natural light, enhancing the suite's welcoming atmosphere. With secure building access and proximity to parking and public transit, this space offers both convenience and a polished, professional presentation.

Space Size Space Use Build-Out Available
1st Fl-Ste 150 5,137 SF Office Full Build-Out Now
2nd Fl-Ste 210 2,257 SF Restaurant Full Build-Out Now
2nd Fl-Ste 219 847 SF Restaurant Full Build-Out Now
2nd Fl-Ste 230 1,289 SF Restaurant Full Build-Out Now
2nd Fl-Ste 250 570 SF Retail Full Build-Out Now
3rd Fl-Ste 300 4,108 SF Office Full Build-Out Now
3rd Fl-Ste 310 899 SF Office Full Build-Out Now
3rd Fl-Ste 320 2,579 SF Office Full Build-Out Now
3rd Fl-Ste 335 4,107 SF Office Full Build-Out Now
3rd Fl-Ste 395 2,931 SF Office Shell Space Now
4th Fl-Ste 420 5,260 SF Office Full Build-Out Now
4th Fl-Ste 450 16,263 SF Office Full Build-Out Now
5th Fl-Ste 500 5,886 SF Office Full Build-Out Now
5th Fl-Ste 550 10,736 SF Office Full Build-Out Now
5th Fl-Ste 560 9,855 SF Office Partial Build-Out Now
5th Fl-Ste 565 3,451 SF Office Full Build-Out Now
6th Fl-Ste 605 9,191 SF Office - Now
6th Fl-Ste 610 5,680 SF Office Spec Suite Now
7th Fl-Ste 750 3,700 SF Office Full Build-Out Now
7th Fl-Ste 790 7,650 SF Office Full Build-Out Now
8th Fl-Ste 895 12,218 SF Office - Now

1st Fl-Ste 150

Size
5,137 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 210

Size
2,257 SF
Space Use
Restaurant
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 219

Size
847 SF
Space Use
Restaurant
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 230

Size
1,289 SF
Space Use
Restaurant
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 250

Size
570 SF
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
4,108 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 310

Size
899 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 320

Size
2,579 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 335

Size
4,107 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 395

Size
2,931 SF
Space Use
Office
Build-Out
Shell Space
Available
Now

4th Fl-Ste 420

Size
5,260 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Fl-Ste 450

Size
16,263 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Fl-Ste 500

Size
5,886 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Fl-Ste 550

Size
10,736 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Fl-Ste 560

Size
9,855 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

5th Fl-Ste 565

Size
3,451 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Fl-Ste 605

Size
9,191 SF
Space Use
Office
Build-Out
-
Available
Now

6th Fl-Ste 610

Size
5,680 SF
Space Use
Office
Build-Out
Spec Suite
Available
Now

7th Fl-Ste 750

Size
3,700 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

7th Fl-Ste 790

Size
7,650 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

8th Fl-Ste 895

Size
12,218 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 150

Size 5,137 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Ground level Suite 150. Property ownership will prepare space and make for move-in ready with new carpet, paint and general updates.

2nd Fl-Ste 210

Size 2,257 SF
Space Use Restaurant
Build-Out Full Build-Out
Available Now

Fully functioning coffee shop. All equipment in place.

2nd Fl-Ste 219

Size 847 SF
Space Use Restaurant
Build-Out Full Build-Out
Available Now

Fully functioning Skyway level food space. Immediate availability.

2nd Fl-Ste 230

Size 1,289 SF
Space Use Restaurant
Build-Out Full Build-Out
Available Now

Fully built out food court space on Skyway level. Most all appliances are in place. Lease today and open quickly!

2nd Fl-Ste 250

Size 570 SF
Space Use Retail
Build-Out Full Build-Out
Available Now

Open space on Skyway level. Perfect for retail or office use.

3rd Fl-Ste 300

Size 4,108 SF
Space Use Office
Build-Out Full Build-Out
Available Now

3rd Floor Office Space.

3rd Fl-Ste 310

Size 899 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Very nice office space on 3rd floor. Perfect for a lawyer or CPA.

3rd Fl-Ste 320

Size 2,579 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Nice space for many user types. Space is fully built out and shows well.

3rd Fl-Ste 335

Size 4,107 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Beautiful office space ready for immediate occupancy.

3rd Fl-Ste 395

Size 2,931 SF
Space Use Office
Build-Out Shell Space
Available Now

Open Shell pricing is as-is.

4th Fl-Ste 420

Size 5,260 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Nice looking office space. Ready for immediate occupancy.

4th Fl-Ste 450

Size 16,263 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This expansive 16,263 square foot office suite in the Minneapolis Central Business District features an open floor plan with multiple private offices, conference rooms, and collaborative workspaces. The suite includes a welcoming reception area, modern kitchenette, and abundant natural light from large windows. High ceilings and efficient HVAC ensure a comfortable work environment. The property provides secure building access, on-site parking, and is within walking distance to transit options and downtown amenities. Ideal for businesses needing flexible workspace solutions in a central location.

5th Fl-Ste 500

Size 5,886 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Tasteful mostly open office space. In-suite kitchenette.

5th Fl-Ste 550

Size 10,736 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Beautiful, large, office space. Ready for immediate occupancy.

5th Fl-Ste 560

Size 9,855 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

10,000 Square feet of mostly open space. Perfect for R&D uses, contact/call center, etc. Building ownership will invest tenant improvement dollars. Rate advertised is as-is.

5th Fl-Ste 565

Size 3,451 SF
Space Use Office
Build-Out Full Build-Out
Available Now

6th Fl-Ste 605

Size 9,191 SF
Space Use Office
Build-Out -
Available Now

6th Fl-Ste 610

Size 5,680 SF
Space Use Office
Build-Out Spec Suite
Available Now

Beautifully renovated modern office space. Offering the perfect blend of open and private offices. Move in today!

7th Fl-Ste 750

Size 3,700 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Tasteful office space. Ready for immediate occupancy. Building ownership can paint the space to match your branding.

7th Fl-Ste 790

Size 7,650 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This 9,000 square foot office suite in the Minneapolis Central Business District offers a versatile layout, blending private offices with open workspace areas. The suite is thoughtfully designed for functionality, featuring a spacious break room, conference rooms, and ample natural light throughout. Ideal for businesses looking for a well-appointed and flexible space. The building includes secure access, on-site parking options, and is conveniently located near transit, dining, and downtown amenities. Perfect for a team looking to elevate their workspace in a prime location.

8th Fl-Ste 895

Size 12,218 SF
Space Use Office
Build-Out -
Available Now

Spanning approximately 10,200 square feet, this fully built-out office suite in Minneapolis' Central Business District is ready for immediate occupancy. The space features a blend of private offices, open work areas, and collaborative zones, designed to accommodate diverse work styles. A built-in break room with modern finishes provides a comfortable space for employee breaks and gatherings. Large windows offer abundant natural light, enhancing the suite's welcoming atmosphere. With secure building access and proximity to parking and public transit, this space offers both convenience and a polished, professional presentation.

Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
39,560
255,772
483,530
2025 Population
43,866
256,926
479,937
Population Growth '20-'25
10.9%
0.4%
-0.7%
2020 Households
23,605
114,678
214,056
2025 Households
26,327
115,987
213,580
Household Growth '20-'25
11.5%
1.1%
-0.2%
Average Age
40
35
37
Median Household Income
$87,609
$63,650
$78,760
Daytime Employees
137,661
271,050
389,847
Total Businesses
7,625
23,441
36,207
College Degree + Higher
59%
45%
49%
$ values in USD

Property Taxes

Property Taxes

Parcel Number
23-029-24-33-0012
Land Assessment
$11,840,047 CAD
Improvements Assessment
$4,445,805 CAD
Total Assessment
$16,285,852 CAD

Sale Advisors

Sale Advisors

Andrei Bortnov, Principal Manager
Owner Greatland Real Estate Services
  • Listing ID: 40284168

  • Date on Market: 2026-04-24

  • Last Updated:

  • Address: 330 2nd Ave S, Minneapolis, MN 55401

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}