2429 Nicollet Ave - Loft/Creative Space FOR SALE


Minneapolis, MN 55404- Whittier
$3,400,000 USD
612-275-3742
2429 Nicollet Ave, Minneapolis, MN for Sale
$3,400,000 USD
Loft/Creative Space - FOR SALE
1/30
null | 7.06% Cap Rate

Feb '27


2429 Nicollet Ave
Minneapolis, MN 55404
Whittier


OVERVIEW

Fully architecturally driven building renovation completed in 2016. New mechanicals, roof, HVAC. Two gourmet kitchens were added, roof top deck with southern exposure. Six new bathrooms, including showers in the basement bathrooms. New flooring through-out, including polished concrete for the majority of the building. Custom work booths on both floors. Modern lighting added throughout. The site was doubled in size with the addition of a south parking lot so that there is now 54+ parking spaces - a rarity for the neighborhood. Owner user on the 1st floor. This is approximately 7,000sf that could be available within 6 months.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

C3

APN/PARCEL ID

34-029-24-13-0315

ASK ABOUT THIS PROPERTY

Travis MeldahlLeverage Real Estate Group, LLCMore Info
612-275-3742

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Travis MeldahlLeverage Real Estate Group, LLCMore Info
612-275-3742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.