Colwell Building

123 3rd Street North, Minneapolis, MN 55401

  • For Lease Contact for pricing
  • Property Type Office
  • Property Size 160,000 SF
  • # of Floors 9
  • Parking Ratio 0.33 / 1,000 SF
  • Building Class C
  • Year Built 1919
  • Date Updated Mar 24, 2025

The Colwell Building is a 160,000-square-foot, nine-story property situated in Downtown Minneapolis. Its central location and historical charm make it an attractive option for businesses seeking an urban office space. With a parking ratio of 0.33, tenants have access to nearby parking facilities within walking distance, such as the 4th Street Ramp C, 5th Street Ramp B, and Midtown Parking Ramp. The property?s design and stature reflect its long-standing presence since 1919, offering a professional environment in a bustling commercial district.

Surrounded by conveniences, the building is steps from transportation hubs like Warehouse District/Hennepin Avenue Station (0.17 miles) and Nicollet Mall (0.30 miles). Dining options abound, with 112 Eatery, Pizza Luc‚, and Red Rabbit all within 0.1 miles. Nearby hotels, including the Four Seasons Hotel and AC Hotel by Marriott, provide accommodations for visiting clients or business partners. The area is also home to key amenities like Potbelly (0.42 miles) and Wellstone International High School (0.53 miles), further enhancing the accessibility and vibrancy of this downtown location.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Spaces Available

Contacts

broker
Tom Tracy

Cushman & Wakefield

broker
Katie Tufford

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    84/100 Excellent Transit

  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Minneapolis, MN
  • Neighborhood Downtown Minneapolis
  • Zip Code 55401
  • Market Minneapolis St Paul

Points of Interest

  • Warehouse District/Hennepin Avenue

    0.17 miles

  • Target Field - Platform 1

    0.22 miles

  • Nicollet Mall

    0.30 miles

  • Target Field - Platform 2

    0.30 miles

  • Government Plaza

    0.51 miles

  • Royalston

    0.52 miles

  • Bassett Creek Valley

    1.27 miles

  • Cedar-Riverside

    1.43 miles

  • West Bank

    1.47 miles

  • Franklin Avenue

    1.86 miles

  • Holiday

    0.40 miles

  • EZ Stop

    1.00 miles

  • Speedway

    1.20 miles

  • Bobby and Steve's Auto World

    1.20 miles

  • BP

    1.38 miles

  • ChargePoint

    1.48 miles

  • Marathon

    1.62 miles

  • Mobil

    1.83 miles

  • Greenlots

    2.16 miles

  • Tesla Supercharger

    2.63 miles

  • 4th Street Ramp C

    0.09 miles

  • 5th Street Ramp B

    0.18 miles

  • Underground Ramp Parking

    0.20 miles

  • Midtown Parking Ramp

    0.20 miles

  • Butler Park

    0.20 miles

  • Hennepin Avenue Parking Ramp

    0.24 miles

  • 4th Street North Lot

    0.30 miles

  • 7th Street Ramp A

    0.35 miles

  • 517 Marquette Garage

    0.37 miles

  • Hawthorne Transportation Center

    0.42 miles

  • Four Seasons Hotel

    0.17 miles

  • AC Hotel by Marriott Minneapolis Downtown

    0.18 miles

  • Embassy Suites by Hilton Minneapolis Downtown

    0.25 miles

  • Loews Minneapolis Hotel

    0.27 miles

  • Minneapolis Marriott City Center

    0.33 miles

  • Towne Place Suites Minneapolis Downtown

    0.34 miles

  • The Westin Minneapolis

    0.34 miles

  • Element Minneapolis Downtown

    0.35 miles

  • The Royal Sonesta Minneapolis Downtown

    0.37 miles

  • Rand Tower Hotel, Minneapolis, a Tribute Portfolio Hotel

    0.38 miles

  • 112 Eatery

    0.04 miles

  • Pizza Lucé

    0.07 miles

  • Breakfast Bar

    0.07 miles

  • Bom Dia Treats

    0.09 miles

  • Red Rabbit

    0.10 miles

  • Runyon's

    0.10 miles

  • Stadium Bar and Grill

    0.10 miles

  • Edwards Dessert Kitchen

    0.12 miles

  • J.D. Hoyt's Supper Club

    0.14 miles

  • Dario

    0.15 miles

  • Wellstone International High School

    0.53 miles

  • DeLaSalle High School

    0.57 miles

  • University of St. Thomas

    0.60 miles

  • Stadium View

    0.76 miles

  • Minneapolis Community & Technical College

    0.86 miles

  • Emerson Elementary School

    1.05 miles

  • North Central University

    1.06 miles

  • Dunwoody College of Technology

    1.08 miles

  • Webster Elementary School

    1.14 miles

  • Marcy Open School

    1.14 miles

  • New Horizon Academy

    0.76 miles

  • Child Garden Montessori

    0.89 miles

  • Summit Early Learning Center

    1.02 miles

  • Academia Elze Spanish Immersion Early Learning Center

    1.36 miles

  • Central Care for Children

    1.44 miles

  • Lucky Stars Child Care Services

    1.95 miles

  • YMCA Child Care

    1.97 miles

  • University of MN Child Development Laboratory School

    2.11 miles

  • KinderCare

    2.61 miles

  • Grandma's House Children's Center

    2.63 miles

Frequently Asked Questions

What is the price for renting office space at Colwell Building?

The average rate for office space here is $19.75/SF/YR, with rates starting at $17.50/SF/YR.

What type of office space is available to lease at Colwell Building?

The property includes 14 Office spaces located on 6 floors. Availabilities total 77,194 square feet of office space.

Is Colwell Building suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 7 office spaces under 5,000 square feet available. Space sizes here start at 559 square feet.

Does Colwell Building have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 1 office space larger than 10,000 square feet available for lease. The largest office size is 19,696 SF, located on floor 4. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does Colwell Building have parking?
Yes, the property offers 53 parking spaces with a parking ratio of 0.33 / 1,000 SF.
Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Colwell Building
  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.