Minneapolis, MN Commercial Real Estate for Lease and Sale

Explore 355 listings of Minneapolis commercial real estate to find the best space for your business.

4009 Lake St E

4009 Lake St E, Cooper, Minneapolis, MN
Property

Office

2,640 SF
Availability

1 Space

2,640 SF
Year Built

1925
For Lease

$7,000.00/MO
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Oak Grove Portfolio

215 & 330 Oak Grove St, Loring Park, Minneapolis, MN
Property

Other
For Sale Contact for pricing
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500 30th Ave N E

500-600 30Th Ave N E, Columbia Park, Minneapolis, MN
Property

Industrial

126,759 SF
Year Built

1967
For Sale Contact for pricing
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1601 Hennepin Avenue

1601 Hennepin Avenue, Loring Park, Minneapolis, MN
Property

Office

17,088 SF
Year Built

1916
For Sale Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
1601 67th Avenue North

1601 67th Avenue North, Brooklyn Center, Minneapolis, MN
Property

Industrial

34,756 SF
Year Built

1978
For Sale

$3,650,000
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Fire Barn

14 & 24 University Ave NE, Nicollet Island - East Bank, Minneapolis, MN
Property

Retail

109,222 SF
Availability

2 Spaces

13,500 SF
Year Built

1910
For Lease

$23.00/SF/YR
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Lumber Exchange Building

10 S 5th St, Downtown Minneapolis, Minneapolis, MN
Property

Office

216,600 SF
Availability

24 Spaces

112,793 SF
Year Built

1885
For Lease Contact for pricing
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The Larking

815 Portland Ave, Downtown Minneapolis, Minneapolis, MN
Property

Retail

9,441 SF
Availability

2 Spaces

7,807 SF
For Lease Contact for pricing
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Pressbox Redevelopment

328 S 3rd St, Downtown Minneapolis, Minneapolis, MN
Property

Retail

20,498 SF
For Sale Contact for pricing
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Well-Equipped Dental Clinic

3359 W Broadway, Robbinsdale, MN
Property

Office

6,772 SF
Year Built

1973
For Sale

$1,300,000
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Saxon

107 3rd Ave N, North Loop, Minneapolis, MN
Property

Retail

23,060 SF
Availability

2 Spaces

5,018 SF
For Lease

$47.00/SF/YR
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825 Washington Avenue Southeast
Impact Hub
825 Washington Avenue Southeast #200, Minneapolis, MN
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Business consulting

Complimentary coffee & tea

High-speed wifi

Kitchen

Lockers

Mail services

Patio

Printer

Privacy booths

Professional & social events
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6445 Lyndale Avenue South

6445 Lyndale Avenue South, Richfield, MN
Property

Retail

133,141 SF
Availability

1 Space

7,200 SF
Year Built

2022
For Lease Contact for pricing
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Washington Yards

255 2nd Ave S, Downtown Minneapolis, Minneapolis, MN
Property

Office

319,549 SF
Availability

13 Spaces

319,549 SF
For Lease

$38.00/SF/YR
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117 N Washington Ave

117 N Washington Ave, Downtown Minneapolis, Minneapolis, MN
Property

Office

12,320 SF
Availability

1 Space

1,412 SF
For Lease

$10.00/SF/YR
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845 E Hennepin Ave

845 E Hennepin Ave & 333 Harrison St NE, Beltrami, Minneapolis, MN
Property

Industrial
Availability

1 Space

32,710 SF
Year Built

1953
For Lease Contact for pricing
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4810 Lilac Drive North

4810 Lilac Drive North, Brooklyn Center, Minneapolis, MN
Property

Industrial

43,000 SF
Availability

4 Spaces

3,481 SF
Year Built

1957
For Lease Contact for pricing
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Boulevard Commons

615 West 53rd Street, Tangletown, Minneapolis, MN
Property

Retail

30,263 SF
Availability

2 Spaces

1,747 SF
For Lease Contact for pricing
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WaHu Retail | Up to 7,550 SF Ground Floor Retail Available

1016 Washington Ave SE, Prospect Park East River Road, Minneapolis, MN
Property

Retail
Availability

1 Space

7,520 SF
For Lease Contact for pricing
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The Walkway

1320 West Lake Street, Uptown Minneapolis, Minneapolis, MN
Property

Retail

76,551 SF
Availability

1 Space

7,660 SF
Year Built

2014
For Lease Contact for pricing
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Lowa46 Retail

4621 Snelling Avenue, Hiawatha, Minneapolis, MN
Property

Retail

106,059 SF
Availability

2 Spaces

7,315 SF
Year Built

2019
For Lease Contact for pricing
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The Bryant Building

3032-3038 Hennepin Ave, Uptown Minneapolis, Minneapolis, MN
Property

Office

30,523 SF
For Sale

$3,300,000
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204-216 Lowry Avenue

204-216 Lowry Avenue, McKinley, Springfield, OH
Property

Industrial

56,892 SF
For Sale

$1,250,000
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150 3rd Ave S #150

150 3rd Ave S, Downtown Minneapolis, Minneapolis, MN
Property

Office

3,049 SF
Year Built

2006
For Sale

$850,000
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The Station on Washington Apartments

620 Washington Ave S, Downtown Minneapolis, Minneapolis, MN
Property

Retail

4,075 SF
Availability

1 Space

4,075 SF
For Lease Contact for pricing
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Mill City Quarter

322 South 2nd Street, Downtown Minneapolis, Minneapolis, MN
Property

Retail

102,021 SF
Availability

1 Space

1,600 SF
Year Built

2016
For Lease Contact for pricing
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Malcolm Station

495 Malcolm Ave SE, Prospect Park East River Road, Minneapolis, MN
Property

Retail

6,815 SF
Availability

1 Space

6,815 SF
For Lease Contact for pricing
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918 W Lake St

918 W Lake St, Uptown Minneapolis, Minneapolis, MN
Property

Retail

5,505 SF
Availability

1 Space

5,405 SF
Year Built

1920
For Lease

$25.00/SF/YR
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Crown Plaza

100 Portland Avenue, Downtown Minneapolis, Minneapolis, MN
Property

Office

26,598 SF
Availability

7 Spaces

24,544 SF
For Lease

$18.00 - $25.00/SF/YR
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Tyler Street Stacks

950 13th Ave NE, Northeast Park, Minneapolis, MN
Property

Retail

5,120 SF
Availability

1 Space

4,700 SF
For Lease Contact for pricing
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Highland Bridge

820 Mt. Curve Blvd, Lowry Hill, St Paul, MN
Property

Retail

4,300 SF
Availability

1 Space

4,300 SF
For Lease Contact for pricing
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Colonial Warehouse

212 3rd Avenue North, North Loop, Minneapolis, MN
Property

Office

198,147 SF
Availability

8 Spaces

24,979 SF
Year Built

1890
For Lease

$21.00/SF/YR
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Nordhaus

315 1st Ave NE, St. Anthony West, Minneapolis, MN
Property

Retail

22,000 SF
Availability

1 Space

5,006 SF
For Lease Contact for pricing
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2409 S Hennepin Ave

2409 S Hennepin Ave, Uptown Minneapolis, Minneapolis, MN
Property

Retail

5,380 SF
Availability

1 Space

2,690 SF
For Lease Contact for pricing
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Loring Medical Building

1409 - 1411 Willow St, Loring Park, Minneapolis, MN
Property

Office

22,633 SF
Availability

6 Spaces

4,674 SF
For Lease

$14.00/SF/YR
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Uptown Plaza

2737-2755 Hennepin Ave, Uptown Minneapolis, Minneapolis, MN
Property

Retail

33,744 SF
Availability

3 Spaces

6,133 SF
Year Built

1960
For Lease Contact for pricing
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4456 Nicollet Ave

4456 Nicollet Ave, King Field, Minneapolis, MN
Property

Office

1,760 SF
Availability

1 Space

880 SF
Year Built

1912
For Lease

$36.00/SF/YR
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1000 Shingle Creek Xing Lot O

1000 Shingle Creek Xing, Brooklyn Center, Minneapolis, MN
Property

VacantLand

0.75 Acre
For Sale Contact for pricing
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2748 Lyndale Avenue South
Scout Workshop
2748 Lyndale Avenue South, Minneapolis, MN
Services

Event Space

Meeting Room
Amenities

Bar

Garden

Lounge area

On-street parking

Projector

TV/Monitor

White boards
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1010 West Lake Street
The Wilderness Fitness and Coworking
1010 West Lake Street, Minneapolis, MN
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Gym

High-speed internet

Pet friendly

Ping pong table

Privacy booths

Projector

Snacks

TV/Monitor

White boards
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228 12th St S

228 12th St S, Downtown Minneapolis, Minneapolis, MN
Property

VacantLand

1.21 Acre
Year Built

1952
For Sale

$5,150,000
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Ritz Opportunity

315 Nicollet Mall, Downtown Minneapolis, Minneapolis, MN
Property

Office

700,000 SF
Availability

1 Space

700,000 SF
For Lease Contact for pricing
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811 Glenwood Avenue

811 Glenwood Avenue, Harrison, Minneapolis, MN
Property

Office

64,358 SF
Availability

2 Spaces

5,270 SF
Year Built

1901
For Lease

$17.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Minneapolis commercial real estate market incorporates 28,765,353 square feet of office space across 170 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Minneapolis commercial real estate market includes 4,886,016 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Minneapolis market, there is a total of 2,777,451 square feet of industrial property.

The listing inventory in Minneapolis incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Minneapolis is represented by Office space, which accounts for 6,007,020 square feet of available listings. Industrial space available in Minneapolis adds up to 963,868 square feet.

Meanwhile, most of the listings of commercial property for sale in Minneapolis are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Minneapolis is $17.64 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Minneapolis can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $30.87 per square foot, industrial space in Minneapolis saw average rents of $12.2 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Minneapolis, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Minneapolis is in the Downtown Minneapolis neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Minneapolis area.

Meanwhile, retail space opportunities are most abundant in the Downtown Minneapolis submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Logan Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $38.46 per square foot. In particular, the property type commanding the highest lease rates in Minneapolis was Retail space.

Conversely, the highest sale price last year was $225,000,000 that is located at 250 Nicollet Mall.

The average size of a commercial property in Minneapolis depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Minneapolis, the average size of an office property is 194,361 square feet.
Retail properties here incorporate an average of 55,523 square feet.
Industrial space in Minneapolis is in buildings that are, on average 106,826 square feet in size.

Minneapolis, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Minneapolis currently add up to 8,664,828 square feet. The market offers 153 active office listing(s), which amount to 6,416,808 square feet and account for 56% of commercial spaces on the market. Local retail availability includes 723,804 square feet across 92 retail space(s). Industrial space for rent opportunities in Minneapolis amount to 963,868 square feet across a total of 18 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	153	6,416,808
Retail	92	723,804
Industrial	18	963,868
Other	10	560,348

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Minneapolis, MN. Currently, there is 1,816,591 square feet of commercial property for sale here , which includes 22 office building(s) for sale , 22 retail investment opportunity listing(s) , and 11 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	22	631,409
Retail	22	248,857
Industrial	11	526,999
Other	31	409,326

Minneapolis, MN Commercial Real Estate Market Overview

The commercial real estate market in Minneapolis is driven by the city’s diverse economy, which includes finance, commerce, industry and manufacturing, technology and healthcare. In addition to being one of the major economic centers in the Midwest, Minneapolis also benefits from excellent logistical opportunities. Specifically, barges and towboats can reach the city on the Mississippi River, and the Minneapolis-Saint Paul International Airport is within 10 miles of the city’s downtown.

Most of Minneapolis’ portfolio-tier commercial real estate is concentrated in the central business district, which also hosts the corporate headquarters of Fortune 500 companies like Target and U.S. Bancorp. Plus, North Loop is an up-and-coming market for commercial real estate thanks to extensive redevelopment efforts that diversified the neighborhood’s traditional industrial inventory.

Minneapolis, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Minneapolis, MN?

What factors affect the price of commercial real estate in Minneapolis, MN?

What is the average rent for commercial space in Minneapolis, MN?

What are the best areas for commercial real estate in Minneapolis, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Minneapolis, MN?

Minneapolis, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Minneapolis, MN Commercial Real Estate Market Overview

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