Contacts
Commercial Equities Group
Commercial Equities Group
Owner | Broker
Property Details
- Property Type Retail - Restaurant
- Property Size 5,181 SF
- Lot Size 0.13 Acre
- Zoning B4S-1
- # of Floors 2
- Parking Spaces Avail. 5
- Parking Ratio 0.97 / 1,000 SF
- Property Tenancy Single Tenant
- Year Built 1901
- Date Updated Sep 28, 2026
A rare standalone opportunity in the North Loop that is an ideal space for owner-user or concept. With historic character and its own identity, the property provides a unique opportunity to develop a memorable destination in the heart of the North Loop/Warehouse District.
Suitable for a wide range of uses, including restaurant/bar, private event venue, fitness and wellness, salon or med spa, showroom, entertainment, specialty retail, or an owner-user headquarters.
Base rent negotiable
Reach out to the broker for more info on lease terms and amenities
Highlights
- Located in North Loop/Warehouse District, a vibrant, walkable neighborhood known for its historic, industrial-chic atmosphere and converted brick buildings
- Near amenities, retail, and major transportation corridors (I-35W, I-94, I-394, and Hwy 55)
- Very quick access to I-394 ramps
- 5-10 minute walk from Target Center, Target Field, and METRO Green and Blue Line
- Minutes from US Bank Stadium
- Onsite parking; 5 spaces
- Existing hospitality infrastructure
- Excellent owner-user or development opportunity
Attachments
Getting around
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94/100
Walk Score ®
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88/100
Transit Score ®
Location
- City Minneapolis, MN
- Neighborhood Downtown Minneapolis
- Zip Code 55401
- Market Minneapolis St Paul
Points of Interest
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Warehouse District/Hennepin Avenue
0.23 miles
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Target Field - Platform 1
0.24 miles
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Target Field - Platform 2
0.31 miles
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Nicollet Mall
0.35 miles
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Government Plaza
0.55 miles
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Royalston
0.55 miles
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Bassett Creek Valley
1.31 miles
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Cedar-Riverside
1.47 miles
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West Bank
1.49 miles
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Franklin Avenue
1.90 miles
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Holiday
0.40 miles
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EZ Stop
0.95 miles
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Speedway
1.13 miles
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Bobby and Steve's Auto World
1.22 miles
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BP
1.45 miles
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ChargePoint
1.49 miles
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Marathon
1.58 miles
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Mobil
1.87 miles
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Greenlots
2.16 miles
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Tesla Supercharger
2.58 miles
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4th Street Ramp C
0.10 miles
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Hennepin Avenue Parking Ramp
0.21 miles
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5th Street Ramp B
0.23 miles
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Underground Ramp Parking
0.24 miles
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Midtown Parking Ramp
0.25 miles
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Butler Park
0.27 miles
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4th Street North Lot
0.29 miles
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7th Street Ramp A
0.41 miles
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517 Marquette Garage
0.43 miles
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Hawthorne Transportation Center
0.48 miles
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Red Rabbit
0.03 miles
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Stadium Bar and Grill
0.04 miles
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Edwards Dessert Kitchen
0.06 miles
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112 Eatery
0.06 miles
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Runyon's
0.08 miles
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J.D. Hoyt's Supper Club
0.08 miles
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Monte Carlo
0.09 miles
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Bom Dia Treats
0.11 miles
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Dario
0.12 miles
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Pizza Lucé
0.13 miles
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Whole Foods Market
0.17 miles
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City Center
0.38 miles
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Saks Fifth Avenue
0.39 miles
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Union 73
0.40 miles
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Marshalls
0.41 miles
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Gaviidae Common
0.41 miles
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Target
0.61 miles
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Lunds & Byerlys
0.75 miles
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Trader Joe's
0.83 miles
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PURIS
0.93 miles
254 2nd Avenue N Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
254 2nd Avenue N is located in Downtown Minneapolis, which is home to a total of 105 listing(s). The rent for retail space at 254 2nd Avenue N is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
For car-travelling customers, 254 2nd Avenue N has a parking ratio of 0.97 / 1,000 SF, offering 5 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Minneapolis is 33. The average household income here is $62,105 per year.