2907 Hennepin AveMinneapolis, MN 55408

For Sale
$3,600,000

26,947 SF Creative Office, $3.6M

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional three-story, 26,947-square-foot creative office building, constructed in 1925 and renovated in 2019, presents a unique investment opportunity in Minneapolis' vibrant Uptown neighborhood. Located at 2907 Hennepin Avenue, the property boasts a prime location within the CM4 - Destination Mixed-Use District, offering convenient access to numerous amenities. The building's multi-tenant configuration provides flexibility, with a Net NNN lease type. Its strategic placement offers easy access to major highways (I-35W, I-394, I-94, and MN-100), public transportation (Metro Transit hub), and the Midtown Greenway for bicycle commuters. The surrounding area is rich with retail options, restaurants, and recreational opportunities, including proximity to Bde Maka Ska and Lake of the Isles. The Uptown neighborhood itself is characterized by a diverse population (37,211), high average household income ($105,573), and a median age of 32, creating a strong market for both commercial and residential properties. The 0.19-acre lot provides ample space, and the building's $133.60 per square foot asking price reflects its exceptional location and recent renovations. This property is ideal for investors seeking a high-return asset in a thriving urban environment.

Highlights

  • Exceptional three-story, 26,947 SF creative office building in Minneapolis' Uptown neighborhood.
  • Prime location in CM4 Destination Mixed-Use District at 2907 Hennepin Avenue.
  • Multi-tenant building with Net NNN leases, offering investment flexibility.
  • Excellent access to major highways, public transit, and Midtown Greenway.
  • Surrounded by retail, restaurants, and recreational amenities near Bde Maka Ska.
  • Strong Uptown market with high household income and young demographic.

Property Details for 2907 Hennepin Ave

Property type
Other office properties, Office space
Square Feet
26,947 SF
Year Built/Renovated
1925/2019
Stories
3
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9495744
Longitude
-93.2979418
2907 Hennepin Ave, Minneapolis, Minnesota

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2907 Hennepin Ave
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