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31638816
31638817

905 North 5th Street, Minneapolis, MN 55401 For Sale

MF
MN MN 709628
Fidler Commercial
Listed by Fidler Commercial
$2,400,000
98 days on market
Updated 30 days ago

905 North 5th Street

Details
Property Type Retail, Office
Sub Type Storefront, Creative Office (+1)
Square Footage 22,024
Net Rentable (SqFt) 22,000
Units 27
Occupancy 40%
Tenancy Multi
Lease Type Modified
Lease Options 90-day cancelation notice
Class B
Year Built 1927
Year Renovated 2018
Buildings 1
Lot Size (SqFt) 24,000
Zoning B4S-1 (Service Commercial District), Minneapolis
Parking Spaces 27 spaces
Parking per 1,000 SqFt 1.23
Investment Type Value Add
Ground Lease No
Ceiling Height 12
Loading Docks 2
Dock High Doors 1
Sale Condition Sale for leaseback

North Loop Flex Opportunity | 22,024 SF | Seller Financing Available

Marketing description

905 North Loop Flex Property at 905 N 5th St, Minneapolis, MN 55401 presents a rare chance to acquire a highly flexible commercial asset in the heart of Minneapolis’ coveted North Loop. Offered at $2,450,000, this 22,024 SF retail/flex property sits on 0.59 acres and is well-positioned for investors, owner-users, or developers seeking immediate utility with future upside. The existing building includes strong visibility, on-building signage, one elevator, and 27 parking spaces—an exceptional amenity in this tightly held urban submarket. With secondary use potential for office and flex/R&D, the property supports a wide range of business and repositioning strategies. A key advantage is the current lease structure: all tenants are on 90-day termination clauses, giving a new owner uncommon flexibility to re-tenant, occupy, restructure, or redevelop the asset. Seller financing is also available, creating an attractive path for buyers looking to capitalize on a rare North Loop opportunity. Located in one of Minneapolis’ most desirable neighborhoods, this is a compelling opportunity to unlock value in a constrained and fast-evolving market.

Investment highlights

Completely renovated approximately eight years ago, this 22,024 SF North Loop building offers a level of quality, functionality, and flexibility rarely available in today's market. The property features extensive interior and exterior improvements, abundant on-site parking, seller financing, and short-term tenant commitments that provide future occupancy flexibility. Whether the objective is owner occupancy, investment, repositioning, or redevelopment, the property offers multiple paths to create value in one of Minneapolis' most desirable neighborhoods.

Listing Contacts

MF
MN MN 709628
Fidler Commercial
Listed by Fidler Commercial

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Additional Information

Name
Michael Fidler
License
MN 709628
Brokerage
Fidler Commercial
Brokerage Phone
6123348940
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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