5601 Nicollet Avenue, Minneapolis, MN 55419

$18
Property Type: Commercial Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $18 List Date: 7/03/2025 Last Modified: 1/27/2026

Overview

Description

Freestanding, move-in-ready office building available for lease in South Minneapolis. This fully built-out space features 8 private, glass-accented offices—flexible for use as conference rooms—along with a welcoming reception area, a breakroom, and two restrooms. Enjoy convenient off-street parking for up to 4 vehicles and access to high-speed fiber internet. Strategically located along a major transit corridor, this property is zoned AP, BFC4, and RM1, offering a variety of potential commercial and professional uses. An ideal opportunity for businesses seeking a modern, functional workspace in a central and accessible location.

Listing Details MLS# 6747227

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
4
Owner Occupied
No
Waterfront Present
No
Year Built
1968
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
657
For Sale or Lease
For Lease
Acres
0.11
Lot Dimensions
40 x 119
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Patio CMU Style: Freestanding; Office; Single Occupancy Construction Status: Previously Owned Current Use: Office Exterior: Cement Board Flooring: Carpet Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Lease Details: Triple Net Loan Terms: Cash Location Description: Free Standing Lot Description: Corner Lot Miscellaneous Information: Alley; Building Sign On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot; Paved Lot; Unassigned Potential Use: Office; Other Road Responsibility: Public Maintained Road Roof: Flat Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Gas; Trash Collection; Water Water: City Water/Connected

Contract Information

Off Market Date
2025-09-03
Closed Date
2025-09-01
Sales Close Price
18
Original List Price
21
Contingency
None
ListPrice
21
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5601
Street Name
Nicollet
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55419
Complex/Dev/Subdivision
Thorpe Bros Nicollet Manor

Assessments

Tax With Assessments
10687
Assessment Balance
0

Building Information

Building Finished SqFt
2030
Building SqFt
2174
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot
Triple Net
Yes

Miscellaneous Information

Homestead
No
Alley
Yes
Building Sign
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
22
Township#
28

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Leased?
No

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 012 BLOCK 004 THORPE BROS NICOLLET MANOR
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
5001
Property ID Number
2202824130110
Tax Year
2025
Tax Amount
10687
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Freestanding, move-in-ready office building available for lease in South Minneapolis. This fully built-out space features 8 private, glass-accented offices—flexible for use as conference rooms—along with a welcoming reception area, a breakroom, and two restrooms. Enjoy convenient off-street parking for up to 4 vehicles and access to high-speed fiber internet. Strategically located along a major transit corridor, this property is zoned AP, BFC4, and RM1, offering a variety of potential commercial and professional uses. An ideal opportunity for businesses seeking a modern, functional workspace in a central and accessible location.
Directions
Property is on the corner of 56th and Nicollet.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Patio
Yes

Construction Status

Previously Owned
Yes

Exterior

Cement Board
Yes

Flooring

Carpet
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Fiber Optic
Yes

Lot Description

Corner Lot
Yes

Parking Characteristics

Garage Dimensions
No
Parking Lot
Yes
Paved Lot
Yes
Unassigned
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Flat
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Trash Collection
Yes
Water
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Freestanding
Yes
Office
Yes
Single Occupancy
Yes

Current Use

Office
Yes

Loan Terms

Cash
Yes

Location Description

Free Standing
Yes

Potential Use

Office
Yes
Other
Yes
IDX
Listing Office: Engel & Volkers Minneapolis Downtown
Last Updated: January - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.