2429 Nicollet Avenue S, Minneapolis, MN 55404 (MLS# 6808070)

2429 Nicollet Avenue S, Minneapolis, MN 55404

$3,400,000
Property Type: Commercial Square Footage: 19,683 Lot Size (sq. ft.): 33,106 Status: Active
Current Price: $3,400,000 List Date: 10/27/2025 Last Modified: 6/26/2026

Overview

Description

This building and site represent a rare opportunity for an owner/user or investor to secure a fantastic fully renovated office/flex building on a stretch of Nicollet ave poised for tremendous growth as Nicollet Ave is full opened to the South. The 3/4 acre site features (2) parking lots on either side of the building for 55 cars. (The south parking lot offers intriguing development possibilities..) The 2016 renovation included all new electric, plumbing, heating/cooling, new roof, high end exterior and interior finishes, new elevator, and more. The property is fully leased, please do not disturb tenants and do not visit the building without notifying List Agent.

Listing Details MLS# 6808070

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
55
Owner Occupied
Yes
Waterfront YN
No
Year Built
1957
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
6325
Garage Stalls
2
For Sale or Lease
For Sale
Acres
0.76
Lot Dimensions
267 x 125
Assessment Pending
No

Property Features

Accessible: Accessible Elevator Installed; Doors 36"+ Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Full CMU Style: Office Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Current Use: Office Exterior: Aluminum Siding; Brick/Stone; Cement Board; Steel Siding; Wood Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Potential Use: Other; Professional Roof: Age Over 8 Years; Rubber Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
3400000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2429
Street Name
Nicollet
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55404
Complex/Dev/Subdivision
Cochrans Add

Assessments

Tax With Assessments
95812

Building Information

Building Finished SqFt
19683
Building SqFt
19683

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
34
Township#
29

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes

Unit Details

Total Units
Yes

Documents

IDX
Listing Office: Leverage Realty
Last Updated: June - 26 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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