Property for Sale in Minneapolis
4251 Nicollet Avenue
Minneapolis, MN 55409

Price
$1,150,000

MLS #
7140839

Status
Active


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Property Details

Year Built
1908

Square Feet
6,696

Parking Features
Parking Lot,Open

Acres
0.12

Zoning
Business/Commercial

2026 Property Taxes
$21,498

School District
Minneapolis

County
Hennepin


Rare Kingfield office/retail building for sale in a highly desirable South Minneapolis location at Nicollet Avenue and 43rd Street. Beautifully renovated in 2021–2022, the property presents an excellent opportunity for an investor, 1031 exchange buyer, or owner/user. The building is currently owner-occupied and will be vacated at closing. The 6,696-square-foot building includes 3,348 square feet on the main level and a full 3,348-square-foot basement. The turn-key main level is currently built out as a modern real estate office featuring abundant natural light, five private offices, two conference rooms, a large open workspace, flex space, a kitchen, a restroom, and collaborative work areas. The partially finished lower level provides substantial additional space for storage, work areas, and a workout room. The main level could potentially be divided into two suites utilizing the two existing storefront entrances and interior garage-style doors that provide a natural separation between the spaces. Four dedicated parking stalls are located directly behind the building with convenient alley access. Recent improvements include a 19.6 k W rooftop solar system installed in 2025, consisting of 43 solar panels with Enphase inverters and estimated annual production of approximately 23,635 k Wh. Additional building improvements include a roof installed in 2002, HVAC installed in 2007, a storage and restroom addition completed in 2007, and a major office renovation completed by the current owner in 2021–2022. The property’s flexible CM2 Corridor Mixed-Use zoning accommodates a broad range of retail, office, service, residential, and mixed-use opportunities. Its Kingfield location is surrounded by dense residential neighborhoods, restaurants, neighborhood retail, apartments, and everyday amenities. Approximately 24,329 residents with an average household income of $140,183 live within one mile, while Nicollet Avenue carries approximately 6,871 vehicles per day, providing consistent visibility and exposure.


Located on Nicollet Ave in South Minneapolis, MN in between E 42nd St & E 43rd St


Located on Nicollet Ave in South Minneapolis, MN in between E 42nd St & E 43rd St

Features


Utilities
Electric Common,Heating Common,Hot Water Common

Cooling
Central Air

Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Lot Size
40x126

Foundation
Block,Poured Concrete

Additional Info


Listed By
Mark Hulsey of RE/MAX Results

Listed
09/08/26 and last updated 09/09/26

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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