Compared to the rest of the Minneapolis market, the Nicollet Island submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 16 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,020 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1914 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the residents of Nicollet Island work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.