Compared to the rest of the Minneapolis market, the Northeast Minneapolis submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 13 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Northeast Minneapolis are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,720 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1930 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Northeast Minneapolis folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.