Compared to the rest of the Minneapolis market, the Nicollet Island region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 19 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,190 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. 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 market. Most of the residents of Nicollet Island work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.