Active

1256 Penn Avenue N

Minneapolis MN, 55411

$16


$0.00 per sqft

Active

174,000 sqft

Commercial

Built in 2018

The Regional Acceleration Center (RAC Building) was built in 2018 & is located at Penn & Plymouth Ave. N in Minneapolis. The building offers modern office and retail space in close proximity to downtown, Broadway Ave,
Theodore Wirth Park, hwy 55, bike routes, & public transport. Ample underground
parking in adjoining ramp. Building includes shared lobby that is monitored during regular business hours & shared elevators.
Level 1 (L1) retail spaces offer street visibility w/ private entrances, offices & executive suites, conference room, common area, kitchenettes, & ADA
bathrooms.
Level 4 (L4) is a large area that can be subdivided into smaller spaces (i.e. 2500-3500 SF range), + private office suites.
Huge rooftop terrace, with stunning views of Minneapolis skyline, available for tenants to use daily as well as rent for special events. Ideal for destination retail use such as a bank, dentist or service-related office like accounting, law firm or non-profit.

6670348

MLS ID

February 12, 2025

Listed

March 4, 2025

Updated

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.31 Acres


Lot Features

Corner Lot


Sewer

City Sewer - In Street

School Information

School District

Minneapolis

Other Property Details

Taxes

$10


Tax Frequency

Annually


Days on Market

20


Accessibility

Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42, Door Lever Handles


Association Amenities

Elevator(s), Fire Sprinkler System, Other, Patio


Garage

Yes


Garage Spaces

99


Parking

Underground


View

No


County

Hennepin


Water Source

City Water - In Street


Utilities

Electric Separate, Heating Separate

 

Courtesy of Assembly MN LLC

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor A Good Life Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Northstar MLS. All rights reserved. 

Data last updated 4:09 PM UTC, 3/4/2025

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