Office for Sale in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Minneapolis, MN 55402

Description

The City’s symbolic Town Square, conveniently located in the heart of the financial and retail district. Its distinctive cut-back exterior design provides the potential for 32 “corner” offices with full height glass on each floor. The efficient floor design offers column free interior space and optimum bay depth for office planning flexibility. The Crystal Court provides a wide variety of retail stores, services and restaurants in an urban park-like setting with a 105’ ceiling to floor water fountain and bench seating nestled among Black Olive Trees. Contact agent for more info. Heralded by the New York Times as "one of the finest skyscrapers built in any American City", IDS Center is more than a landmark, it is the centerpiece of the downtown Minneapolis skyline. World renowned architect Philip Johnson completed this award winning architecture in 1972 and it remains one of the most prominent properties west of the Mississippi River. Containing over 2 million-use post-modern design is comprised of a 57-story office tower with an 8-story annex, 2-story retail center and 19-story four diamond, Marquette Hotel (owned/operated by Hilton Properties), surrounding an enclosed indoor 8-story, 24,000 SF Crystal Court. IDS Center is located at the core of the skyway system for the Central Business District (CBD) and boasts the highest traveled skyway. The Crystal Court is the social networking hub/crossroads of the business and commerce for the CBD. The IDS Center Crystal Court is an indoor urban park featuring a 105-foot cascading water fountain, 18 black olive trees, 68 white benches with retail amenities adorning the perimeter: 4 casual/white tablecloth restaurants, various retailers; such as Banana Republic, Gap/GapKids, Starbucks and Hubert White, a fine men’s clothier; five banks, convenience store, professional dry cleaners, Rocco Altobelli hair salon, Love From Minnesota gift shop, T-Mobile store, Fedex Kinko’s, climate-controlled public parking and shoe shine. The re

Market Context

This office in Minneapolis, MN is listed for sale. It has been on the market for 93 days. Compare it against other office listings for sale in Minneapolis, MN — <a href="/search/sale/office/minnesota/minneapolis">view the full market</a>.

As of Q1 2026, the Minneapolis office market showed average asking rents near $29.92/SF/yr, and cap rates around 12.1%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Minneapolis?
About 12.1% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$36.52/SF – $49.42/SF

Mid: $42.97/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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