Prospect Park Properties

Welcome to Prospect Park Properties

Total Available space for lease: 12,683 sq ft.

Prospect Park Business Center

2929 University Ave. Southeast

One of the most striking buildings on University Ave in the heart of historic Prospect Park Minneapolis.

Built in 1946 by Caterpiller, it was designed and approved during World War II. Caterpiller’s assembly of heavy equipment was considered vital to the war effort and therefore building materials were generously dedicated and the building was designed to last. Extra thick floors and walls have kept the building straight and strong and adds great sound resistance. The office’s unique split-level floor plan provides opportunity for several private and interesting office layouts. Kemps Ice Cream/Marigold Foods took over the property in 1965 and has used it as their headquarters since then.

For the first time this prime location is available to you, and is being offered at attractive terms for imediate occupancy.

Space Currently Available
Office Space
  • Space Currently Available
    • Second floor-2,973 square feet Available
    • $10.00 per square foot plus 6.37 per square foot operating expenses
    • 3-5 year lease
    • Build out allowances
    • Available immediately
  • Building Amenities
    • On site tech support
    • On site 24/7 fitness center
    • On site day care
    • Air conditioned
    • 6 restrooms
    • Off street parking
    • Janitorial Services
    • On site building management
    • Coming Soon: Coffee Shop/Cafe
    • Coming Soon: Rain Garden/Waterfall
Auto Body Garages
  • Space Currently Available
    • 2 stalls available immediately
    • 18 x 32 ft - $1,250 per month
    • 16 x 32 ft - $1,100 per month
    • 1 year lease or month to month
  • Building Amenities
    • Off street parking
    • Fenced lot-locked at night
    • Use of Paint Booth
    • Make-up Air
    • Infrared Heat
    • Private entrances
    • 15’ clear ceilings
    • Restroom/locker room/lunch room
    • Trash removal, snow plowing, utilities, scrap metal recycling include

Come Join ourCurrent Tennants

 2929 University Ave. 2929 University Ave. Front 2929 University Ave. Back 2929 University Ave. Rain Garden Suites Available
Suite Level SqFt. Rent
  Messazine E 342 $466.55
Messazine W 342 $466.55
208   493 $672.53
201 2nd Floor West 694 $946.73
312 3rd Floor 387 $425.62

2800 University Ave SE

2 Story Office Building
2,975 AvailableSq. Ft.

Space currently Available
  • 2nd Floor - Suite 201
    • 887 Rentable square-feet
    • Asking $10.50 / sq. ft. per year plus $7.63/ sq. ft. current operating expenses
    • View floorplan
  • 2nd Floor - Suite 200
    • 2,108 Rentable square-feet
    • Asking $10.50/sq. ft. per year plus $7.63/sq. ft. current operating expenses
    • 3 year + lease
    • Build-out allowance
    • View floorplan
Building Amenities
  • Elevator
  • Off-Street Parking
  • 5 common use restrooms - 1 with shower
  • Fully Air Conditioned
  • Janitor Service Included
  • Excellent Location: 4 blocks from U of M

Come Join ourCurrent Tennants

2812 University Ave SE

1 Story Commercial Building
13,850 Available square-feet

Space currently available
  • 10,000 square-feet shop space for Auto Body or Auto Repair
    • Asking $5.00/sq. ft
    • 3 year + lease
  • 3,850 square-feet retail space available
    • $13.00/sq. ft gross
    • 3 year + lease
Building Amenities
  • 15 ft. + Ceilings
  • 14 x 16 Overhead Door
  • Radiant Heat
  • 45 Off-Street Parking Stalls
  • 9 Auto Hoists
  • 2 Compressors
  • Paint Booth
  • Other Equipment
2812 University Ave Click here to enlarge picture

2812 University Ave SE

200 ft. Radio/Communications Tower

  • Asking $200 - $500/month
  • Equipment space on ground available

Proposed building at 2812 University Ave S.E.

  • We plan to tear down the existing building at this address and erect a 2-4 story office/retail building with 26,000 - 52,000 square-feet.
  • Looking for tenants at $12.00 - $14.00 / sq. ft. plus operating expenses
  • 5+ year lease
  • Construction could begin in 2006 with completion / occupancy in 2007

Concept Drawing Click to Enlarge Floorplan