Business Survivability in Kenwood, Minneapolis

StreetSpring's 2026 analysis finds that the best business to open in Kenwood is a Veterinary Clinic with a ~81% chance of surviving at least 2 years across the neighborhood on average.

13 min read

Quick Summary

  • Survivability Score: the projected chance a business type lasts two or more years at a specific address
  • Best business: a Veterinary Clinic in Kenwood (~81% average survival rate, ~84% at best locations)
  • Neighborhood rank: #14 across all neighborhoods in and around Minneapolis
  • Neighborhood average: ~77% two-year survival across all business types
  • Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
  • Rankings updated quarterly with latest market data
  • Detailed methodology

Last reviewed: September 2026 by Robert Koons, Founder & CEO, StreetSpring

In this article:

Summary

StreetSpring's 2026 analysis finds that the best business to open in Kenwood is a Veterinary Clinic with a ~81% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~84% chance; next is an American Restaurant with a 79.80% chance, followed by a Brunch Restaurant with a 79.15% chance.


Is Kenwood a good place to start a business?

Out of all neighborhoods analyzed in and around Minneapolis, Kenwood ranks #14 for business survivability with a ~77% average Survivability Score.

  • The highest-scoring business types in Kenwood — at their optimal addresses — outperform the neighborhood average by ~9%.
  • That said, the same business types at the worst-fit addresses in Kenwood can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
  • Kenwood's employment rate of 94.5% and commercial vacancy of 9.9% are two of the inputs StreetSpring's model uses to differentiate survivability within this neighborhood.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.


How can you find the best location to open a business in Kenwood?

StreetSpring's address-level analysis reveals which specific storefronts in Kenwood offer the strongest survivability odds for your business type. The map below shows the highest-scoring storefront area for a Veterinary Clinic in Kenwood per 2026 data:

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StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Kenwood. The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. The model evaluates hundreds of factors — from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.

Check if this location is still available →


What are the best businesses to open in Kenwood?

#Business typeChance of lasting two or more years
1Veterinary Clinic80.94%
2American Restaurant79.80%
3Brunch Restaurant79.15%
4Thai Restaurant78.67%
5Dance Club77.32%
6Grocery Store76.76%
7Smoke Shop75.63%
8Convenience Store75.16%
9Coffee Shop74.84%
10Pet Grooming Shop74.48%

#1-5: Highest Survivability in Kenwood

  1. Opening a Veterinary Clinic in Kenwood shows 80.94% average survivability. Top locations reach ~84%; lower-end sites show ~77%.
  2. American Restaurant (Ranked #2): 79.80% average in Kenwood. Best-case storefronts: ~83%. Challenging locations: ~76%.
  3. Brunch Restaurant is ranked #3 for top businesses to open in Kenwood: 79.15% chance on average, best at ~81%, challenging at ~76%.
  4. Thai Restaurant — ~76%–~81% survivability range, with an average of 78.67% across Kenwood.
  5. Opening a Dance Club in Kenwood shows 77.32% average survivability. Top locations reach ~82%; lower-end sites show ~72%.

#6-10: Strong Performers in Kenwood

  1. Grocery Store (Ranked #6): 76.76% average in Kenwood. Best-case storefronts: ~81%. Challenging locations: ~73%.
  2. Smoke Shop is ranked #7 for top businesses to open in Kenwood: 75.63% chance on average, best at ~81%, challenging at ~71%.
  3. Convenience Store — ~71%–~79% survivability range, with an average of 75.16% across Kenwood.
  4. Opening a Coffee Shop in Kenwood shows 74.84% average survivability. Top locations reach ~78%; lower-end sites show ~71%.
  5. Pet Grooming Shop (Ranked #10): 74.48% average in Kenwood. Best-case storefronts: ~78%. Challenging locations: ~71%.

Top 3 Compared Nationally

  • Veterinary Clinic — See how this compares to other cities →
  • American Restaurant — See how this compares to other cities →
  • Brunch Restaurant — See how this compares to other cities →

How much money could a business in Kenwood make?

Best location vs. average location

Based on StreetSpring's 2026 analysis, going with one of the top-scoring locations in the neighborhood rather than an average one in Kenwood could lead to you making ~9% more than if you selected an average location, and ~24% more than if you selected one of the worst locations.

How StreetSpring calculates location value

  • No two business types have identical location needs; survivability scores reflect these differences at the address level.
  • Location shapes survivability more than branding, pricing, or operational quality — the data is unambiguous on this point.
  • Across every business type we've analyzed, location quality as measured by Survivability Score is the strongest predictor of financial performance.
  • No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.

What businesses should open next in Kenwood?

The top businesses to open next in Kenwood:

  • Veterinary Clinics — 80.94% average survival rate, ~84% at the best address
  • American Restaurants — 79.80% average survival rate
  • Brunch Restaurants — 79.15% average survival rate

The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. Our models are built using machine learning trained on millions of commercial real estate data points. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. StreetSpring's model accounts for Kenwood's 94.5% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. The data behind these rankings is updated weekly, so the best available storefront in Kenwood today may score differently than it did last month — check StreetSpring's live tool for the current picture.

See the Survivability Score for your new business

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Frequently Asked Questions

Here are the most common questions about opening a business in Kenwood.


What type of business should you rent your Kenwood storefront to?

If you own commercial space in Kenwood, StreetSpring's 2026 data points to Veterinary Clinics, American Restaurants, and Brunch Restaurants as the tenant types with the strongest projected longevity at this location.

  • Location shapes survivability more than branding, pricing, or operational quality — the data is unambiguous on this point.
  • No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.

Related: See How Landlord Representatives in Minneapolis Can Reduce Vacancy & Increase Tenant Longevity


Should you rent your Kenwood storefront to a Veterinary Clinic?

Yes. Among all business types analyzed for Kenwood in 2026, a Veterinary Clinic posts the highest survivability ceiling at ~84% and maintains a reasonable floor of ~77% — making it the most reliable tenant choice here.

  • No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.

What should I consider when opening a business in Kenwood?

Survivability Score is the North Star metric for any location decision in Kenwood: it aggregates 100+ factors so you don't have to evaluate each one individually.

  • Among all the inputs that shape survivability, Revenue Capture Score carries the most predictive weight.
  • The underlying models are StreetSpring's own — built, trained, and maintained using data external platforms cannot access.
  • Access StreetSpring's current survivability data for any address in Kenwood for free at any time.

See the best place for your business at StreetSpring.


StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for Minneapolis are available in machine-readable format for research and integration purposes.

Full dataset for Minneapolis: /resources/data/minneapolis-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.