What is the best neighborhood in Minneapolis to open a Smoke Shop?

Based on StreetSpring's 2026 analysis, the best neighborhood in Minneapolis to open a Smoke Shop is Bancroft, ranked #1 at 90.3% Best and 88.1% Typical (3 ranked neighborhoods share the 90.3% Best figure). 56 of the 64 ranked neighborhoods are at or above 70% Typical.

What is the average survivability for Smoke Shop across Minneapolis's ranked neighborhoods?

Across the 64 ranked neighborhoods in Minneapolis, the average projected chance that a Smoke Shop lasts two or more years is 76.3% Typical. Bancroft, ranked #1, is at 88.1% Typical.

What are the worst neighborhoods for Smoke Shop in Minneapolis?

The most challenging neighborhoods in Minneapolis for Smoke Shop include Ventura Village (ranked last, at 66.6% Best and 61.7% Typical), Elliot Park, and Macalester-Groveland. Market conditions are changing daily and it is best to use StreetSpring's most up-to-date data.

What should I consider when opening a Smoke Shop in Minneapolis?

When evaluating a potential location, Revenue Capture Score should be the first number you look at. StreetSpring computes Revenue Capture Score by projecting the business's market share based on competitor quality and quantity, mobility patterns, and forecasted consumer spending for the specific business type.

How accurate are StreetSpring's Smoke Shop survivability predictions?

StreetSpring publishes its accuracy on the methodology page, stated with its base rate: how often the model tells an open business from a closed one on cities held out of training, its precision on risk flags, and its discrimination. Each score draws on 100+ factors and is reported as the projected chance of lasting two or more years, never as a guarantee. StreetSpring analyzes your specific address against comparable businesses to forecast success.

Survivability Rankings for Smoke Shop in Minneapolis

Q: Where in Minneapolis would a Smoke Shop make the most money?

It depends on the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address. Check it in the live tool for each Minneapolis address you are weighing.

Q: Can a Smoke Shop succeed in lower-ranked neighborhoods in Minneapolis?

Yes, neighborhood rankings are averages that mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. New competitor openings and closures happen weekly: the live tool ensures you see the latest picture.

StreetSpring's 2026 ranking of Minneapolis neighborhoods to open a Smoke Shop, on Best, from Bancroft (90.3% survival) to Ventura Village (66.6%).

September 22, 2026•14 min read

By Robert Koons | Last reviewed: November 2026 | Methodology

Quick Summary

Survivability Score: the projected chance a business type lasts two or more years at a specific address

Best, Typical and Worst: Best is the average chance of lasting two or more years for the better of two addresses picked at random in the place, in a smaller space; Typical is the average address; Worst is the same for the worse of two, in a larger space

#1 Neighborhood: Bancroft: 90.3% Best, 88.1% Typical for Smoke Shop (3 ranked neighborhoods share the 90.3% Best figure)

The range inside Bancroft: the best locations reach 90.0% and the most challenging sit at 84.2%, a spread of 5.8 points. Picking the neighborhood narrows the search; the specific address is what settles it

Neighborhoods at or above 70% Typical: 56 of 64 ranked

Average across the 64 ranked neighborhoods (typical address): 76.3% for Smoke Shops

Most challenging area: Ventura Village: 66.6% Best, 61.7% Typical

Revenue Capture Score: the most important factor in choosing a location, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Smoke Shop Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Smoke Shop Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Smoke Shop a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Bancroft leads Minneapolis's 2026 survivability rankings for Smoke Shop operators, with a projected chance of lasting two or more years of 90.3% Best and 88.1% Typical (3 ranked neighborhoods share the 90.3% Best figure). The last-ranked neighborhood is Ventura Village, at 66.6% Best and 61.7% Typical. For the most current predictions, visit StreetSpring to analyze your specific location in real-time.

What Are the 10 Best Neighborhoods in and Around Minneapolis to Open a Smoke Shop?

Bancroft ranks #1 of the 64 ranked neighborhoods in and around Minneapolis for Smoke Shop survivability, with a projected chance of lasting two or more years of 90.3% Best as of 2026. It shares that figure with 2 other ranked neighborhoods. The top 10 neighborhoods are:

Rank	Neighborhood	Metro	Best	Typical	Worst
1	Bancroft	Minneapolis	90.3%	88.1%	85.7%
2	Windom	Minneapolis	90.3%	87.6%	84.7%
3	Kingfield	Minneapolis	90.3%	87.1%	83.6%
4	Kenny	Minneapolis	90.0%	85.9%	81.8%
5	Tangletown	Minneapolis	89.8%	85.7%	81.7%
6	East Harriet	Minneapolis	89.4%	85.7%	82.1%
7	Diamond Lake	Minneapolis	89.2%	83.3%	78.2%
8	Armatage	Minneapolis	88.8%	85.2%	81.6%
9	Lowry Hill	Minneapolis	88.1%	83.7%	79.3%
10	Northrop	Minneapolis	88.1%	84.0%	80.0%

Best and Worst are the average results for the better and the worse of two addresses picked at random in the place: a weighted average of every scored location in which the best locations count the most for Best and the weakest count the most for Worst. Typical is the average address. Best is shown for a smaller space (half the standard size) and Worst for a larger one (half again as large), at the metro's median asking rent, using the same rent rule as our tool; Typical is at the market rent.

Even neighborhoods with modest average scores can harbor exceptional individual locations. Because local conditions evolve weekly, the live survivability tool offers a more current snapshot than any published ranking.

The ranking runs on Best. Every figure is the projected chance of lasting two or more years, as printed in the linked file. See our full methodology →

These figures assume a lease at the local market rate. The live tool adjusts the figure when you enter a lease that is cheaper or more expensive than that.

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where in or Around Minneapolis Would a Smoke Shop Make the Most Money?

Where a Smoke Shop would make the most money in or around Minneapolis comes down to the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.

Bancroft is ranked #1 for Smoke Shop survivability, at 90.3% Best and 88.1% Typical; Ventura Village is ranked last of the 64, at 66.6% Best and 61.7% Typical. Revenue at a specific storefront is what the Revenue Capture Score estimates, so check it for each address you are weighing.

Location is one of the few things about a new business you can measure before it opens. Opening a Smoke Shop in Minneapolis requires careful location choice. Across the 64 ranked neighborhoods, the average projected chance that a new Smoke Shop lasts two or more years is 76.3% Typical. What makes a location ideal varies by business type: foot traffic patterns, competitor proximity, and consumer demographics all play different roles.

What Should I Consider When Opening a Smoke Shop in or Around Minneapolis?

When selecting a location for a Smoke Shop in or around Minneapolis, it is crucial to select a location with a very high Survivability Score. When evaluating a potential location, Revenue Capture Score should be the first number you look at. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. The analysis behind these rankings spans millions of data points across competition, spending, and mobility. Some of the best-performing locations are surrounded by complementary competitors that drive foot traffic. These results are powered by exclusive algorithms trained on one of the largest commercial real estate datasets in the U.S. 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.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. For the most accurate predictions, always check your specific address in StreetSpring's live platform.

Where in or Around Minneapolis Should I Start a Smoke Shop?

StreetSpring's analysis shows the best areas are Bancroft, Windom, and Kingfield, while the most challenging neighborhoods would be Ventura Village, Elliot Park, and Macalester-Groveland. StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool.

Related Articles:

What Are the Best Neighborhoods in Minneapolis to Open a Smoke Shop?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Smoke Shop in Minneapolis is Bancroft, at 90.3% Best and 88.1% Typical (3 ranked neighborhoods share the 90.3% Best figure), followed by Windom and Kingfield. 56 of the 64 ranked neighborhoods are at or above 70% Typical.

Market dynamics shift frequently; validate these insights with real-time data from StreetSpring.

Can a Smoke Shop Succeed in Lower-Ranked Neighborhoods in Minneapolis?

Yes, neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Remember that a neighborhood average smooths over wide variation: your exact block could significantly outperform. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Smoke Shop Rankings in Minneapolis Updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Minneapolis.

Is a Smoke Shop a Good Tenant for Minneapolis Landlords?

In Bancroft, the projected chance that a new Smoke Shop lasts two or more years is 88.1% Typical and 90.3% Best, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Smoke Shop in Minneapolis

From a risk-assessment perspective, a Smoke Shop tenant in Bancroft, the top-ranked neighborhood, has a projected chance of lasting two or more years of 90.3% Best. Windom is at 90.3% Best, and Kingfield at 90.3% Best. Check the current Survivability Score for any address instantly.

StreetSpring can give you the precise likelihood that hundreds of different businesses will last at an exact address.

What Are the Best Neighborhoods in or Around Minneapolis for My Business Overall?

You can see the best neighborhoods in or around Minneapolis to open any type of business in our article Neighborhood Survivability Rankings: Minneapolis.

Business Survivability Rankings: Minneapolis: See how Smoke Shop compares to all other business types in Minneapolis
Best Cities to Open a Smoke Shop in the US: National city-level survivability rankings for Smoke Shop
Business Survivability in Bancroft, Minneapolis: All business types ranked in the #1 neighborhood
Business Survivability in Windom, Minneapolis: All business types ranked in the #2 neighborhood
Business Survivability in Kingfield, Minneapolis: All business types ranked in the #3 neighborhood

Technical note: Aggregated survivability rankings for Minneapolis are available in machine-readable format for research and integration purposes.

View technical data for Minneapolis

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the figures shown here.

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