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    702-716 1St St N Minneapolis, MN 55401

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    For Lease
    $14 SF/Yr ($4,534 /Mo)

    Creative office suites in North Loop Minneapolis, 1,000-4,600 SF.

    Property size:
    3,887 SF
    Lot size:
    0.52 Acres

    Property Features for 702-716 1St St N

    General Information

    Size
    3,887 SF
    Lot size
    0.52 Acres

    Source: Schafer Richardson Agent Mike Olson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Office Space in Minneapolis

    Located in the North Loop of Minneapolis, two blocks from Washington Avenue, this property offers creative office suites ranging from 1,000 to 4,600 square feet at affordable rates. The space is flexible, featuring both private and open floor plans, with select suites offering private balcony views of the Mississippi River. An adjacent surface parking lot is available for employees and guests on a contract and daily basis. On-site amenities include 'In The Loop' coffee, lunch, and café services, as well as a building conference room for tenants. The ACME Comedy Club is located in the building, and the property is within walking distance of Borough, Parlour, Crisp & Green, The Loop Bar & Grill, and Black Sheep Pizza.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2746663
    Latitude
    44.9897602

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    FAQs

    What type of property is this?
    Office space - Creative office suites in North Loop Minneapolis, 1,000-4,600 SF.
    Where is this office space located?
    The property is located at 702-716 1St St N Minneapolis, MN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime North Loop Minneapolis location, two blocks off Washington Avenue.; - **Creative office suites with flexible space, private/open floor plans, and private balcony views of the Mississippi River.**; - Affordable rates for suites ranging from 1,000 - 4,600 SF.
    (612) 359-5843
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    702-716 1St St N Minneapolis, MN 55401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    702-716 1St St N Minneapolis, MN 55401
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