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Ground-Floor Retail with Office Floors
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314 1st Ave N, Minneapolis, MN 55401

First-floor space offers retail visibility, with additional basement space and multiple occupied office levels above.

Space Size3,800 SF
Days on Market1389

Property Features for 314 1st Ave N

General Information

Standard status Active
Size 3,800 SF
Property subtype OFFICE

Site & Location

Neighborhood Downtown West

Building Details

Stories 4
Tenancy Multi

Spaces For Lease

at 314 1st Ave N
Office Space for Lease AVAILABLE
Floor LL
Size 3,800 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
Sublease No
Located in the bustling Warehouse District, this. property has great access to Downtown with the. Target Center, First Avenue and the Hennepin. Theater District, and neighbors the vibrant North. Loop. The first floor has 3,627 SF available with excellent. retail visibility, with another 3,800 SF available in. the basement. The second and third floors have. beautifully finished, occupied office spaces. The. fourth floor is occupied by a private club and. includes a roof top deck.. This property is a perfect opportunity for an owner-occupier looking for ground floor retail, restaurant, or bar space.
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Listing Agency: Assembly MN LLC
Listed By: Nicholas Peterson
Source: Moodyscre
Added: Jan 10, 2023 Changed: Oct 25 Last Checked: Oct 28 at 10:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Assembly MN LLC

Rey
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Investment Insights

Based on property information with market context.

This mixed-use building includes a first-floor retail area with retail visibility, along with additional basement space available. The second and third floors are finished and currently occupied as office spaces. The fourth floor is occupied by a private club and includes a rooftop deck.

Located at 314 1st Ave N in the Warehouse District, the property provides access to Downtown and is near the Target Center, First Avenue, and the Hennepin Theater District, with the North Loop as a neighboring area.

The current configuration supports a ground-floor retail, restaurant, or bar use, paired with office space on upper levels and a private club on the top floor.

Key Highlights

  • First‑floor space offers 3,627 SF with retail visibility in the Warehouse District
  • Additional 3,800 SF available in the basement for expansion or storage
  • Second and third floors feature finished, occupied office spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brick x Mortar Coworking & Hybrid Office Polly Meyer Executive ... Consultant The After Midnight Group Corporate Office K2 & CO Marketing & Advertising Creative Copilot Film Production

Suggested Use

Top Pick Electrical Service Pet Grooming Service Locksmith Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,378
Businesses Nearby

Demographics for 55401, MN

12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Minneapolis, MN

$18.75 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,062 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - First-floor space offers retail visibility, with additional basement space and multiple occupied office levels above.
Where is this office unit located?
The property is located at 314 1st Ave N Minneapolis, MN.
What are key features of this property?
This property features: First‑floor space offers 3,627 SF with retail visibility in the Warehouse District; Additional 3,800 SF available in the basement for expansion or storage; Second and third floors feature finished, occupied office spaces
(612) 205-5690 Call to check price and availability
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