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Flex Space with Semi-High Dock Access
For Lease
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1618-1620 NE Central Ave, Minneapolis, MN 55413

Flex space with office, production and warehouse areas, historic bridge cranes, and private exterior pedestrian access.

Space Size19,396 SF
Days on Market564

Property Features for 1618-1620 NE Central Ave

General Information

Standard status Active
Size 19,396 SF
Property subtype INDUSTRIAL
Lease Type NNN

Site & Location

Neighborhood University

Warehouse & Industrial

Mezzanine 971 SF
Voltage 480 V
Three-Phase Power Yes
Heavy Power Yes

Additional Details

Space Use Manufacturing

Building Details

Construction steel frame

Spaces For Lease

at 1618-1620 NE Central Ave
Flex Space Thorp Building $10/SF/Yr
Floor 1
Size 19,396 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Existing • Office, production/warehouse and small cocktail room • Small cocktail room could be re-used as a breakroom and lounge area • Three private restrooms with access to building common restrooms • 971 SF of mezzanine space • Private semi-high dock and exterior dock / patio • 3 private garage doors/docks • Dedicated and general parking • Private direct exterior pedestrian access • Historic operable manual bridge cranes • Heavy floor loads - 6” concrete slab • Massive steel column, beam & strut construction • Media blasted wood tongue and groove ceiling • Heavy power 480, 3 phase • Refurbished historic metal sash operable windows • High efficiency RTU Heat/AC with separate electric meters in office and cocktail room “As is, where is” with the following work to be completed as part of the base building improvements • Selective demo • Install 3 new RTU’s Heat/AC/Fresh Air & connect to existing ducting • Replace existing patio/dock and ADA ramp • Check and repair steam heating system return line slopes, traps and valves • Fresh paint on exterior doors • Check and provide preventative maintenance for existing garage doors and pedestrian doors • Restore existing drywall, sanded ready for paint • Construction cleaning • Architectural Fit Plan • Tenant improvement allowance is available to be amortized over the term
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Listing Agency: Bohm Commercial Real Estate
Listed By: Jon Sander
Source: Moodyscre
Added: Apr 15, 2025 Changed: Oct 25 Last Checked: Oct 28 at 10:39AM

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 Bohm Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This flex space combines office, production/warehouse, and a small cocktail room that can be reused as a breakroom and lounge area. The layout includes three private restrooms with access to the building’s common restrooms. A mezzanine level provides 971 SF of additional space.

The building supports logistics with a private semi-high dock plus an exterior dock/patio area, along with 3 private garage doors/docks and dedicated and general parking. Private direct exterior pedestrian access is available for secure entry. Historic operable manual bridge cranes are included, supported by massive steel column, beam, and strut construction and a heavy 6” concrete slab designed for industrial use.

Mechanical and electrical features include heavy power (480, 3 phase) and high efficiency RTU heat/AC with separate electric meters for the office and cocktail room. The property is offered “as is, where is” with base building improvements listed for selective demo, new RTU installations and connections, replacement of the patio/dock and ADA ramp, repairs to the steam heating system return line, exterior door paint, and related cleaning and restoration work.

Key Highlights

  • 19,396 SF flex space with office, production/warehouse, and small cocktail room
  • 971 SF mezzanine space
  • Private semi‑high dock plus exterior dock/patio; 3 private garage doors/docks

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Electrical Service Parking Lot & Garage (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

Yes
Heavy power
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,392
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55413, MN

13,914
Population
8,080
Households
1.7
Avg Household Size
34
Median Age
58%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
4,488
Density / Sq Mi
$84,252
Median Household Income
$57,091
Median Earnings
$1,497
Median Rent
$354,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Minneapolis, MN

7.2% 2019
7.7% 2020
3.6% 2021
3% 2022
4.3% 2023
4.3% 2024
4.7% 2025

Similar Off Market Nearby

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  • Food Gallery Catering — 2010 E Hennepin Ave Suite 7-101, Minneapolis, MN 55413
  • Black Cat Natural Foods — 2010 E Hennepin Ave, Minneapolis, MN 55413
  • Saint Paul's Finest — 1517 central ave ne, minneapolis, mn 55413
  • Bealicious Eggrolls — 1540 New Brighton Blvd, Minneapolis, MN 55413

Frequently Asked Questions

What type of property is this?
Flex space - Flex space with office, production and warehouse areas, historic bridge cranes, and private exterior pedestrian access.
Where is this flex space located?
The property is located at 1618-1620 NE Central Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 19,396 SF flex space with office, production/warehouse, and small cocktail room; 971 SF mezzanine space; Private semi‑high dock plus exterior dock/patio; 3 private garage doors/docks
(612) 788-9770 · Office Call to check price and availability
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