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Creative Office and Mixed-Use Building
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1515 NE Central Ave, Minneapolis, MN 55413

71,353 SF creative office and mixed-use building on 5.72 acres in Northeast Minneapolis.

Property Size71,353 SF
Lot Size5.72 Acres
Days on Market124

Property Features for 1515 NE Central Ave

General Information

Standard status Active
Size 71,353 SF
Lot size 5.72 Acres
Property subtype Office
Listing Agency: Newmark - Minneapolis
Listed By: Tim Prinsen · License #MN 20006389
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:10AM

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 Newmark - Minneapolis

Investment Insights

Based on property information with market context.

The property at 1515 NE Central Ave consists of a 71,353-square-foot creative office and mixed-use building with 5.72 acres of covered land. The offering is positioned for occupancy and use within Minneapolis’ northeast area, where the mix of creative office and mixed-use space supports flexible business needs.

The building is located in Northeast Minneapolis. Its site includes substantial covered land area in addition to the main structure, which may be important for operations requiring protected outdoor space.

As presented, the asset is best described as a creative office and mixed-use building on a sizable 5.72-acre parcel, offering a combined mix of building space and covered land on-site.

Key Highlights

  • 71,353 SF creative office and mixed‑use building
  • Set on 5.72 acres
  • Located in Northeast Minneapolis

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Accounting Firm Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,423
Businesses Nearby

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

Market

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
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Frequently Asked Questions

What type of property is this?
Creative space - 71,353 SF creative office and mixed-use building on 5.72 acres in Northeast Minneapolis.
Where is this creative space located?
The property is located at 1515 NE Central Ave Minneapolis, MN.
What are key features of this property?
This property features: 71,353 SF creative office and mixed‑use building; Set on 5.72 acres; Located in Northeast Minneapolis
(612) 440-0010 Call to check price and availability
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