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Industrial Space with Bridge Crane
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1618-1620 NE Central Ave, Minneapolis, MN 55413

Industrial space includes a bridge crane, heavy floor loads, and 480V three-phase power.

Space Size5,494 SF
Days on Market658

Property Features for 1618-1620 NE Central Ave

General Information

Standard status Active
Size 5,494 SF
Property subtype INDUSTRIAL
Lease Type NNN

Site & Location

Neighborhood University

Additional Details

Heavy Power Yes

Building Details

Construction Massive steel beam strut construction

Spaces For Lease

at 1618-1620 NE Central Ave
Flex Light Industrial Space at the Thorp Building $10.75/SF/Yr
Floor 1
Size 5,494 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• $10.75 SF/year base • $8.85 SF/year tax, CAM & general utilities • 456 SF of mezzanine space • Private pedestrian access • Bridge crane • Heavy floor loads - 4” to 6” concrete slab @ 3 feet above bedrock • Massive steel beam strut construction • Wood tongue and groove ceiling • Heavy power 480, 3 phase • Historic windows • Rough-in plumbing • Tenant improvement allowance available to be amortized over term
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Listing Agency: Bohm Commercial Real Estate
Listed By: Jon Sander
Source: Moodyscre
Added: Jan 8, 2025 Changed: Oct 25 Last Checked: Oct 26 at 5:08PM

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 industrial/manufacturing space offers 4"–6" concrete slab with heavy floor loading, along with massive steel beam strut construction. The space includes a 456 SF mezzanine area and features a rough-in plumbing, wood tongue and groove ceiling, and historic windows. Tenant improvement allowance is available and can be amortized over the term.

Access is provided via private pedestrian entry. The property also includes heavy power service with 480V, 3-phase electrical capacity, supporting a range of industrial users.

Additional physical features include a bridge crane and concrete installation approximately 3 feet above bedrock. The space also includes rough framing and infrastructure suitable for build-outs, subject to agreement.

Key Highlights

  • $10.75/SF per year base rent with $8.85/SF per year for tax, CAM, and general utilities
  • Industrial space includes a bridge crane and heavy power: 480V 3‑phase
  • 4" to 6" concrete slab with heavy floor loads, located about 3 feet above bedrock

Property Analytics

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

Current Use

Manufacturing properties

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
$1.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,392
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
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

Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial space includes a bridge crane, heavy floor loads, and 480V three-phase power.
Where is this manufacturing property located?
The property is located at 1618-1620 NE Central Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $10.75 SF/Yr.
What are key features of this property?
This property features: $10.75/SF per year base rent with $8.85/SF per year for tax, CAM, and general utilities; Industrial space includes a bridge crane and heavy power: 480V 3‑phase; 4" to 6" concrete slab with heavy floor loads, located about 3 feet above bedrock
(612) 788-9770 Call to check price and availability
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