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Minneapolis Flex Space Available
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1618-1620 NE Central Ave, Minneapolis, MN

Flex space with high ceilings and heavy power available for rent.

Space Size462 SF - 19,396 SF
Lot Size5.68 Acres
Days on Market316

Property Features for 1618-1620 NE Central Ave

General Information

Standard status Active
Size 462 SF - 19,396 SF
Lot size 5.68 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1618-1620 NE Central Ave Contact us

840 SF Flex Use Space in Thorp Building $7.50/SF/Yr

Floor 2
Size 840 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Artist studio, creative, flex corner studio with 2 connecting rooms, utility sink, and 2 entrances.
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Flex/Office Space at the Thorp Building $12.50/SF/Yr

Floor 1
Size 2,546 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Existing • Large north and east facing windows • Separate conference or office rooms • 1st floor location • Located on Central Ave NE • Roughed-in plumbing • A/C (A/C electric charged separately) • Access to common docks “As is, where is” with the following work to be completed as part of the base building improvements: • Check and replace or repair steam heating system return line slopes, traps and valves as needed • Construction cleaning • Architectural Fit Plan • Tenant improvement allowance available to be amortized over the term
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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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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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Flex Light Industrial Space at the Thorp Building $11.75/SF/Yr

Floor 1
Size 8,824 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• $11.75 SF/year base • $8.85 SF/year tax, CAM & general utilities • 515 SF of mezzanine space • Two private restrooms • Private dock • 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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Flex Space, Art Studio $5.05/SF/Yr

Floor Lower Level
Size 1,465 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• $5.05 SF/year base • $8.85 SF/year tax, CAM & general utilities • South facing windows • Concrete floor • Private access to material lift (non-passenger elevator) • Plumbing and utility sink • Lower level location • Access to common docks • “As is, where is” • Tenant improvement allowance available to be amortized over term
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Creative, Light Industrial, Office, Art, Flex Space for Lease $12/SF/Yr

Floor 1
Size 5,320 SF
Type FLEX_R_AND_D
Availability AVAILABLE, On Available Date
Sublease No
1620-177. Available Spring 2027. First floor flex space with combination office space and a large high bay area. Private entrance, historic operable windows, heavy floor loads, heavy power available.
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Creative Space Available for Lease $6/SF/Yr

Floor 1
Size 462 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, On Available Date
Sublease No
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Flex Space For Lease $11.14/SF/Yr

Floor 2
Size 775 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Available Mid-November. Artist studio, creative, flex space. Second floor, corner suite, with a private restroom. South and East facing windows and air conditioning.
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Cafe & Light Food Space Available $20/SF/Yr

Floor 1
Size 2,356 SF
Type SPECIALTY
Lease Type NNN
Availability AVAILABLE
Sublease No
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Listing Agency: Bohm Commercial Real Estate
Listed By: Jon Sander
Source: Moodyscre
Added: Nov 23, 2025 Changed: Oct 4 Last Checked: Oct 4 at 11:51AM

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

Investment Insights

Based on property information with market context.

This flex space, suitable for industrial and warehouse use, offers an $8.52 per square foot annual rate covering tax, CAM, and utilities. The first-floor space features high ceilings, heavy floor load, heavy power, a sink, and access to common docks. Base building improvements and renovations include demolition of interior walls, a new LED lighting plan, inspection and repair or replacement of steam heating system return line slopes, traps, and valves as needed, construction cleaning, and an architectural fit plan. A tenant improvement allowance is available to be amortized over the term. The property is offered in "as is, where is" condition and comprises 1,932 square feet.

Key Highlights

  • Low cost: $8.52 SF/year includes Tax, CAM, and Utilities
  • Tenant improvement allowance available
  • Heavy floor load and heavy power

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Pet Grooming Service Locksmith Butcher Restaurant (Bike/Boat/Book/etc) Store Adult Day Care

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

NNN (Triple Net)
Lease Type
$1.67 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,653
Businesses Nearby
Balanced
Demand for This Use
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
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • La Belle Crepe Catering — 825 Nicollet Mall suite 100, Minneapolis, MN 55402
  • Park Cafe Catering — 800 S Marquette Ave UNIT 107, Minneapolis, MN 55402
  • Artisans & Spice — 225 South 6th St, Minneapolis, MN 55402
  • A Chick on The GO by Chef Rhonda — 300 South 6th St, Minneapolis, MN 55487
  • Elite Espresso Catering — 901 Washington Ave S, Minneapolis, MN 55415

Frequently Asked Questions

What type of property is this?
Flex space - Flex space with high ceilings and heavy power available for rent.
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 $11.14 SF/Yr.
What are key features of this property?
This property features: Low cost: $8.52 SF/year includes Tax, CAM, and Utilities; Tenant improvement allowance available; Heavy floor load and heavy power
(612) 788-9770 Call to check price and availability
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