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Second-Floor Office Condo Suite
For Sale
$131,130

205-718 Washington Ave N, Minneapolis, MN 55401

Second-floor office condo suite with an open concept layout in the Soho building, with association dues covering key services.

Property Size1,457 SF
Price / SF$90
Days on Market175

Property Features for 205-718 Washington Ave N

General Information

Standard status Active
Size 1,457 SF

Taxes and HOA fees

Annual Taxes $5,081
Listing Agency: Engel & Volkers Minneapolis Downtown
Listed By: Matthew G Ditzler
Source: Exprealty
Added: Mar 11 Changed: Aug 21 Last Checked: Aug 30 at 9:13PM

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 Engel & Volkers Minneapolis Downtown

Investment Insights

Based on property information with market context.

This offering is a second-floor business condo suite within the Soho building. The space totals 1,457 square feet and is laid out as a large open concept office/work area, suited to small businesses or startups. Association dues include heat, A/C, management, reserves, and insurance.

The property is located in the Warehouse District in downtown Minneapolis, positioned in the North Loop area of the city.

This is a straightforward office condo configuration designed around flexible open space, supported by managed building services included through the association dues.

Key Highlights

  • 2nd‑floor business condo suite in the Soho building
  • 1,457 SF office space with a large open concept layout
  • For sale or lease

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Locksmith Pet Grooming Service Veterinary Clinic Auto Parts Store (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.

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

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?
Office units - Second-floor office condo suite with an open concept layout in the Soho building, with association dues covering key services.
Where is this office units located?
The property is located at 205-718 Washington Ave N Minneapolis, MN.
What is the asking price?
The asking price for this property is $131,130.
What are key features of this property?
This property features: 2nd‑floor business condo suite in the Soho building; 1,457 SF office space with a large open concept layout; For sale or lease
More about this property
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