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Historic Office Building with Exposed Brick
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327 N 1st Avenue, Minneapolis, MN 55415

Historic office space in two connected buildings with natural light, exposed timber and brick, and hardwood floors.

Property Size17,025 SF
Days on Market10

Property Features for 327 N 1st Avenue

General Information

Standard status Active
Size 17,025 SF
Property subtype Retail, Office

Building Details

Year Built 1902
Buildings 2
Building Size 17,000 SF
Construction exposed timber and brick
Listing Agency: ASSEMBLY MN LLC
Listed By: Nick Peterson · License #40896119
Source: Crexi
Added: Jul 22 Changed: Jul 30 Last Checked: Jul 30 at 6:38AM

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 ASSEMBLY MN LLC

Investment Insights

Based on property information with market context.

This historic office property features two connected buildings designed around abundant natural light. Interior details include exposed timber and brick and hardwood floors, creating a distinct character for a variety of professional and customer-facing uses.

The building totals 17,025 SF and was built in 1902. It offers the flexibility to support office operations and can also accommodate retail use, with the possibility for residential conversion referenced in the property remarks, including potential rooftop access.

Located at 327 N 1st Avenue in Minneapolis, MN 55415, the property is positioned for convenient access to amenities and attractions in the surrounding area.

Key Highlights

  • 17,025 SF historic office building in two connected structures
  • Exposed timber and brick interiors with hardwood floors
  • Natural light throughout the space

Property Analytics

Current Use

Recycling Balers of Minnesota Factory

Suggested Use

Top Pick Butcher Locksmith Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Supermarket

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

12,088
Businesses Nearby

Demographics for 55415, MN

5,435
Population
3,124
Households
1.7
Avg Household Size
37
Median Age
70%
College-Educated
96%
High-School Grad
0.4 sq mi
ZIP Area
13,588
Density / Sq Mi
$126,480
Median Household Income
$75,568
Median Earnings
$1,836
Median Rent
$581,500
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 building - Historic office space in two connected buildings with natural light, exposed timber and brick, and hardwood floors.
Where is this office building located?
The property is located at 327 N 1st Avenue Minneapolis, MN.
What are key features of this property?
This property features: 17,025 SF historic office building in two connected structures; Exposed timber and brick interiors with hardwood floors; Natural light throughout the space
More about this property
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