Search
North Loop Office/Retail Condo
For Lease
$11 SF/Yr

400 N 1st St Suite 101, Minneapolis, MN 55401

Two rentable office/retail condo units with exposed brick, timber, and large windows for open, flexible tenant use.

Space Size4,139 SF - 6,638 SF
Days on Market48

Property Features for 400 N 1st St Suite 101

General Information

Standard status Active
Size 4,139 SF - 6,638 SF
Class B
Total Parking Spaces 18
Property subtype Office / Retail
Lease Term NNN

Additional Details

Clear Height 12 ft
Office Units 2

Building Details

Building Size 4,139 SF
Year Built 1900

Spaces For Lease

at 400 N 1st St Suite 101 Contact us

Suite 101 $11/SF/Yr

Size
4,139 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 102 $11/SF/Yr

Size
6,638 SF
Type
Office Condo
Term
Negotiable
Contact us
Listing Agency: Results Commercial
Listed By: Mark Hulsey · License #40169559
Source: Resultscommercial
Added: Jun 25 Changed: Aug 11 Last Checked: Jun 27 at 2:08AM

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 Results Commercial

Investment Insights

Based on property information with market context.

The Lindsay Building offers two separately available office/retail condo units that can be leased or purchased individually or together. Unit 101 provides a large open layout with exposed brick and timber, 12' ceilings, and large windows. Unit 102 also features an open configuration with exposed brick and timber, 12' ceilings, and large windows. The common area includes two restrooms shared by the building’s occupants. Heating is supported by hot water baseboard and association dues include heating, water, trash, master insurance, management fee, snow removal, inside/outside maintenance, and reserves. Air handlers capable of heating and cooling are installed in each unit.

The property is located at 400 N 1st St in Minneapolis’ North Loop area. Parking spaces are available for lease, with 18 total spaces offered beginning 10/1/24, and pricing beginning at $145 with 2.5% annual increases.

These units are well suited for tenants seeking open-plan office or retail space within a condo-style building, with substantial ceiling height, established finishes, and in-unit heating/cooling equipment. The ability to take one unit or combine Units 101 and 102 can support a range of business sizes while sharing common amenities such as restrooms.

Key Highlights

  • Two office/retail condo units in the Lindsay Building: Unit 101 (4,139 RSF) and Unit 102 (6,638 RSF)
  • Units 101 & 102 feature exposed brick and timber, 12' ceilings, and large open spaces with large windows
  • Hot water baseboard heating is included in association dues, and air handlers capable of heating/cooling are installed in each unit

Property Analytics

Current Use

Creative Arc, Inc. Marketing & Advertising American Health Mart Pharmacy Riverwalk Lofts Condominium Complex K and H Painting ... Renovation Specialist Upper Midwest Inspections Home Inspector

Suggested Use

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

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

12 ft
Clear height
2
Office units
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,199
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

Lease Benchmarks for Minneapolis, MN

$16.08 /SF/Yr
Avg Asking Price
$1.67–$26 /SF/Yr
Price Range
7,724 SF
Avg Space Size

This space is priced 32% below the average of $16.08 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Two rentable office/retail condo units with exposed brick, timber, and large windows for open, flexible tenant use.
Where is this office units located?
The property is located at 400 N 1st St Suite 101 Minneapolis, MN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Two office/retail condo units in the Lindsay Building: Unit 101 (4,139 RSF) and Unit 102 (6,638 RSF); Units 101 & 102 feature exposed brick and timber, 12' ceilings, and large open spaces with large windows; Hot water baseboard heating is included in association dues, and air handlers capable of heating/cooling are installed in each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message