North Loop Office/Retail Condo
For Lease
$11 SF/Yr
400 N 1st St - Unit 102, Minneapolis, MN 55401
Two-story loft-style office or retail unit with large windows, exposed brick, and 12-foot ceilings in the Lindsay Building.
Space Size6,638 SF
Days on Market48
Property Features for 400 N 1st St - Unit 102
General Information
Standard status
Active
Size
6,638 SF
Class
B
Property subtype
Office/Retail
Lease Term
NNN
Building Details
Building Size
6,638 SF
Year Built
1900
Spaces For Lease
at 400 N 1st St - Unit 102 Contact us- Size
- 6,638 SF
- Type
- Office Condo
- Term
- Negotiable
102 $11/SF/Yr
Listing Agency:
Results Commercial
(651) 755-2068
Listed By:
Mark Hulsey · License #40169559
Source:
Resultscommercial
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 6:32AM
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.
This offering includes office/retail condominium space within “The Lindsay Building,” with exposed brick and timber finishes, large windows, and 12-foot ceilings. The space is configured as large open areas in Unit 101 and Unit 102, offering a flexible layout for a variety of business uses. Hot water baseboard heating is included in the association dues, and air handlers capable of heating and cooling are installed in each unit. Restrooms are available in the common area.
The property is located at 400 N. 1st St in Minneapolis, with parking available for lease as part of the offering. The building is operated with association dues that include heating, water, trash, master insurance, management fee, snow removal, inside and outside maintenance, and reserves. Units may be leased or purchased individually or together.
For tenants or owners seeking a distinctive, loft-style environment with substantial open space, this setup supports a range of office or retail floor plans while maintaining comfort features through installed heating and heating/cooling-capable air handlers. The included common area restrooms and association-supported building services help streamline day-to-day operations.
The property is located at 400 N. 1st St in Minneapolis, with parking available for lease as part of the offering. The building is operated with association dues that include heating, water, trash, master insurance, management fee, snow removal, inside and outside maintenance, and reserves. Units may be leased or purchased individually or together.
For tenants or owners seeking a distinctive, loft-style environment with substantial open space, this setup supports a range of office or retail floor plans while maintaining comfort features through installed heating and heating/cooling-capable air handlers. The included common area restrooms and association-supported building services help streamline day-to-day operations.
Key Highlights
- 2 North Loop office/retail condos in the Lindsay Building (Year built 1900) available for lease or sale individually or together.
- Unit 101: 4,139 rentable SF; NNN lease with rent at $11.00/SF/yr plus $6.48 HOA and $4.29 taxes.
- Unit 102: 6,638 rentable SF; NNN lease with rent at $11.00/SF/yr plus $6.48 HOA and $3.46 taxes.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,199
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two-story loft-style office or retail unit with large windows, exposed brick, and 12-foot ceilings in the Lindsay Building.
Where is this office units located?
The property is located at 400 N 1st St - Unit 102 Minneapolis, MN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 2 North Loop office/retail condos in the Lindsay Building (Year built 1900) available for lease or sale individually or together.; Unit 101: 4,139 rentable SF; NNN lease with rent at $11.00/SF/yr plus $6.48 HOA and $4.29 taxes.; Unit 102: 6,638 rentable SF; NNN lease with rent at $11.00/SF/yr plus $6.48 HOA and $3.46 taxes.
