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North Loop Office/Retail Suites
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Pending

400 N 1st Street, Minneapolis, MN 55401

Two office/retail suites for sale in Minneapolis' North Loop.

Property Size6,638 SF
Days on Market169

Property Features for 400 N 1st Street

General Information

Standard status Pending
Size 6,638 SF
Property subtype Retail, Office
Listing Agency: Results Commercial
Listed By: Mark Hulsey · License #MN 40169559
Source: Crexi
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 10 at 6:15AM

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.

Located in the high-demand North Loop area of Minneapolis, The Lindsay Building offers two office or retail suites available for sale or lease. The property is zoned C3A Community Activity Center District and is situated above 80 residential units. Unit 101 features 4,139 rentable square feet, a large kitchen, eight private offices, a reception area, open areas, and a utility room. The 2024 association dues, which include heat, are $2,234.41 per month. Unit 102 offers 6,638 rentable square feet, two kitchens, eight private offices, a reception area, open areas, a copy room, a resource room, and large windows. The 2024 association dues, including heat, are $3,587.32 per month. The historic building includes two restrooms in the common area, exposed brick and timber, 12-foot ceilings, and large open spaces in both units. Parking spaces, totaling 18, are available for lease at $142 per month starting October 1, 2023, with 2.5% annual increases. Association dues cover heating, water, trash, master insurance, management fees, snow removal, inside and outside maintenance, and reserves. The units have hot water baseboard heating, and air handlers capable of heating and cooling are installed in each unit. The suites are suitable for a creative office space, business center, or fitness center.

Key Highlights

  • Prime North Loop location in Minneapolis.
  • Two office/retail suites available for sale or lease.
  • Flexible C3A zoning suitable for various businesses (creative office, fitness center, etc.).

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Creative space - Two office/retail suites for sale in Minneapolis' North Loop.
Where is this creative space located?
The property is located at 400 N 1st Street Minneapolis, MN.
What are key features of this property?
This property features: Prime North Loop location in Minneapolis.; Two office/retail suites available for sale or lease.; Flexible C3A zoning suitable for various businesses (creative office, fitness center, etc.).
(651) 256-7404 Call to check price and availability
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