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North Loop Creative Space

400 North 1st Street, Minneapolis, MN 55401

For Sale
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Two office/retail suites available in Minneapolis' North Loop.

Property Size4,139 SF
Price / SF$88.16
Days on Market2459

Property Features for 400 North 1st Street

General Information

Standard status Active
Size 4,139 SF
Class B
Property subtype Office, Retail
Zoning C3A
Investment Type Owner/User

Site & Location

Neighborhood North Loop

Building Details

Year Built 1900
Buildings 1
Stories 6
Units 1
Listing Agency: Results Commercial
Listed By: Mark Hulsey · License MN #40169559
Source: Crexi
Added: Feb 21, 2020 Changed: Nov 2 Last Checked: Nov 12 at 8:17AM

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

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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 and retail suites available for sale or lease. The property is zoned C3A Community Activity Center District and includes 80 residential units upstairs. Unit 101 features 4,139 RSF, one 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 provides 6,638 RSF, two kitchens, eight private offices, a reception area, open areas, a copy room, a resource room, and large windows. The 2024 association dues for this unit, 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 property is suitable for a creative office space, business center, or fitness center.

Key Highlights

  • Prime North Loop location in Minneapolis, a high‑demand area.
  • Two large office/retail suites available for sale or lease within the same building.
  • Historic building with exposed brick & timber, 12' ceilings, and large open spaces.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Locksmith Butcher (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
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Creative space - Two office/retail suites available in Minneapolis' North Loop.
Where is this creative space located?
The property is located at 400 North 1st Street Minneapolis, MN.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Prime North Loop location in Minneapolis, a high‑demand area.; Two large office/retail suites available for sale or lease within the same building.; Historic building with exposed brick & timber, 12' ceilings, and large open spaces.**
(651) 755-2068 Call to check price and availability
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