Added: Feb 21, 2020Changed: Nov 2Last Checked: Nov 12 at 8:17AM
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Investment Insights
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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 & AdvertisingAmerican Health MartPharmacyRiverwalk LoftsCondominium ComplexK and H Painting ...Renovation SpecialistUpper Midwest InspectionsHome Inspector
Suggested Use
Top PickLocksmithButcher(Bike/Boat/Book/etc) StorePet Grooming ServiceSupermarketRestaurant
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
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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
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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.**
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New: 350 Mission StJust listed · $36/SF · 2 min ago