Multi-Level Restaurant and
For Sale
Contact for pricing
415 N 1st Ave, Minneapolis, MN 55401
Multi-level restaurant space with built-in kitchen, bar areas on each level, event-ready layout, stairs, and elevator.
Property Size4,160 SF
Days on Market182
Property Features for 415 N 1st Ave
General Information
Standard status
Active
Size
4,160 SF
Property subtype
RETAIL
Properties For Sale
at 415 N 1st Ave Contact us- Size
- 4,160 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
The Imperial Room
Formerly home to The Imperial Room, this iconic 1st Ave restaurant space delivers...
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Listing Agency:
Commercial Equities Group, Inc
(612) 788-1552
Listed By:
Jeff Salzbrun · License #40699119
(612) 428-3333
Source:
Moodyscre
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 23 at 9:16AM
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 Commercial Equities Group, Inc
Investment Insights
Based on property information with market context.
This multi-level restaurant and bar space is located in a historic 114-year-old building and was formerly home to The Imperial Room. The layout includes an existing kitchen, dining and lounge areas, a bar on each level, and room for a dance floor. Interior features include large windows, stairs and an elevator, storage, and restrooms, along with dedicated event-style common space.
The property is on N 1st Ave in the high-density North Loop/Warehouse District. It is about half a block from the METRO Green and Blue Line and roughly two blocks from Target Center and Target Field, placing it within close reach of major downtown venues.
A turnkey interior configuration with kitchen infrastructure and multi-level bar buildouts is already in place, supporting continuity of food and beverage operations and programming across levels.
The property is on N 1st Ave in the high-density North Loop/Warehouse District. It is about half a block from the METRO Green and Blue Line and roughly two blocks from Target Center and Target Field, placing it within close reach of major downtown venues.
A turnkey interior configuration with kitchen infrastructure and multi-level bar buildouts is already in place, supporting continuity of food and beverage operations and programming across levels.
Key Highlights
- Multi‑level restaurant/bar space in a 114‑year‑old historic building
- Built‑in kitchen infrastructure plus bar areas on each level
- Event‑ready layout with room for a dance floor, stairs, elevator, and storage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,088
Businesses Nearby
135k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 42%
Superstores 30%
Shops & Services 24%
Dining 4%
Target
Superstores
40,271 visits/mo
0.3 miles
Holiday Station Store
Shops & Services
24,887 visits/mo
0.5 miles
Embassy Suites By Hilton Minneapolis Downtown
Hotels & Casinos
22,460 visits/mo
0.1 miles
Renaissance Minneapolis Hotel, the Depot
Hotels & Casinos
15,872 visits/mo
0.4 miles
Hampton Inn & Suites Minneapolis/Downtown
Hotels & Casinos
10,010 visits/mo
0.3 miles
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
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Multi-level restaurant space with built-in kitchen, bar areas on each level, event-ready layout, stairs, and elevator.
Where is this conventional restaurant located?
The property is located at 415 N 1st Ave Minneapolis, MN.
What are key features of this property?
This property features: Multi‑level restaurant/bar space in a 114‑year‑old historic building; Built‑in kitchen infrastructure plus bar areas on each level; Event‑ready layout with room for a dance floor, stairs, elevator, and storage
