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Multi-Level Restaurant Space with Bar Buildout
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415 N 1st Ave, Minneapolis, MN 55401

Historic multi-level restaurant/bar space with existing kitchen infrastructure and bar buildouts plus an event-ready layout.

Property Size13,520 SF
Days on Market144

Property Features for 415 N 1st Ave

General Information

Standard status Active
Size 13,520 SF
Property subtype RETAIL

Amenities

existing kitchen infrastructure
bar buildouts
event-ready layout
Listing Agency: Commercial Equities Group, Inc
Listed By: Jeff Salzbrun · License #40699119
Source: Moodyscre
Added: Mar 11 Changed: Jul 30 Last Checked: Jul 31 at 1:10PM

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.

Multi-level restaurant/bar space in a historic 114-year-old building, formerly home to The Imperial Room. The space includes existing kitchen infrastructure and bar buildouts, along with an event-ready layout designed to support restaurant and bar operations with minimal new infrastructure.

Located at 415 N 1st Ave in Minneapolis’ high-density North Loop/Warehouse District. The property is about a half block from METRO Green and Blue Line access and roughly two blocks from Target Center and Target Field, with US Bank Stadium minutes away.

The configuration is suited for operators looking to activate a turn-of-the-key restaurant/bar environment with built-in food service and bar work areas already in place.

Key Highlights

  • Multi‑level restaurant/bar space in a historic 114‑year‑old building
  • Existing kitchen infrastructure and bar buildouts
  • Event‑ready layout

Property Analytics

Current Use

Mc Clellan Kip Law Firm ATM Atm Strafford Flats Apartment Building European Wax Center Spa & Massage Center Meyer Investment Inc Financial Advisor

Suggested Use

Top Pick Butcher Locksmith Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Supermarket

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

10,950
Businesses Nearby
129k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 35% Superstores 31% Shops & Services 25% Dining 7%
Target Superstores
40,271 visits/mo 0.2 miles
Holiday Station Store Shops & Services
24,887 visits/mo 0.4 miles
Embassy Suites By Hilton Minneapolis Downtown Hotels & Casinos
22,460 visits/mo 0.2 miles
Hampton Inn & Suites Minneapolis/Downtown Hotels & Casinos
10,010 visits/mo 0.2 miles
Element Minneapolis Downtown Hotels & Casinos
5,780 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

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic multi-level restaurant/bar space with existing kitchen infrastructure and bar buildouts plus an event-ready layout.
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 historic 114‑year‑old building; Existing kitchen infrastructure and bar buildouts; Event‑ready layout
(612) 428-3333 Call to check price and availability
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