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Creative Office Space in Minneapolis
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702-716 1st St N, Minneapolis, MN

Creative office suites in North Loop Minneapolis, 1,000-4,600 SF.

Property Size3,887 SF
Lot Size0.52 Acres
Days on Market250

Property Features for 702-716 1st St N

General Information

Standard status Active
Size 3,887 SF
Lot size 0.52 Acres
Property subtype OFFICE
Listing Agency: Schafer Richardson
Listed By: Mike Olson
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 10 Last Checked: Jul 21 at 4:55AM

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 Schafer Richardson

Investment Insights

Based on property information with market context.

Located in the North Loop of Minneapolis, two blocks from Washington Avenue, this property offers creative office suites ranging from 1,000 to 4,600 square feet at affordable rates. The space is flexible, featuring both private and open floor plans, with select suites offering private balcony views of the Mississippi River. An adjacent surface parking lot is available for employees and guests on a contract and daily basis. On-site amenities include 'In The Loop' coffee, lunch, and café services, as well as a building conference room for tenants. The ACME Comedy Club is located in the building, and the property is within walking distance of Borough, Parlour, Crisp & Green, The Loop Bar & Grill, and Black Sheep Pizza.

Key Highlights

  • Prime North Loop Minneapolis location, two blocks off Washington Avenue.
  • Creative office suites with flexible space, private/open floor plans, and private balcony views of the Mississippi River.**
  • Affordable rates for suites ranging from 1,000 - 4,600 SF.

Property Analytics

Current Use

Office Units

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,462
Businesses Nearby

Market

Lease Benchmarks for Minneapolis, MN

$20.3 /SF/Yr
Avg Asking Price
$6.5–$42.94 /SF/Yr
Price Range
12,927 SF
Avg Space Size

This space is priced 31% below the average of $20.3 /SF/Yr.

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?
Office units - Creative office suites in North Loop Minneapolis, 1,000-4,600 SF.
Where is this office units located?
The property is located at 702-716 1st St N Minneapolis, MN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime North Loop Minneapolis location, two blocks off Washington Avenue.; Creative office suites with flexible space, private/open floor plans, and private balcony views of the Mississippi River.**; Affordable rates for suites ranging from 1,000 - 4,600 SF.
(612) 359-5843 Call to check price and availability
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