Creative office suites in North Loop Minneapolis, 1,000-4,600 SF.
Space Size903 SF - 6,764 SF
Lot Size0.52 Acres
Days on Market315
Property Features for 702-716 1st St N
General Information
Standard statusActive
Size903 SF - 6,764 SF
Lot size0.52 Acres
Property subtypeOFFICE
Spaces For Lease
at 702-716 1st St NContact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor2
Size1,024 SF
TypeOFFICE
Lease TypeNET_NNN
AvailabilityAVAILABLE, Now
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor2
Size1,708 SF
TypeOFFICE
Lease TypeNET_NNN
AvailabilityAVAILABLE, Now
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor2
Size3,887 SF
TypeOFFICE
Lease TypeNET_NNN
AvailabilityAVAILABLE, Now
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor3
Size5,882 SF
TypeOFFICE
Lease TypeNET_NNN
AvailabilityAVAILABLE, Now
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor3
Size903 SF
TypeOFFICE
Lease TypeNET_NNN
AvailabilityAVAILABLE, Now
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor3
Size6,764 SF
TypeOFFICE
AvailabilityAVAILABLE, On Available Date
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Itasca Building Office Space for Lease$14 – $16/SF/Yr
Floor1
Size3,870 SF
TypeOFFICE
Lease TypeNNN
AvailabilityAVAILABLE
SubleaseNo
Building Highlights:
• North Loop Minneapolis location; two blocks off
Washington Avenue
• Creative office suites from 1,000 - 4,600 SF at
affordable rates
• Adjacent surface parking lot for employees and
guests (contract and daily)
• Flexible space with private and open floor plans
and private balcony views of the Mississippi River
• In The Loop coffee/lunch/café onsite
• Building conference room for tenants
• ACME Comedy Club in the building and within
walking distance of Borough/Parlour, Crisp &
Green, The Loop Bar & Grill, Black Sheep Pizza
and more
Contact us
Show more
Listing Agency:Schafer Richardson(612) 371-3000
Listed By:Mike Olson(612) 359-5843
Source:Moodyscre
Added: Nov 24, 2025Changed: Sep 5Last Checked: Oct 4 at 7:17AM
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 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
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Open Analytics
Current Use
Office Units
Suggested Use
Top PickButcherLocksmith(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.
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,128
Businesses Nearby
Explore this area
Business Placement
Check the figures for this propertyCap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Minneapolis, MN
$17.97 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
8,919 SF
Avg Space Size
This space is priced 22% below
the average of $17.97 /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
Questions? Ask Rey
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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.
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New: 350 Mission StJust listed · $36/SF · 2 min ago