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Second-Floor Office Condo Suite
For Sale
$145,200

718 Washington Avenue, Minneapolis, MN 55401

Second-floor office suite offers an open work area within the Soho building in downtown Minneapolis.

Property Size1,457 SF
Price / SF$99.66
Days on Market298

Property Features for 718 Washington Avenue

General Information

Standard status Active
Size 1,457 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $5,081

Amenities

Central Air
3
Parking.
On Street.

Building Details

Year Built 1922
Listing Agency: Engel & Volkers Minneapolis
Listed By: Matthew Ditzler
Source: Xome
Added: Oct 19, 2025 Changed: Aug 8 Last Checked: Aug 11 at 4:42AM

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 Engel & Volkers Minneapolis

Investment Insights

Based on property information with market context.

This offering is a second-floor office condo suite in the Soho building. The space is configured as a large open concept/work area, suited for a small business or startup. The association dues include heat, A/C, management, reserves, and insurance.

The property is located in the Warehouse District of Minneapolis, positioned in the North Loop area of downtown Minneapolis.

The unit is identified as Unit 205 and is being offered for sale or lease.

Key Highlights

  • Second‑floor office suite in the Soho building in downtown Minneapolis’ North Loop/Warehouse District
  • 1,457 sq. ft. office space offered for sale or lease
  • Open‑concept layout with a large open work area

Property Analytics

Current Use

Razor King LLC Barber Shop PowerObjects, an HCL Technologies ... (Bike/Boat/Book/etc) Store US Bank Mortgage Loan Service R Two Consultant Designers Concierge LLC Courier Service

Suggested Use

Top Pick Butcher Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Tattoo & Piercing Shop Pet Store

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

12,153
Businesses Nearby

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 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 - Second-floor office suite offers an open work area within the Soho building in downtown Minneapolis.
Where is this office units located?
The property is located at 718 Washington Avenue Minneapolis, MN.
What is the asking price?
The asking price for this property is $145,200.
What are key features of this property?
This property features: Second‑floor office suite in the Soho building in downtown Minneapolis’ North Loop/Warehouse District; 1,457 sq. ft. office space offered for sale or lease; Open‑concept layout with a large open work area
More about this property
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