Property profile

800 Washington N Ave Minneapolis, MN 55401

OFF-MARKET
Commercial real estate
Property ID
US46-0564405
405,004 SF 1.73 ac lot Built 1902
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional North Loop office space, housed within the TractorWorks Building, offers 10,641 square feet of meticulously designed workspace. The layout is highly adaptable and currently features workstations for 52 employees, three private offices, and seven conference rooms of varying sizes (five small, one medium, and one large). Amenities include a welcoming reception area, a convenient café, a dedicated copy/print area, ample lockers, a secure server room, and substantial storage space. The building boasts high ceilings and showcases its historic charm with exposed brick and timber construction. Beyond the functional workspace, tenants enjoy access to a dedicated conference area, secure bicycle storage, and a relaxing rooftop patio. A full-service gym, North Loop Fitness, is conveniently located on-site. The building's prime location in the North Loop neighborhood provides easy access to a vibrant array of restaurants and entertainment venues, including Bar LaGrassa, Snack Bar, Parlour, Wrecktangle Pizza, Thr3Jack, Spyhouse Coffee, and Smack Shack. Convenient highway access and nearby green spaces along the Mississippi River add to the appeal of this exceptional property. The space is available for multiple tenants. This is a rare opportunity to secure a well-appointed, historically significant office space in a highly desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1902
Construction BRICK
Total area 405,004 SF
Lot 1.73 ac (75,359 SF)
Zoning code B4N
APN 22-029-24-21-0093
UPID US46-0564405

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • Advertising Agency Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Alternative Medicine Practice

Location

800 Washington N Ave Minneapolis, MN 55401-1330
Minneapolis metro Census 126202 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M

Owner & transaction history

since 2014
Last sale
$1.1M
5 recorded transactions
2014
$54.8M
2012
Price N/A
2008
$26.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B4N · Minneapolis, MN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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