322 1St Ave Minneapolis, MN 55401
- Commercial real estate
- 39,459 SF
- 0.25 lot acres
Current Use by Public Records
- MyBookOrders / Book Store
- Book Printing / Book Store / Print Shop
- MyAlerts / Software Company
- Warehouse District Business / Association / Organization
- Gidi Bar & Lounge Minneapolis / Lounge / Night Club
Property Details for 322 1St Ave
- Year built
- 1912
- Construction
- BRICK
- Lot size
- 0.25 lot acres
- Property size
- 39,459 SF
- Zone code
- B4S-1
- Property type
- Commercial real estate
- APN
- 22-029-24-41-0125
- APU
- 2202924410125
Description
This six-story, 35,676 square foot office building, located at 322 N 1st Ave, Minneapolis, MN 55401 (near N 4th Street), offers multiple executive, coworking, and creative office spaces. Built in 1903 with renovations in 2003, the building features a unique timber frame with mill brick walls and high ceilings, showcasing its historical charm. Currently, 5,382 square feet of space is available, divisible into units as small as 900 square feet, with a maximum contiguous space of 2,766 square feet. The building boasts updated HVAC systems (2003), a single passenger elevator, and secured entry access. Its B4S-1 zoning allows for a variety of commercial uses. The property sits on 0.25 acres and is conveniently located in the warehouse district, offering easy access to major freeways (I-394 and I-94), public transportation (bus, LRT, and Northstar Line trains), and numerous amenities including the Target Center, Target Field, restaurants, shopping, and entertainment. Lot parking and ramp options are within walking distance. Rental rates range from $20.00 to $26.00 per square foot, modified gross.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2724
- Latitude
- 44.9818
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
