305 5Th Ave Minneapolis, MN 55401

Property Details for 305 5Th Ave

Year built

1901

Construction

BRICK

Lot size

0.79 lot acres

Property size

100,777 SF

Zone code

B4N

Property type

Commercial real estate

APN

22-029-24-13-0017

APU

2202924130017

Description

This stunning 110,608 square foot creative office building, located at 305 N 5th Ave in Minneapolis, MN 55401, offers a unique blend of historic charm and modern amenities. The building features a striking brick and timber construction, providing a distinctive aesthetic perfect for creative businesses. Multiple tenancy options are available, ranging from a minimum of 227 square feet to a maximum contiguous space of 19,351 square feet, with a significant 68,727 square feet currently vacant. Tenants will enjoy convenient access to the NorthStar Line and light rail system at the nearby Target Field Transit Hub, as well as the Cedar Bike Trail. The building boasts an impressive array of amenities including a conference center, fitness center, showers, and a bike room. Adding to the vibrant atmosphere, Bricksworth Beer Co. is now open on the first floor. The property also offers ample parking with 256 stalls (a 2.1/1,000 ratio), exceeding the North Loop average. This prime location in the heart of the North Loop places tenants within walking distance of award-winning restaurants, unique entertainment venues, and boutique shopping, including popular establishments like Red Rabbit, Bar La Grassa, Spoon and Stable, Borough, and Graze Food Hall. Estimated 2023 taxes and common area maintenance are $13.98 per square foot. Rental rates range from $18 to $22 per square foot. On-site building management ensures seamless operations.

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Longitude

-93.2759

Latitude

44.9848

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments