20 Washington AveMinneapolis, MN 55401

Property Details for 20 Washington Ave

Year built

1964

Construction

TILT-UP CONCRETE

Lot size

2.83 AC

Property size (Sq ft)

171,612 SF

Zone code

B4S-2

Property type

Other commercial real estate

APN

23-029-24-32-0006

APU

2302924320006

Description

This iconic, 182,466 square foot Class A office building in Minneapolis, MN, presents a unique value-add redevelopment opportunity. Located at 20 Washington Avenue S, this six-story, 1964-built structure (renovated in 1990) sits on a 2.817-acre lot (APN 23-029-24-32-0006) and boasts a DT1 zoning designation. Currently vacant, the property offers flexible use potential, including adaptive reuse options. Its prime location at the intersection of Hennepin and Washington Avenues (36,400 vehicles daily) places it at the heart of the North Loop and Gateway District, providing unparalleled accessibility and visibility. The building's architectural significance and amenity-rich surroundings create a compelling opportunity for repositioning as a boutique office, high-end hotel, residential development, or other alternative use. Potential incentives and flexible zoning further enhance this exceptional investment prospect. The property's size and location within a dynamic, high-traffic area offer significant placemaking potential. This is a rare chance to acquire a landmark building in a thriving Minneapolis neighborhood.

• Alternative Use

  Use

  Valuation

  Residential

  $36,114,624

  Hospitality

  $33,080,802

  Educational

  $27,522,838

  Medical

  $28,469,392

  Retail

  $42,813,304

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Latitude

44.982

Longitude

-93.2675

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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