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Property profile & analytics
FOR SALE
Creative space

400 N 1St St Minneapolis, MN 55401

Built 1900
Property ID
US46-Q014692
Property summary
AI-generated overview

The Lindsay Building is located in the High-Demand North Loop location of Minneapolis. 2 Office / Retail Suites available FOR SALE or LEASE. Zoning C3A Community Activity Center District. 80 residential units upstairs. Perfect for a creative office space, business center, fitness center, etc.... - Unit 101 - $374,900: 4,139 RSF, 1 Large Kitchen, 8 Private Ofcs, Reception Area, Open Areas, Utility Rm, 2024 Assoc(Heat Included) = $2,234.41 p/mo. - Unit 102 - $599,900: 6,638 RSF, 2 Kitchens, 8 Private Ofcs, Reception, Open Areas, Copy Rm, Resource Rm, Large Windows, 2024 Assoc(Heat Included) = $3,587.32 p/mo. This beautiful historic building has 2 Restrooms in the common area, Exposed Brick & Timber - 12' Ceilings - Large Open Spaces both units. Parking Spaces (18 Total) available for lease at $142 p/mo starting 10/1/23 with 2.5% annual increases. Association Dues include: Heating, Water, Trash, Master Insurance, Mgmt Fee, Snow Removal, Inside/Outside Maintainence, Reserves. Units have hot water baseboard heating, Air handlers capable of heating / cooling are installed in each unit.

Property profile
Verified
Property type Creative space
Year built 1900
UPID US46-Q014692
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Creative Arc, Inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
  • American Health Mart Pharmacy
  • Riverwalk Lofts Condominium Complex
  • K and H Painting and Remodeling Renovation Specialist General Contractor
  • Upper Midwest Inspections Home Inspector
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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