For Sale
$899,900

400 1St St Minneapolis, MN 55401

6,638 SF Office Space, $899,900

Overview

Added:
Dec 11, 2024
Days on market:
128
This stunning 6,638 square foot creative office condo is located in Minneapolis' highly sought-after North Loop neighborhood. Situated within the historic Lindsay Building, this vacant unit (Unit 102) offers a unique blend of character and modern functionality. Boasting 12-foot ceilings, exposed brick and timber, and large windows, the space features two kitchens, eight private offices, a reception area, open work areas, a copy room, and a resource room. The unit also benefits from hot water baseboard heating and air handlers capable of both heating and cooling. The building's C3A zoning allows for a variety of uses, making it ideal for a creative agency, business center, or other similar ventures. Association dues, effective 2024, are $3,587.32 per month and include heating, water, trash removal, master insurance, management fees, snow removal, and interior/exterior maintenance. Eighteen parking spaces are available for lease at $142 per month, starting October 1, 2023, with a 2.5% annual increase. The building itself is a six-story structure built in 1900 and includes 80 residential units. This is a Class B property with one unit available. The asking price is $899,900, translating to $135.57 per square foot. This exceptional property presents a rare opportunity to acquire a substantial and well-appointed office space in a prime Minneapolis location.

Highlights

  • FOR SALE: 6,638 SF creative office condo, Unit 102, in Minneapolis' North Loop. $899,900 ($135.57/SF).
  • 4,139 SF and 6,638 SF office suites available for sale or lease.
  • Each suite features 8 private offices, reception area, open work areas, and kitchen(s). Unit 102 includes a resource room.
  • 18 parking spaces available for lease at $142/month, starting October 1, 2023, with a 2.5% annual increase.
  • Main level, first-floor suites in historic building with exposed brick, timber, 12' ceilings, and large windows.
  • 2024 association dues (Unit 102): $3,587.32/month, including heat, water, trash, master insurance, management, snow removal, and interior/exterior maintenance. Hot water baseboard heating and HVAC in each unit.

Property Details for 400 1St St

Property type
Office properties, Office space
Square Feet
6,638 SF
Class
B
Year Built
1900
Buildings
1
Stories
6
Units
1

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.9874148
Longitude
-93.2712405
400 1St St, Minneapolis, Minnesota

FAQs

What type of property is this?
Office property - 6,638 SF Office Space, $899,900
Where is the office property located?
The property is located at 400 1St St Minneapolis, MN.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: FOR SALE: 6,638 SF creative office condo, Unit 102, in Minneapolis' North Loop. $899,900 ($135.57/SF).; 4,139 SF and 6,638 SF office suites available for sale or lease.; Each suite features 8 private offices, reception area, open work areas, and kitchen(s). Unit 102 includes a resource room.
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400 1St St
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