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400 N 1st St
Minneapolis, MN 55401 Warehouse District

$374,900 - $599,900 USD

Loft Creative Space Condos For Sale  •  4,139+ SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 10,777 SF
  • Lot Size 0.42 AC
  • Building Class B
  • Year Built 1900
  • Tenancy Multiple
  • Zoning C3A
80 Transit Score
89 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 101 Office/Retail 4,139 SF $374,900 USD
  • Unit Size: 4,139 SF
  • Condo Use: Office/Retail
  • Price: $374,900 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $90.58 USD
Description
The Lindsay Building is located in the High-Demand North Loop location of Minneapolis.  Two 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...  2 Restrooms in the common area, Exposed Brick & Timber - 12' Ceilings - Large Open Spaces both units.

Sale Notes
Unit 101 - $399,000:  3,371 Useable SF (4,139 RSF) Consists of 1 Large Kitchen, 8 Private Offices, Reception Area, Open Areas, Utility Rm, 2024 Assoc(Heat Included) = $2,234.11 p/mo.
1st Floor - Unit 102 Office/Retail 6,638 SF $599,900 USD
  • Unit Size: 6,638 SF
  • Condo Use: Office/Retail
  • Price: $599,900 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $90.37 USD
Description
The Lindsay Building is located in the High-Demand North Loop location of Minneapolis.  Two 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...  2 Restrooms in the common area, Exposed Brick & Timber - 12' Ceilings - Large Open Spaces both units.

Sale Notes
Unit 102 - $649,900: 5,404 Useable SF (6,638 RSF), 2 Kitchens, 8 Private Ofcs, Reception, Open Areas, Copy
Rm, Resource Rm, Large Windows, 2024 Assoc(Heat Included) = $3,586.49 p/mo.

Description 

The Lindsay Building is located in the High-Demand North Loop location of Minneapolis.  Two 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....  2 Restrooms in the common area, Exposed Brick & Timber - 12' Ceilings - Large Open Spaces both units. 

Unit 101 - $455,000:  3,371 Useable SF (4,139 RSF) Consists of 1 Large Kitchen, 8 Private Offices, Reception Area, Open Areas, Utility Rm, 2024 Assoc(Heat Included) = $2,234.11 p/mo.   

Unit 102 - $730,000: 5,404 Useable SF (6,638 RSF), 2 Kitchens, 8 Private Offices, Reception, Open Areas, Copy Rm, Resource Rm, Large Windows, 2024 Assoc(Heat Included) = $3,586.49 p/mo. 

Parking Spaces (18 Total) available for lease at $144.96 p/mo starting 10/1/24 with 2.5% annual increases.  

Assoc Dues Include: Heating, Water, Trash, Master Insurance, Mgmt Fee, Snow Removal, Inside/Outside Maintenance, Reserves.    **Units have hot water baseboard heating, Air handlers capable of heating / cooling are installed in each unit.

Highlights

Unit 101 - $455,000: 4,139 RSF, 1 Large Kitchen, 8 Private Ofcs, Reception, Open Areas, Utility Rm, 2024 Assoc(Heat Included) = $2,234.41 p/mo
Unit 102 - $730,000: 6,638 RSF, 2 Kitchens, 8 Private Ofcs, Reception, Open Areas, Resource Rm, 2023 Assoc(Heat Included) = $3,587.32 p/mo
Parking Spaces (18 Total) available for lease at $142 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
Restrooms (2) in common area
Exposed Brick & Timber - 12' Ceilings - Large Open Spaces in Units 101 & 102, Large Windows

Property Flyers

Financial Summary

Total Expenses: $21,457 USD

Major Tenants

Tenant SF Occupied Lease End Date
Impact

Amenities

  • 24 Hour Access
  • Kitchen
  • Central Heating
  • High Ceilings
  • Open-Plan
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 3 min 9 min 0.5 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 14 min - 7.5 mi
Transit/SubwayDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 3 min 9 min 0.4 mi
Target Field Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) 2 min 11 min 0.5 mi
Warehouse District/Hennepin Avenue Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) 3 min 13 min 0.7 mi
Nicollet Mall Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 23 min - 11.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Mark Hulsey 651-256-7404 Results Commercial
Mark Hulsey 651-256-7404 Results Commercial