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501-503 1st Ave
Minneapolis, MN 55413 Nicollet Island

Rate Upon Request

Unknown For Lease  •  2,400+ SF

Property Details

  • Property Type Unknown
  • Year Built 1910
65 Transit Score
92 Walk Score

8 Spaces Available

Name Space Use Size Rent Details
Bsmt Floor Ste B110 Retail 2,809 SF Rate Upon Request
This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 9,362 SF
Bsmt Floor Ste B120 Retail 2,400 SF Rate Upon Request
This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 9,362 SF
Bsmt Floor Ste B130 Retail 4,153 SF Rate Upon Request
This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 9,362 SF
1st Floor Ste 120 Office/Retail 2,478 SF Rate Upon Request
Gorgeous brick & timber loft space; potential for dedicated outdoor seating/patio space

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
2nd Floor Ste 230 Office 4,107 SF Rate Upon Request
Move in ready high end spec suite, available now.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
3rd Floor Ste 310 Office 5,802 SF Rate Upon Request
Top floor move in ready high end spec suite, available now.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
3rd Floor Ste 330 Office 4,320 SF Rate Upon Request
Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
4th Floor Ste 430 Office 4,829 SF Rate Upon Request
Top Floor Penthouse Suite. Potential to Add Additional Private Roof Deck.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet

Description

Burlap Lofts is a new, 50,000-square-foot boutique office and retail destination in Northeast Minneapolis' booming East Bank/Nicollet Island neighborhood. Located at 501 1st Ave NE and originally constructed in 1910, this two-building, three- and four-story loft complex has undergone a top-to-bottom redesign to offer creative lux-loft office spaces, retail shops, and a gorgeous mix of tenant amenities inside and out. High design meets historic charm in these century-old brick-and-timber structures. Few locations in the country offer a dynamic combination of surrounding dining, shopping, entertainment, and outdoor enjoyment.
 
Occupancy at Burlap Lofts offers tenants flexible layouts and top-of-the-line amenities throughout a distinctively modern reimagining of this early twentieth-century facility. Available spaces range between 2,000 and +/- 35,000 square feet. Adaptive-reuse features include a new 9-foot passenger elevator and a new corridor addition that connects the two buildings. Upon arrival, occupants and guests of Burlap Lofts are greeted by a grand entrance and courtyard that affords easy access to the outdoor terrace and the second-floor luxury tenant lounge. Loft features include nine-foot clear heights and ample space for bike and e-bike storage. Additional features include rustic, exposed brick and timber facades, polished concrete floors, and incredible natural light from every side. The tenant lounge will offer a full kitchen, big-screen TVs, gaming options, table tennis, ultra-comfortable seating options, and a rooftop garden terrace. The space is tastefully decorated featuring art from a variety of local artists and sculptors. 
  
Known for its art galleries and convenient location, Northeast Minneapolis lies across the river from Downtown Minneapolis. It is considered a melting pot stocked full of experimental restaurants, craft breweries, dive bars, and more. This rapidly expanding section of Minneapolis also provides easy access to Grand Rounds National Scenic Byway, home to more than 50 miles of trails winding throughout Minneapolis, accessible via St Anthony Parkway and Stinson Parkway. Rich with history and mounting an urban resurgence rivaled by few American cities, Northeast Minneapolis is the perfect place to expand or launch your business.

Highlights

Excellent location in the heart of NE Minneapolis within walking distance to over 50 restaurants, bars, and boutique shops.
OnBike shared bicycles, sparkling water machine, tenant lounge, roof deck, community kitchen, on-demand coffee delivery from Harmony Coffee, and more.
Brand-new Class A Lux-loft retail and office redevelopment with 2,000-15,000-square-fooot spaces available.
11-foot ceiling heights, stunning exposed timber ceilings, exposed brick throughout, and an abundance of natural light.
All new windows, mechanicals, and elevator provide tenants and visitors with a vibrant, safe, and comfortable atmosphere.
Basement retail spaces feature street level access, ADA access, 10-foot ceilings, exposed brick and timber, and sundrenched windows.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 5 min - 1.6 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 14 min - 7.3 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 22 min - 11.4 mi
Andrea Leon 612-217-5142 JLL
Andrea Leon 612-217-5142 JLL