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314 1st Ave N
Minneapolis, MN 55401
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Lots of character
  • Wood floors
  • Large windows providing lots of natural light
  • Wood beams and brick walls

EXECUTIVE SUMMARY

Located in the bustling Warehouse District, this property has great access to Downtown with the Target Center, First Avenue and the Hennepin Theater District, and neighbors the vibrant North Loop.
The first floor has 3,627 SF available with excellent retail visibility, with another 3,800 SF available in the basement. The second and third floors have beautifully finished, occupied office spaces. The fourth floor is occupied by a private club and includes a roof top deck.
This property is a perfect opportunity for an owner-occupier looking for ground floor retail, restaurant, or bar space.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
22,800 SF
Building Class
C
Year Built/Renovated
1886/2015
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
4,560 SF
Slab To Slab
12’
Building FAR
4.36
Lot Size
0.12 AC
Zoning
Commercial - B4S-1/BFT10/DP
Parking
4 Spaces (0.18 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
  • Central Heating
  • High Ceilings
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-029-24-41-0082
Land Assessment
$821,500
Improvements Assessment
$2,128,500
Total Assessment
$2,950,000
  • Listing ID: 29744380

  • Date on Market: 10/9/2023

  • Last Updated:

  • Address: 314 1st Ave N, Minneapolis, MN 55401

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