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400 N 1st St - The Lindsey Building - Units 101-102 4,139 - 6,638 SF Office/Retail Condo Units Offered at $374,900 - $599,900 Per Unit in Minneapolis, MN 55401



Investment 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
- Parking Spaces (18 Total) available for lease at $142 starting 10/1/23 with 2.5% annual increases
- Restrooms (2) in common area
- 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
- Association Dues include: Heating, Water, Trash, Master Insurance, Mgmt Fee, Snow Removal, Inside/Outside Maintainence, Reserves
- Exposed Brick & Timber - 12' Ceilings - Large Open Spaces in Units 101 & 102, Large Windows
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 22-029-24-14-0554 |
| No. Parking Spaces | 18 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 18 |
| APN/Parcel ID | 22-029-24-14-0554 |
| Sale Type | Investment or Owner User | APN/Parcel ID | 22-029-24-14-0555 |
| No. Parking Spaces | 18 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 18 |
| APN/Parcel ID | 22-029-24-14-0555 |
Rm, Resource Rm, Large Windows, 2024 Assoc(Heat Included) = $3,586.49 p/mo.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 4,139 SF | Office/Retail | $374,900 ($90.58/SF) | - |
| Unit 102 | 6,638 SF | Office/Retail | $599,900 ($90.37/SF) | - |
Unit 101
| Unit Size |
| 4,139 SF |
| Condo Use |
| Office/Retail |
| Price |
| $374,900 ($90.58/SF) |
| NOI |
| - |
Unit 102
| Unit Size |
| 6,638 SF |
| Condo Use |
| Office/Retail |
| Price |
| $599,900 ($90.37/SF) |
| NOI |
| - |
Unit 101
| Unit Size | 4,139 SF |
| Condo Use | Office/Retail |
| Price | $374,900 ($90.58/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 18 |
| APN/Parcel ID | 22-029-24-14-0554 |
| 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.</li></ul> | |
| 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.</li></ul> |
Unit 102
| Unit Size | 6,638 SF |
| Condo Use | Office/Retail |
| Price | $599,900 ($90.37/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 18 |
| APN/Parcel ID | 22-029-24-14-0555 |
| 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.</li></ul> | |
| Sale Notes | |
| Unit 102 - $649,900: 5,404 Useable SF (6,638 RSF), 2 Kitchens, 8 Private Ofcs, Reception, Open Areas, Copy<br> Rm, Resource Rm, Large Windows, 2024 Assoc(Heat Included) = $3,586.49 p/mo.</li></ul> |
Property Facts
Amenities
- 24 Hour Access
- Kitchen
- Central Heating
- High Ceilings
- Open-Plan
- Air Conditioning
Presented by
400 N 1st St - The Lindsey Building - Units 101-102
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