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The Lindsay Building - Unit 101 400 N 1st St - Unit 101, Minneapolis, MN 55401
Office Building
Property Description
3 North Loop Office/Retail Condos For Sale in The Lindsay Building! Can be purchased individually or together. This is an excellent opportunity to own in the thriving North Loop neighborhood in Minneapolis at very affordable prices. Unit 101 is 4,139 rentable square feet ($599,900 - JUST REDUCED $50K!). Unit 102 is 6,638 rentable square feet ($999,900 - JUST REDUCED $50K!). Unit 104 is 1,086 rentable square feet ($172,000). Total for all 3 units is 11,865 rentable square feet priced at $1,771,800 (JUST REDUCED $100K). Exposed timber frame ceiling beams, exposed brick walls, incredible 12’ ceilings. Suites feature large open work spaces, conference rooms, private offices, kitchenettes, reception areas, large windows with lots of natural light in many offices creating comfortable and welcoming work spaces. 2 Restrooms in common area. Current Owner has a parking lease for up to 20 parking stalls with the neighboring property which is available to the Buyer. Zoned C3A – Community Activity Center District. Perfect professional or creative office / tech space, or boutique retail environment. All units are on the main level. 5 upper floors of residential condo units. Turn-key and ready to use with easy street access.
Area Description
Located in the North Loop neighborhood of Minneapolis at the intersection of N 1st St and N 4th Ave.
Highlights
The Lindsay Building. 3 Office & Retail Suites available FOR SALE or LEASE Unit 101 - $599,900: 4,139 RSF, 1 Large Kitchen, 8 Private Ofcs, Reception Area, Open Areas, Utility Rm, 2022 Assoc(Heat Included) = $1,663.22 p/mo Unit 102 - $999,900: 6,638 RSF, 2 Kitchens, 8 Private Ofcs, Reception, Open Areas, Copy Rm, Resource Rm, 2022 Assoc(Heat Included) = $2,670.44 p/mo Unit 104 - $172,000: 1,086 RSF, 4 Private Offices, Closet, 2022 Assoc(Heat Included) = $424.60 p/mo 2 Restrooms available in common area Parking Spaces (20 Total) available for lease at $137.98 starting 9/30/23 with 2.5% annual increases Main Level, First Floor Suites Exposed Brick & Timber - 12' Ceilings - Large Open Spaces in Units 101 & 102, Large Windows High-Demand North Loop Location Units equipped with hot water baseboard heating included in Association Dues. Air handlers capable of heating / cooling are installed in each unit
Full Address: 400 N 1st St - Unit 101, Minneapolis, MN 55401
Listing Type: FOR SALE
Status: Active
Building Class: B
Zoning: C3A - Community Activity Center District
Region: M-WN
County: Hennepin
Closest Cross Streets: N 4th Ave
Property ID: 4029794
Has Gas: Yes
Traffic Count: 7940 VPD
Clearance Height: 12
Roof: Flat
Building Sf: 4139
Parcel Num: 2202924140554
Number Units: 1
Number Buildings: 1
Section: 22
Year Built: 1900
Free Standing: Yes
Tenancy Type: Single-Tenant
The Lindsay Building. 3 Office & Retail Suites available FOR SALE or LEASE Unit 101 - $599,900: 4,139 RSF, 1 Large Kitchen, 8 Private Ofcs, Reception Area, Open Areas, Utility Rm, 2022 Assoc(Heat Included) = $1,663.22 p/mo Unit 102 - $999,900: 6,638 RSF, 2 Kitchens, 8 Private Ofcs, Reception, Open Areas, Copy Rm, Resource Rm, 2022 Assoc(Heat Included) = $2,670.44 p/mo Unit 104 - $172,000: 1,086 RSF, 4 Private Offices, Closet, 2022 Assoc(Heat Included) = $424.60 p/mo 2 Restrooms available in common area Parking Spaces (20 Total) available for lease at $137.98 starting 9/30/23 with 2.5% annual increases Main Level, First Floor Suites Exposed Brick & Timber - 12' Ceilings - Large Open Spaces in Units 101 & 102, Large Windows High-Demand North Loop Location Units equipped with hot water baseboard heating included in Association Dues. Air handlers capable of heating / cooling are installed in each unit