213 1/2 Washington Avenue N, Minneapolis, MN 55401 (MLS# 7146199)

213 1/2 Washington Avenue N, Minneapolis, MN 55401

New Listing
$1,350,000
Property Type: Commercial Bedrooms: 1 Baths: 4 Square Footage: 7,040 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $1,350,000 List Date: 9/29/2026 Last Modified: 10/02/2026

Overview

Description

Rare North Loop mixed-use opportunity with income, character & incredible flexibility! Own a piece of history in this distinctive 1877 building featuring authentic loft character and an unbeatable urban location. The 1,760 SF main level is leased to a long-term retail tenant with 20 years of occupancy and $50,000+ in gross annual rent, while the tenant pays utilities and other expenses. Upper levels offer exceptional flexibility for additional rental income, creative workspace, or an owner-occupied live/work arrangement. The second level features a spacious open studio, hardwood floors, two darkrooms, office, bath and abundant storage. The third level delivers true loft living with an island kitchen, bedroom, office, storage, full bath plus additional space above. Enjoy city views from decks off levels two and three. Exposed brick, soaring beamed ceilings, hardwood floors and rich woodwork create a one-of-a-kind atmosphere. Walk to restaurants, Twins games, entertainment and everythi ...

Listing Details MLS# 7146199

General Property Information

Lot Measurement
Acres
Management Company Name
owner
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront YN
No
Year Built
1877
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1760
Garage Stalls
2
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
22x162
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Shared: Concrete Floors & Walls; Fire Sprinkler System Amenities Unit: Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Intercom System; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Primary Bedroom Walk-In Closet; Security System; Skylight; Tennis Court; Vaulted Ceiling(s); Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Microwave; Range; Refrigerator Assumable Loan: Not Assumable Basement: Egress Windows; Storage Space; Unfinished CMU Style: Apartments and Retail; Business Opportunity; Common Wall; Mixed Use; Office Construction Materials: Block; Stone Construction Status: Previously Owned Current Use: Retail Existing Financing: Free and Clear Exterior: Brick/Stone; Concrete; Stucco Fencing: Other Flooring: Wood Foundation: Brick/Mortar; Stone Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional; Conventional Rehab Location Description: Downtown Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Zero Lot Line On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Fuel; Gas; Heat; Hot Water; HVAC Maintenance; Insurance; Maintenance/Repair; Repairs; Security; Taxes; Telephone Parking Characteristics: Paved Lot Pool Description: None Potential Use: Income; Office; Other; Retail Rent Rate per Foot: Gross; Per Month Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Flat Sewer: City Sewer/Connected Shared Rooms: Other Stories: Three Or More Tenant Pays: Electricity; Fuel; Gas; Heat; Hot Water; HVAC Maintenance; Insurance; Maintenance/Repair; Repairs; Security; Telephone Wall Description: Finished Water: City Water/Connected Window Features: Double Pane Windows; Screens

Contract Information

Contingency
None
ListPrice
1350000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
213 1/2
Street Name
Washington
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55401
Complex/Dev/Subdivision
Town Of Minneapolis

Assessments

Tax With Assessments
27272

Basement

Foundation Dimensions
20x80

More Information

Building Information

Building Finished SqFt
5280
Building SqFt
7040
Ceiling Height
11-15

Income and Expenses

Annual Electric Expense
795
Annual Fuel Expense
994
Annual Gross Expenses
31815
Annual Gross Income
50400
Annual Insurance Expense
7000
Annual Maintenance Expense
500
Annual Net Income
18585
Annual Repair Expense
500

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
22
Township#
29

Sale Options

Sale Includes
Building, Fixture/Equipment, Leases

Unit 1

Unit Number
Retail
Monthly Rent
4300
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Rooms
4
Level
Main Level
Unit Total SqFt
1760
Leased?
Yes
Lease Expiration Date
2028-06-30
No. of 1 Bedroom Units
Yes

Unit 2

Full Baths
2
Leased?
No
Level
Multi-Level
Quarter Baths
Yes
Total Bathrooms
3
Total Bedrooms
Yes
Total Rooms
9
Unit Number
2
Unit Total SqFt
3520

Unit Details

Total Units
2
IDX
Listing Office: Compass
Last Updated: October - 02 - 2026
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