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
...
(Read more)
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 everything the vibrant North Loop has to offer. A rare opportunity to combine established rental income with a remarkable live/work or investment property in one of Minneapolis' most sought-after neighborhoods.
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
Listing Office:
Compass
Last Updated: October - 02 - 2026
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