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501 1st Ave NE
Minneapolis, MN 55413

Rate Upon Request

Office For Lease • 2,400+ SF

Property Details

Property Type Office
Year Built 1910
Total Building Size 44,007 SF
Tenancy Multiple
Building Class A
Zoning C2

63 Transit Score

92 Walk Score

10 Spaces Available

Name	Space Use	Size	Rent
Bsmt Floor Ste B110	Office/Retail	2,809 SF	Rate Upon Request
This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab... Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
Bsmt Floor Ste B120	Office/Retail	2,400 SF	Rate Upon Request
This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab... Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
Bsmt Floor Ste B130	Office/Retail	4,153 SF	Rate Upon Request
This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab... Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
1st Floor Ste	Retail	2,478 SF	Rate Upon Request
Gorgeous brick & timber loft space; potential for dedicated outdoor seating/patio space Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
2nd Floor Ste 210	Office/Retail	3,368 SF	Rate Upon Request
Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
2nd Floor Ste 230	Office/Retail	4,107 SF	Rate Upon Request
Amazing light throughout, 9-11 foot ceiling height, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
3rd Floor Ste 310	Office/Retail	3,368 SF	Rate Upon Request
Top Floor, Corner Suite, Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
3rd Floor Ste 320	Office/Retail	2,434 SF	Rate Upon Request
Amazing light throughout, 9-11 foot ceiling height, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
3rd Floor Ste 330	Office/Retail	4,320 SF	Rate Upon Request
Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF
4th Floor Ste 430	Office/Retail	4,829 SF	Rate Upon Request
Top Floor/Entire Floor Private/Potential to Add Additional Private Roof Deck; Corner Space, Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance Date available: Now Lease term: 5 - 15 Years Service type: To Be Determined Space Type: Relet In Contiguous block: 34,266 SF

Description

Burlap Lofts is a new, 50,000-square-foot boutique office and retail destination in Northeast Minneapolis' booming East Bank/Nicollet Island neighborhood. Located at 501 1st Ave NE and originally constructed in 1910, this two-building, three- and four-story loft complex has undergone a top-to-bottom redesign to offer creative lux-loft office spaces, retail shops, and a gorgeous mix of tenant amenities inside and out. High design meets historic charm in these century-old brick-and-timber structures. Few locations in the country offer a dynamic combination of surrounding dining, shopping, entertainment, and outdoor enjoyment.

Occupancy at Burlap Lofts offers tenants flexible layouts and top-of-the-line amenities throughout a distinctively modern reimagining of this early twentieth-century facility. Available spaces range between 2,000 and +/- 35,000 square feet. Adaptive-reuse features include a new 9-foot passenger elevator and a new corridor addition that connects the two buildings. Upon arrival, occupants and guests of Burlap Lofts are greeted by a grand entrance and courtyard that affords easy access to the outdoor terrace and the second-floor luxury tenant lounge. Loft features include nine-foot clear heights and ample space for bike and e-bike storage. Additional features include rustic, exposed brick and timber facades, polished concrete floors, and incredible natural light from every side. The tenant lounge will offer a full kitchen, big-screen TVs, gaming options, table tennis, ultra-comfortable seating options, and a rooftop garden terrace. The space is tastefully decorated featuring art from a variety of local artists and sculptors.

Known for its art galleries and convenient location, Northeast Minneapolis lies across the river from Downtown Minneapolis. It is considered a melting pot stocked full of experimental restaurants, craft breweries, dive bars, and more. This rapidly expanding section of Minneapolis also provides easy access to Grand Rounds National Scenic Byway, home to more than 50 miles of trails winding throughout Minneapolis, accessible via St Anthony Parkway and Stinson Parkway. Rich with history and mounting an urban resurgence rivaled by few American cities, Northeast Minneapolis is the perfect place to expand or launch your business.

                
                    Highlights
                
                                Excellent location in the heart of NE Minneapolis within walking distance to over 50 restaurants, bars, and boutique shops.
                            
                                OnBike shared bicycles, sparkling water machine, tenant lounge, roof deck, community kitchen, on-demand coffee delivery from Harmony Coffee, and more.
                            
                                Brand new Class A Lux-loft retail and office redevelopment with 2,000-15,000-square-fooot spaces available.
                            
                                11-foot ceiling heights, stunning exposed timber ceilings, exposed brick throughout, and an abundance of natural light.
                            
                                All new windows, mechanicals, and elevator provide tenants and visitors with a vibrant, safe, and comfortable atmosphere.
                            
                                Basement retail spaces feature street level access, ADA access, 10-foot ceilings, exposed brick and timber, and sundrenched windows.

Property Flyers

BurlapLofts_Brochure_2024

Amenities

24 Hour Access
Bus Line
Controlled Access
Signage
Kitchen
Roof Terrace
Central Heating
High Ceilings
Natural Light
Shower Facilities
Outdoor Seating
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Target Field Station (Northstar Corridor - Northstar Commuter Rail)	5 min	-	1.6 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail)	14 min	-	7.3 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	22 min	-	11.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Chad Tepley 612-255-9516 CDT Realty

501 1st Ave NE Minneapolis, MN 55413