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615 NE 1st Ave
Minneapolis, MN 55413 Nicollet Island

$10.00 - $17.00 USD/SF/YR

Office For Lease  •  500+ SF

Property Details

  • Property Type Office
  • Year Built 1905
  • Total Building Size 135,969 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning I1
62 Transit Score
93 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
Bsmt Floor Ste B00/B02 Office 500-2,000 SF $10.00 USD/SF/YR
Lower level has storage space available, up to 2,000 SF

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Office
  • Space Type: Relet
1st Floor Ste 135 Office 3,646 SF $17.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 145 Office 2,990 SF $17.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
5th Floor Ste 510 Office 3,370 SF $17.00 USD/SF/YR
Ideal for a stellar regional office, boasting unobstructed views of Downtown Minneapolis, open room for a variety of configurations, and easy access to amenities that even rival the downtown high rises.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet

Description

Hidden behind an unassuming historic façade, The Banks Building offers elegantly designed interiors leveraging the building’s natural exposed brick and wood beams to curate a rustic yet modern atmosphere. Built in 1905, the building has been completely restored with refreshed common areas, stylish hardwood floors, and cavernous ceilings to foster creativity and innovation. This has brought an eclectic mix of high-tech office and creative studio tenants, including Media Loft, Linnihan Foy Advertising, and Brain Traffic. 
 
The building has availabilities ranging from blank canvases for building out the perfect space to accelerate organizational success, an entire floor in turnkey condition so tenants can get to work right away, and even spaces equipped with loading docks and freight elevators. So any company can call The Banks Building home. With an abundance of surface parking, a rare luxury this close to downtown, any business will be able to accommodate its labor force and certainly attract more workers with the vibrant amenity corridor just outside its office. 


Located a few blocks from the Mississippi River, The Banks Building is nestled in a picturesque setting, one that is quickly filling up with trendy lounges, high-end apartment complexes, and chic eateries. This has drawn thralls of young professionals to the area, as evidenced by the more than 1,300 new multi-family units delivered within a half-mile of The Banks Building since 2019. Employees can embrace the modern live-work-play lifestyle, but travel is a breeze for those who prefer to commute with a public transport stop on the corner and Interstate 35W less than a mile away. Before calling it a day, workers can relax with a cocktail at Otter’s Saloon across the street, seal the deal over a steak at Red Stag Supperclub a block away, or grab groceries at Lunds & Byerlys off Central Avenue. If that wasn’t enough, take a five-minute drive to Downtown Minneapolis and explore its unmatched nightlife or world-class events at US Bank Stadium and Target Field. 
 
The location makes this a convenient and affordable option since rents opposite the Mississippi River average almost $10 per square foot higher than The Banks Building’s availabilities. For those looking to secure a prominent position in the heart of Minneapolis without sacrificing affordability or quality, look no further than The Banks Building.

Highlights

The Banks Building is a historic Minneapolis address completely reimagined utilizing its century-old features to create an elegant, rustic design.
Spaces from as little as 1,819 SF with little to no work needed, as well as shell space with loading docks and freight elevators for intensive use.
Walkable to dozens of amenities including Otter’s Saloon, Spitz, Brasa, Stray Dog and Mac’s Industrial Sports Bar.
Ideal to offer a live-work-play lifestyle with more than 1,300 multifamily units built since 2019 within a half-mile of The Banks Building.
Easy travel with Downtown Minneapolis five minutes away, a public transport stop on the corner, and Interstate 35W a mile away.
Office space available with sleek finishes, hardwood floors, exposed brick, and glistening skylights.

Property Flyers

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Signage
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Brain Traffic 7/31/2014
CESO
Goetz & Eckland P.A.
Jeremiah Program
Linnihan Foy 7/31/2005
Media Loft 4/30/2025
Sonder

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 5 min - 1.7 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 14 min - 7.4 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 23 min - 11.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 222
Type: Surface
Included in Rent: Yes
Erin Larson 612-255-8205 Schafer Richardson
Erin Larson 612-255-8205 Schafer Richardson