213 1/2 Washington Avenue N
Minneapolis, MN 55401
$1,350,000 - 19
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 Courtesy of: Compass
612-384-1190
| Listing Id: | 7146199 |
|---|---|
| List Price: | $1,350,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bedrooms Total: | 1 |
| Bathrooms Full: | 4 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Tax Annual Amount: | $27,272 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 19 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Town Of Minneapolis |
| Postal Code: | 55401 |
| Year Built: | 1877 |
| Number Of Units Total: | 2 |
| Accessibility Features: | None |
| Appliances: | Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator |
| Basement: | Yes |
| Basement: | Egress Window(s), Storage Space, Unfinished |
| Bathrooms Total Integer: | 4 |
| Building Area Total: | 7040 |
| Construction Materials: | Block, Stone |
| Cooling: | Central Air, Zoned |
| Current Use: | Retail |
| Directions: | Washington Ave North Minneapolis |
| Electric Expense: | $795 |
| Fencing: | Other |
| Flooring: | Wood |
| Foundation Area: | 1,760 |
| Fuel Expense: | 994 |
| Garage Spaces: | 2 |
| Gross Income: | $50,400 |
| Heating: | Forced Air |
| High School District: | Minneapolis |
| Inclusions: | Building, Fixture/Equipment, Leases |
| Insurance Expense: | $7,000 |
| Levels: | Three Or More |
| Listing Contract Date: | 2026-09-29 |
| Living Area Units: | Square Feet |
| Lot Features: | Public Transit (w/in 6 blks), Zero Lot Line |
| Lot Size Area: | 0.08 |
| Lot Size Dimensions: | 22x162 |
| Lot Size Units: | Acres |
| Maintenance Expense: | $500 |
| Net Operating Income: | $18,585 |
| Amenities Unit: | Balcony, Ceiling Fan(s), Deck, Hardwood Floors, Intercom System, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Panoramic View, Security System, Skylight, Tennis Court, Vaulted Ceiling(s), Washer/Dryer Hookup |
| Assessment Pending: | No |
| Ceiling Height: | 11-15 |
| Foreclosure Status: | No |
| Foundation Dimensions: | 20x80 |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Power Company: | Xcel Energy |
| Yearly/Seasonal: | Yearly |
| Number of Refrigerators: | None |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Shared Rooms: | Other |
| Tax With Assessments: | $27,272 |
| Operating Expense: | $31,815 |
| Other Expense: | $500 |
| Owner Pays: | Common Area Maintenance, Electricity, Exterior Maintenance, Fuel, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Repairs, Telephone, Security, Taxes |
| Parcel Number: | 2202924410074 |
| Parking Features: | Detached Garage, Paved Lot |
| Pool Features: | None |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 22 |
| Public Survey Township: | 29 |
| Road Frontage Type: | City Street |
| Road Responsibility: | Public Maintained Road |
| Roof: | Age 8 Years or Less, Flat |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Tenant Pays: | Electricity, Fuel, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Maintenance, Telephone, Repairs, Security |
| Utilities: | Electric Separate, Heating Separate, Hot Water Separate |
| Window Features: | Screens, Double Pane Windows |
| Water Source: | City Water/Connected |
| Zoning Description: | Business/Commercial |
| Possible Use: | Office, Other, Retail, Income |
| Township: | Minneapolis |
| Patio Porch Type: | Deck |
| For Sale Or Lease: | For Sale |
| Exterior Features: | Stone, Concrete, Stucco |
| Foundation Details: | Brick/Mortar, Stone |
| Commercial Style Type: | Apartments and Retail, Business Opportunity, Common Wall, Mixed Use, Office |
| School District Full Name: | 1 - Minneapolis |
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota.
All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing. Real estate listings held by brokerage firms other than the publisher of this website are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the site owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:23 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:23 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Property Last Updated: October 08, 2026 04:23 PM - CT
