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415-417 N 1st Ave
Minneapolis, MN 55401
The Imperial Room · Office Property For Sale
Investment Highlights
- Space includes kitchen, dining/lounge areas, a bar on each level, room for dance floor, stairs, elevator, storage, large windows, and restrooms
Executive Summary
Formerly home to The Imperial Room, this iconic 1st Ave restaurant space delivers existing kitchen infrastructure, bar buildouts, and event-ready layout that dramatically reduces startup timeline and cost.
• Multi-level restaurant/bar in historic 114-year-old building
• Ownership is motivated to partner with an experienced operator and is open to creative deal structures that support a strong launch
• Excellent location on legendary 1st Ave in the high density North Loop/Warehouse District
• Half a block form METRO Green and Blue Line, two blocks from Target Center and Target Field and minutes from US Bank Stadium
• Multi-level restaurant/bar in historic 114-year-old building
• Ownership is motivated to partner with an experienced operator and is open to creative deal structures that support a strong launch
• Excellent location on legendary 1st Ave in the high density North Loop/Warehouse District
• Half a block form METRO Green and Blue Line, two blocks from Target Center and Target Field and minutes from US Bank Stadium
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,520 SF
Building Class
B
Year Built/Renovated
1901/1982
Percent Leased
69%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,704 SF
Slab To Slab
11’
Building FAR
4.93
Lot Size
0.06 AC
Zoning
DT2 - Commercial uses are required at the street level of all development
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 22-029-24-42-0076 | Improvements Assessment | $845,565 CAD |
| Land Assessment | $614,413 CAD | Total Assessment | $1,459,979 CAD |
Property Taxes
Parcel Number
22-029-24-42-0076
Land Assessment
$614,413 CAD
Improvements Assessment
$845,565 CAD
Total Assessment
$1,459,979 CAD
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