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The Banks Building 615 NE 1st Ave 500 - 12,006 SF of Office Space Available in Minneapolis, MN 55413

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HIGHLIGHTS

  • The Banks Building is a historic Minneapolis address completely reimagined utilizing its century-old features to create an elegant, rustic design.
  • Walkable to dozens of amenities including Otter’s Saloon, Spitz, Brasa, Stray Dog and Mac’s Industrial Sports Bar.
  • Easy travel with Downtown Minneapolis five minutes away, a public transport stop on the corner, and Interstate 35W a mile away.
  • 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.
  • 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.
  • Office space available with sleek finishes, hardwood floors, exposed brick, and glistening skylights.

ALL AVAILABLE SPACES(4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Basement, Ste B00/B02
  • 500-2,000 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $27,918 CAD/YR $2,327 CAD/MO
  • Office
  • Partial Build-Out
  • Now

Lower level has storage space available, up to 2,000 SF

  • Listed rate may not include certain utilities, building services and property expenses
  • Open Floor Plan Layout
  • Partially Built-Out as Standard Office
  • Finished Ceilings: 10’ - 12’
  • 1st Floor, Ste 135
  • 3,646 SF
  • Negotiable
  • $23.73 CAD/SF/YR $1.98 CAD/SF/MO $86,522 CAD/YR $7,210 CAD/MO
  • Office
  • -
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • 8 Private Offices
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 10’ - 12’
  • 1st Floor, Ste 145
  • 2,990 SF
  • Negotiable
  • $23.73 CAD/SF/YR $1.98 CAD/SF/MO $70,955 CAD/YR $5,913 CAD/MO
  • Office
  • -
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • 8 Private Offices
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 10’ - 12’
  • 5th Floor, Ste 510
  • 3,370 SF
  • Negotiable
  • $23.73 CAD/SF/YR $1.98 CAD/SF/MO $79,972 CAD/YR $6,664 CAD/MO
  • Office
  • Full Build-Out
  • Now

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.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • Skylights
  • Exposed Brick
  • Fully Built-Out as Standard Office
  • Finished Ceilings: 10’ - 12’
  • Hardwood Floors
  • Vintage Finishes
Space Size Term Rental Rate Space Use Condition Available
Basement, Ste B00/B02 500-2,000 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $27,918 CAD/YR $2,327 CAD/MO Office Partial Build-Out Now
1st Floor, Ste 135 3,646 SF Negotiable $23.73 CAD/SF/YR $1.98 CAD/SF/MO $86,522 CAD/YR $7,210 CAD/MO Office - Now
1st Floor, Ste 145 2,990 SF Negotiable $23.73 CAD/SF/YR $1.98 CAD/SF/MO $70,955 CAD/YR $5,913 CAD/MO Office - Now
5th Floor, Ste 510 3,370 SF Negotiable $23.73 CAD/SF/YR $1.98 CAD/SF/MO $79,972 CAD/YR $6,664 CAD/MO Office Full Build-Out Now

Basement, Ste B00/B02

Size
500-2,000 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $27,918 CAD/YR $2,327 CAD/MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor, Ste 135

Size
3,646 SF
Term
Negotiable
Rental Rate
$23.73 CAD/SF/YR $1.98 CAD/SF/MO $86,522 CAD/YR $7,210 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 145

Size
2,990 SF
Term
Negotiable
Rental Rate
$23.73 CAD/SF/YR $1.98 CAD/SF/MO $70,955 CAD/YR $5,913 CAD/MO
Space Use
Office
Condition
-
Available
Now

5th Floor, Ste 510

Size
3,370 SF
Term
Negotiable
Rental Rate
$23.73 CAD/SF/YR $1.98 CAD/SF/MO $79,972 CAD/YR $6,664 CAD/MO
Space Use
Office
Condition
Full Build-Out
Available
Now

Basement, Ste B00/B02

Size 500-2,000 SF
Term Negotiable
Rental Rate $13.96 CAD/SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

Lower level has storage space available, up to 2,000 SF

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Office
  • Open Floor Plan Layout
  • Finished Ceilings: 10’ - 12’

1st Floor, Ste 135

Size 3,646 SF
Term Negotiable
Rental Rate $23.73 CAD/SF/YR
Space Use Office
Condition -
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 8 Private Offices
  • Finished Ceilings: 10’ - 12’

1st Floor, Ste 145

Size 2,990 SF
Term Negotiable
Rental Rate $23.73 CAD/SF/YR
Space Use Office
Condition -
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 8 Private Offices
  • Finished Ceilings: 10’ - 12’

5th Floor, Ste 510

Size 3,370 SF
Term Negotiable
Rental Rate $23.73 CAD/SF/YR
Space Use Office
Condition Full Build-Out
Available Now

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.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • Finished Ceilings: 10’ - 12’
  • Skylights
  • Hardwood Floors
  • Exposed Brick
  • Vintage Finishes

PROPERTY OVERVIEW

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.

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

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1905/2001
Building Height
5 Stories
Building Size
107,000 SF
Building Class
B
Typical Floor Size
27,194 SF
Unfinished Ceiling Height
10’
Parking
222 Surface Parking Spaces

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 4th
  • Brain Traffic
  • Information
  • 1st
  • CESO
  • Educational Services
  • 4th
  • Goetz & Eckland P.A.
  • Professional, Scientific, and Technical Services
  • 2nd
  • Jeremiah Program
  • Health Care and Social Assistance
  • 3rd
  • Linnihan Foy
  • Professional, Scientific, and Technical Services
  • 1st
  • Media Loft
  • Information
  • 1st
  • Sonder
  • Real Estate
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 4106618

  • Date on Market: 2024-03-19

  • Last Updated:

  • Address: 615 NE 1st Ave, Minneapolis, MN 55413

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