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The Banks Building 615 NE 1st Ave 500 - 12,006 sq ft 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 Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • USE
  • CONDITION
  • AVAILABLE
  • Basement, Ste B00/B02
  • 500-2,000 sq ft
  • Negotiable
  • £7.52 /sq ft pa £0.63 /sq ft pcm £15,042 pa £1,254 pcm
  • Office
  • Partial Fit-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 Fit-Out as Standard Office
  • Finished Ceilings: 10 ft - 12 ft
  • 1st Floor, Ste 135
  • 3,646 sq ft
  • Negotiable
  • £12.79 /sq ft pa £1.07 /sq ft pcm £46,617 pa £3,885 pcm
  • Office
  • -
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • 8 Private Offices
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 10 ft - 12 ft
  • 1st Floor, Ste 145
  • 2,990 sq ft
  • Negotiable
  • £12.79 /sq ft pa £1.07 /sq ft pcm £38,230 pa £3,186 pcm
  • Office
  • -
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • 8 Private Offices
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 10 ft - 12 ft
  • 5th Floor, Ste 510
  • 3,370 sq ft
  • Negotiable
  • £12.79 /sq ft pa £1.07 /sq ft pcm £43,088 pa £3,591 pcm
  • Office
  • Full Fit-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 Fit-Out as Standard Office
  • Finished Ceilings: 10 ft - 12 ft
  • Hardwood Floors
  • Vintage Finishes
Space Size Term Rate Space Use Condition Available
Basement, Ste B00/B02 500-2,000 sq ft Negotiable £7.52 /sq ft pa £0.63 /sq ft pcm £15,042 pa £1,254 pcm Office Partial Fit-Out Now
1st Floor, Ste 135 3,646 sq ft Negotiable £12.79 /sq ft pa £1.07 /sq ft pcm £46,617 pa £3,885 pcm Office - Now
1st Floor, Ste 145 2,990 sq ft Negotiable £12.79 /sq ft pa £1.07 /sq ft pcm £38,230 pa £3,186 pcm Office - Now
5th Floor, Ste 510 3,370 sq ft Negotiable £12.79 /sq ft pa £1.07 /sq ft pcm £43,088 pa £3,591 pcm Office Full Fit-Out Now

Basement, Ste B00/B02

Size
500-2,000 sq ft
Term
Negotiable
Rate
£7.52 /sq ft pa £0.63 /sq ft pcm £15,042 pa £1,254 pcm
Space Use
Office
Condition
Partial Fit-Out
Available
Now

1st Floor, Ste 135

Size
3,646 sq ft
Term
Negotiable
Rate
£12.79 /sq ft pa £1.07 /sq ft pcm £46,617 pa £3,885 pcm
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 145

Size
2,990 sq ft
Term
Negotiable
Rate
£12.79 /sq ft pa £1.07 /sq ft pcm £38,230 pa £3,186 pcm
Space Use
Office
Condition
-
Available
Now

5th Floor, Ste 510

Size
3,370 sq ft
Term
Negotiable
Rate
£12.79 /sq ft pa £1.07 /sq ft pcm £43,088 pa £3,591 pcm
Space Use
Office
Condition
Full Fit-Out
Available
Now

Basement, Ste B00/B02

Size 500-2,000 sq ft
Term Negotiable
Rate £7.52 /sq ft pa
Space Use Office
Condition Partial Fit-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 Fit-Out as Standard Office
  • Open Floor Plan Layout
  • Finished Ceilings: 10 ft - 12 ft

1st Floor, Ste 135

Size 3,646 sq ft
Term Negotiable
Rate £12.79 /sq ft pa
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 ft - 12 ft

1st Floor, Ste 145

Size 2,990 sq ft
Term Negotiable
Rate £12.79 /sq ft pa
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 ft - 12 ft

5th Floor, Ste 510

Size 3,370 sq ft
Term Negotiable
Rate £12.79 /sq ft pa
Space Use Office
Condition Full Fit-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 Fit-Out as Standard Office
  • Open Floor Plan Layout
  • Finished Ceilings: 10 ft - 12 ft
  • 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 Route
  • Controlled Access
  • Signage
  • Air Conditioning

PROPERTY FACTS

Property Type
Office
Year Built/Renovated
1905/2001
Number of Floors
5
Property Size
107,000 sq ft
Costar Property Class
B
Typical Floor Size
27,194 sq ft
Clear Internal Height
10 ft
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®
Excellent pedestrian access (94)
Bike Score®
Ideal For Cyclists (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
  • Listing ID: 4106618

  • Date on Market: 19/03/2024

  • Last Updated:

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

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