This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Burlap Lofts | Reimagining the Workplace 501 1st Ave NE

2,400 - 34,266 SF of 4-Star Space Available in Minneapolis, MN 55413

Virtual Tour

Highlights

  • Excellent location in the heart of NE Minneapolis within walking distance to over 50 restaurants, bars, and boutique shops.
  • Brand new Class A Lux-loft retail and office redevelopment with 2,000-15,000-square-fooot spaces available.
  • All new windows, mechanicals, and elevator provide tenants and visitors with a vibrant, safe, and comfortable atmosphere.
  • OnBike shared bicycles, sparkling water machine, tenant lounge, roof deck, community kitchen, on-demand coffee delivery from Harmony Coffee, and more.
  • 11-foot ceiling heights, stunning exposed timber ceilings, exposed brick throughout, and an abundance of natural light.
  • Basement retail spaces feature street level access, ADA access, 10-foot ceilings, exposed brick and timber, and sundrenched windows.

all available spaces(10)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • Basement, Ste B110
  • 2,809 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Fits 8 - 23 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 10’
  • Tall ceilings, brick/timber, elevator access
  • Basement, Ste B120
  • 2,400 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Fits 6 - 20 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 10’
  • Tall ceilings, brick/timber, elevator access
  • Basement, Ste B130
  • 4,153 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Fits 11 - 34 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 10’
  • Tall ceilings, brick/timber, elevator access
  • 1st Floor
  • 2,478 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • Now

Gorgeous brick & timber loft space; potential for dedicated outdoor seating/patio space

  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • 2nd Floor, Ste 210
  • 3,368 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 9 - 27 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 9’ - 11’
  • 2nd Floor, Ste 230
  • 4,107 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

Amazing light throughout, 9-11 foot ceiling height, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 11 - 33 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 9’ - 11’
  • 3rd Floor, Ste 310
  • 3,368 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • Spec Suite
  • Now

Top Floor, Corner Suite, Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 9 - 27 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 9’ - 11’
  • 3rd Floor, Ste 320
  • 2,434 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

Amazing light throughout, 9-11 foot ceiling height, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 7 - 20 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 9’ - 11’
  • 3rd Floor, Ste 330
  • 4,320 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 11 - 35 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Finished Ceilings: 9’ - 11’
  • 4th Floor, Ste 430
  • 4,829 SF
  • 5-15 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • -
  • Now

Top Floor/Entire Floor Private/Potential to Add Additional Private Roof Deck; Corner Space, Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 13 - 39 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
Space Size Term Rental Rate Space Use Condition Available
Basement, Ste B110 2,809 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
Basement, Ste B120 2,400 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
Basement, Ste B130 4,153 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
1st Floor 2,478 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Retail - Now
2nd Floor, Ste 210 3,368 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
2nd Floor, Ste 230 4,107 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
3rd Floor, Ste 310 3,368 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail Spec Suite Now
3rd Floor, Ste 320 2,434 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
3rd Floor, Ste 330 4,320 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now
4th Floor, Ste 430 4,829 SF 5-15 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office/Retail - Now

Basement, Ste B110

Size
2,809 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

Basement, Ste B120

Size
2,400 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

Basement, Ste B130

Size
4,153 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

1st Floor

Size
2,478 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
Now

2nd Floor, Ste 210

Size
3,368 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

2nd Floor, Ste 230

Size
4,107 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

3rd Floor, Ste 310

Size
3,368 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
Spec Suite
Available
Now

3rd Floor, Ste 320

Size
2,434 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

3rd Floor, Ste 330

Size
4,320 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

4th Floor, Ste 430

Size
4,829 SF
Term
5-15 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Condition
-
Available
Now

Basement, Ste B110

Size 2,809 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Fits 8 - 23 People
  • Finished Ceilings: 10’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Tall ceilings, brick/timber, elevator access

Basement, Ste B120

Size 2,400 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Fits 6 - 20 People
  • Finished Ceilings: 10’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Tall ceilings, brick/timber, elevator access

Basement, Ste B130

Size 4,153 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

This is NOT your typical basement space-- Full 9 to 10 foot ceiling height; variety of options available; direct elevator access; natural light; ideal uses include: art gallery, recording studio, photo/music/video studio, server farm, speakeasy bar, fitness/yoga/pilates, back office, catering/kitchen, cannabis grow lab...

  • Fits 11 - 34 People
  • Finished Ceilings: 10’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space
  • Tall ceilings, brick/timber, elevator access

1st Floor

Size 2,478 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Retail
Condition -
Available Now

Gorgeous brick & timber loft space; potential for dedicated outdoor seating/patio space

  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

2nd Floor, Ste 210

Size 3,368 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 9 - 27 People
  • Finished Ceilings: 9’ - 11’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

2nd Floor, Ste 230

Size 4,107 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

Amazing light throughout, 9-11 foot ceiling height, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 11 - 33 People
  • Finished Ceilings: 9’ - 11’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

3rd Floor, Ste 310

Size 3,368 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition Spec Suite
Available Now

Top Floor, Corner Suite, Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 9 - 27 People
  • Finished Ceilings: 9’ - 11’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

3rd Floor, Ste 320

Size 2,434 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

Amazing light throughout, 9-11 foot ceiling height, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 7 - 20 People
  • Finished Ceilings: 9’ - 11’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

3rd Floor, Ste 330

Size 4,320 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 11 - 35 People
  • Finished Ceilings: 9’ - 11’
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

4th Floor, Ste 430

Size 4,829 SF
Term 5-15 Years
Rental Rate Upon Request
Space Use Office/Retail
Condition -
Available Now

Top Floor/Entire Floor Private/Potential to Add Additional Private Roof Deck; Corner Space, Amazing light throughout, 9-11 foot ceiling height, downtown views, restrooms, gorgeous amenities, direct elevator access, all new mechanicals/electrical/plumbing, polished concrete floors, build-to-suit or TI allowance

  • Fits 13 - 39 People
  • Can be combined with additional space(s) for up to 34,266 SF of adjacent space

Property Overview

Burlap Lofts is a new, 50,000-square-foot boutique office and retail destination in Northeast Minneapolis' booming East Bank/Nicollet Island neighborhood. Located at 501 1st Ave NE and originally constructed in 1910, this two-building, three- and four-story loft complex has undergone a top-to-bottom redesign to offer creative lux-loft office spaces, retail shops, and a gorgeous mix of tenant amenities inside and out. High design meets historic charm in these century-old brick-and-timber structures. Few locations in the country offer a dynamic combination of surrounding dining, shopping, entertainment, and outdoor enjoyment. Occupancy at Burlap Lofts offers tenants flexible layouts and top-of-the-line amenities throughout a distinctively modern reimagining of this early twentieth-century facility. Available spaces range between 2,000 and +/- 35,000 square feet. Adaptive-reuse features include a new 9-foot passenger elevator and a new corridor addition that connects the two buildings. Upon arrival, occupants and guests of Burlap Lofts are greeted by a grand entrance and courtyard that affords easy access to the outdoor terrace and the second-floor luxury tenant lounge. Loft features include nine-foot clear heights and ample space for bike and e-bike storage. Additional features include rustic, exposed brick and timber facades, polished concrete floors, and incredible natural light from every side. The tenant lounge will offer a full kitchen, big-screen TVs, gaming options, table tennis, ultra-comfortable seating options, and a rooftop garden terrace. The space is tastefully decorated featuring art from a variety of local artists and sculptors. Known for its art galleries and convenient location, Northeast Minneapolis lies across the river from Downtown Minneapolis. It is considered a melting pot stocked full of experimental restaurants, craft breweries, dive bars, and more. This rapidly expanding section of Minneapolis also provides easy access to Grand Rounds National Scenic Byway, home to more than 50 miles of trails winding throughout Minneapolis, accessible via St Anthony Parkway and Stinson Parkway. Rich with history and mounting an urban resurgence rivaled by few American cities, Northeast Minneapolis is the perfect place to expand or launch your business.

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Signage
  • Kitchen
  • Roof Terrace
  • Central Heating
  • High Ceilings
  • Natural Light
  • Shower Facilities
  • Outdoor Seating
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1910/2024
LoopNet Rating
4 Star
Building Height
4 Stories
Building Size
44,007 SF
Building Class
A
Typical Floor Size
11,002 SF
Unfinished Ceiling Height
11’
Parking
Surface Parking

Marketing Brochure

Walk Score ®
Walker's Paradise (92)
Bike Score ®
Biker's Paradise (98)
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.®

Nearby Amenities

Restaurants

Herbivorous Butcher Vegan - 2 min walk
Lu's Sandwiches - - 3 min walk
Conga Latin Bistro Bistro $$ 2 min walk
R Taco Mexican $$$ 3 min walk

Retail

HOTWORX Fitness 3 min walk
Aveda Health & Beauty Aids 4 min walk
U.S. Bank Bank 3 min walk
Lunds & Byerlys Supermarket 5 min walk

Hotels

Four Seasons
222 rooms
3 min drive
Autograph Collection
229 rooms
5 min drive
Residence Inn
131 rooms
4 min drive
Tribute Portfolio
270 rooms
5 min drive

Leasing Agent

Leasing Agent

(773) 263-1950
Contact
Chad Tepley, President
(773) 263-1950
Contact
As President and Founder of CDT Realty Corporation, Chad Tepley has spent over 20 years in local and national commercial real estate engaged in nearly every facet of the business — capital markets, brokerage, investment sales, acquisitions, and development.  Prior to CDT Realty, Mr. Tepley transacted over $1.5 billion in real estate during his career in positions with Jones Lang Lasalle Americas Inc, Cedar Street Companies, Jameson Commercial, and Garrett Realty & Development. He received his degree in Real Estate & Urban Land Economics from the University of Wisconsin - Madison and currently resides in southwest Minneapolis.
  • Listing ID: 29809806

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 501 1st Ave NE, Minneapolis, MN 55413

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}