Listed at
$599,900
$399/sqft

Tower Lofts

700 Washington Avenue #218, Minneapolis, MN, 55401
2  Bedrooms1  Bathroom1,504  Square Feet
Days on market662
Year built1920
ParkingAssigned
HOA / month$1,030
TypeResidential
Est. $14,997buyer credit when you buy with SODL
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About this home

One of 20 walkup live/workspaces in the North Loop – these opportunities just do not come up often! Built in 1920, this historic warehouse originally housed the manufacturing of burlap bags for the mill industry and through the years has had a variety of purposes. In early 2000’s the building was modernized and converted into Residential Lofts while maintaining the character of the past. This unit perfectly blends modern design with the original concrete pillars, brick, and a massive metal truss. 15-foot ceilings along with a wall of windows make this Loft feel even bigger than it is – the pictures do not do it justice! Building amenities include an onsite property manager and a large rooftop deck with incredible views of downtown. The unit has 2 parking stalls located directly in front of the private walkup entrance. The HOA fee includes internet, cable, and all utilities except for electricity. With the unique zoning of the unit, you can utilize the space as your private home, a business, or both – there are many possibilities and opportunities! Plenty to do outside here with the Mississippi Walking/Biking Trail, Cedar Lake Trail, North Loop Dog Park, and North Loop Playground all just a short walk away. Exceptional Restaurants and Coffee Shops are not in short supply here either! Book your tour for this special property today – it may be the only one like it listed within the coming year.

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Home facts

Property typeResidential
Property subtypeHigh Rise
Year built1920
LevelsOne
Living area1,504 sqft
Above-grade finished1,504 sqft
Below-grade finished0 sqft
Lot size0 acres (Common)
Days on market662
ListedDec 3, 2024
MLS #NST6636354
CountyHennepin
SubdivisionTower Lofts
Parcel #2202924120447

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer

Property

Levels / stories
One
Parking features
Assigned, Open
Lot dimensions
Common
Accessibility
No Stairs Internal, Partially Wheelchair
Parcel #
2202924120447
Zoning
Residential-Single Family

Construction

Property type
Residential
Property subtype
High Rise
Construction materials
Brick/Stone
Foundation
1,504 sqft
Roof
Flat
Year built
1920

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Electric
Circuit Breakers

Community & HOA

Subdivision
Tower Lofts
HOA
$1,030/month
HOA name
First Service Residential
HOA phone
952-277-2700
HOA includes
Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
HOA amenities
Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Security

Financial & listing details

Annual tax
$5,891 (2024)
Tax with assessments
5890.7400
Listed
Dec 3, 2024
Days on market
662

Interior details

Total bathrooms1
Full baths0
3/4 baths1
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingCentral Air
AppliancesDishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
AccessibilityNo Stairs Internal, Partially Wheelchair

Exterior & lot

RoofFlat
Foundation area1,504 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingAssigned, Open
Garage spaces0
Garage size0 sqft

Financial details

Annual taxes$5,891
Tax year2024
Taxes w/ assessments5890.7400
Assessment pendingNo
HOA fee$1,030
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1
District phone612-668-0000
High schoolMinneapolis
SODL flat fee brokerage
$14,997Estimated buyer credit
SODL platform fee $3,000Your buyer credit $14,997

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,874/mo
Principal & interest$3,153
Property taxes$491
Home insurance (est.)$200
HOA fees$1,030
%
$119,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

700 Washington Avenue #218, Minneapolis, MN, 55401

Listing information

MLS #NST6636354
StatusActive
Last updatedDec 6, 2024, 11:04 AM
Originally listedDec 6, 2024, 6:00 AM
Listing officeDRG

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.