The Imperial Room

415 N 1st Avenue, Minneapolis, MN 55401

Property Information

  • For Lease $19.50/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 13,520 SF
  • Lot Size 0.06 Acre
  • Zoning DT2
  • # of Floors 2
  • Average Floor Size 2,080 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Date Updated Mar 12, 2026

Description

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
• Space includes kitchen, dining/lounge areas, a bar on each level, room for dance floor, stairs, elevator, storage, large windows, and restrooms
• Ownership is motivated to partner with an experienced operator and is open to creative deal structures that support a strong launch

Highlights

  • 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
  • Space includes kitchen, dining/lounge areas, a bar on each level, room for dance floor, stairs, elevator, storage, and restrooms
  • Large windows for ambiance

1 Space Available

Floors 1 & 2

Space Type

Restaurant

Lease Rate

$19.50/SF/YR

Total Space

4,160 SF

Additional Space Type

Street Retail

Available Date

Immediate

Lease Type

NNN

Sublease

No

Space includes kitchen, dining/lounge areas, a bar on each level, room for dance floor, stairs, elevator, storage, and restrooms

Contacts

Jeff Salzbrun

Commercial Equities Group

Owner | Broker

Location

Located at 415 N 1st Avenue, Minneapolis, MN 55401, this property is part of the Downtown Minneapolis neighborhood and Minneapolis St Paul market.

Contact Listing Broker
Jeff Salzbrun

Commercial Equities Group

Owner | Broker

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