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

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
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.