The Thorp Building

1620 Central Avenue NE, Minneapolis, MN 55413

Property Information

  • For Lease $5.05 - $13.51/SF/YR
  • Property Type Industrial - Flex - Industrial
  • Property Size 250,000 SF
  • Lot Size 6.84 Acre
  • Parking Spaces Avail. 175
  • Parking Ratio 0.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1901
  • Date Updated Sep 15, 2026

Description

The Thorp Building is a 250,000-square-foot flex industrial property located on a 6.84-acre lot in the Logan Park neighborhood of Minneapolis. Built in 1901 and classified as a Class B building, it features a large parking area with 175 spaces, offering a parking ratio of 0.7 spaces per 1,000 square feet. This historic structure provides a flexible industrial space suitable for a range of tenants seeking expansive square footage in a well-established urban area.

Nearby, several transportation hubs within approximately two miles include Target Field - Platform 1 and Warehouse District/Hennepin Avenue stations, offering connections across the city. Parking options such as Turbo Tim's Parking, less than a mile away, and the St. Anthony Falls Ramp, about 1.4 miles away, provide additional convenience for drivers. Fuel stations like Handy Stop, approximately 0.5 miles from the property, and Speedway, about 0.8 miles away, add further accessibility for vehicles.

13 Spaces Available

1618 Central Avenue NE #09

Space Type

Flex - Industrial

Lease Rate

$5.05/SF/YR

Total Space

1,465 SF

Additional Rent

$8.85/SF/YR

Additional Space Type

Creative Office

Divisible Space

1,465 - 1,465 SF

Available Date

Immediate

Lease Type

Net

Renewal Option

Yes

Sublease

No

Turnkey

No

• South facing windows • Concrete floor • Private access to material lift (non-passenger elevator) • Plumbing and utility sink • Lower level location • Access to common docks • “As is, where is” • Tenant improvement allowance available to be amortized over term

1618 Central Avenue NE #226

Space Type

Flex - Industrial

Lease Rate

$9.08/SF/YR

Total Space

550 SF

Additional Rent

$8.85/SF/YR

Additional Space Type

Creative Office

Floor

2

Divisible Space

550 - 550 SF

Available Date

Immediate

Lease Type

Net

Renewal Option

Yes

Sublease

No

Turnkey

No

 2nd level space

• Next to freight elevator

• High ceilings

• Wood floors

• Two clear height windows

• Large sliding metal clad fire door

• Lofted area not included in sf

• “As is, where is”

• Tenant improvement allowance available to be amor

tized over term

1618 Central Avenue NE #227

Space Type

Flex - Industrial

Lease Rate

$7.50/SF/YR

Total Space

840 SF

Additional Rent

$8.85/SF/YR

Additional Space Type

Creative Office

Divisible Space

840 - 840 SF

Available Date

Immediate

Lease Type

Net

Renewal Option

Yes

Sublease

No

Turnkey

No

• Utility Sink

• High ceilings

• Access to freight elevator

• Two room configuration plus storage

• Clear story North facing windows

• Two entrance doors

• “As is, where is”

• Tenant improvement allowance available to be amor

tized over term

1620 Central Avenue NE #101

Space Type

Flex - Industrial

Lease Rate

$12.50/SF/YR

Total Space

2,546 SF

Additional Rent

$8.85/SF/YR

Additional Space Type

Creative Office

Divisible Space

2,546 - 2,546 SF

Available Date

TBD

Lease Type

Net

Renewal Option

Yes

Sublease

No

Turnkey

No

 Available early 2026. Artist studio, creative, flex space with A/C and abundant natural light. Two private offices/workspaces, located right on Central Ave NE.  Existing

 

• Large north and east facing windows

 

• Separate conference or office rooms

 

• 1st floor location

 

• Located on Central Ave NE

 

• Roughed-in plumbing

 

• A/C (A/C electric charged separately)

 

• Access to common docks

 

“As is, where is” with the following work to be completed

 

as part of the base building improvements

 

• Check and replace or repair steam heating system

 

return line slopes, traps and valves as needed

 

• Construction cleaning

 

• Architectural Fit Plan

 

• Tenant improvement allowance available to be amortized over the term

 

 

 

 

 

 

1620 Central Avenue NE #116

Space Type

Creative Office

Lease Rate

$6.00/SF/YR

Total Space

462 SF

Additional Rent

$8.85/SF/YR

Divisible Space

462 - 462 SF

Available Date

TBD

Lease Type

Net

Renewal Option

Yes

Sublease

No

Turnkey

No

 1st Floor • 14’ Ceiling Height • Access to common docks • Exposed masonry wall • Concrete Floors • Close to main entrance • “As is, where is” • Tenant improvement allowance available to be amortized over term

 

 

 

 

 

 

Contacts

Location

Located at 1620 Central Avenue NE, Minneapolis, MN 55413, this property is part of the Logan Park neighborhood and Minneapolis St Paul market.

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