The Imperial Room

For Lease

415 N 1st Avenue, Minneapolis, MN 55401

You can currently find 1 retail space(s) available for lease at The Imperial Room. Designated use type for space listed here includes restaurant. Current retail listings at this property total 4,160 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at The Imperial Room.

Space Available For Lease 1

Contacts

Jeff Salzbrun

Commercial Equities Group

Owner | Broker

Property Details

  • 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

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

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Attachments

Getting around

  • 95/100

    Walk Score ®

  • 89/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Minneapolis, MN
  • Neighborhood Downtown Minneapolis
  • Zip Code 55401
  • Market Minneapolis St Paul

Points of Interest

  • Warehouse District/Hennepin Avenue

    0.04 miles

  • Nicollet Mall

    0.21 miles

  • Target Field - Platform 1

    0.25 miles

  • Target Field - Platform 2

    0.33 miles

  • Government Plaza

    0.44 miles

  • Royalston

    0.49 miles

  • Bassett Creek Valley

    1.19 miles

  • Cedar-Riverside

    1.37 miles

  • West Bank

    1.44 miles

  • Franklin Avenue

    1.79 miles

  • Holiday

    0.44 miles

  • EZ Stop

    1.10 miles

  • Bobby and Steve's Auto World

    1.17 miles

  • BP

    1.26 miles

  • Speedway

    1.32 miles

  • ChargePoint

    1.46 miles

  • Marathon

    1.69 miles

  • Mobil

    1.77 miles

  • Greenlots

    2.15 miles

  • Tesla Supercharger

    2.72 miles

  • Butler Park

    0.08 miles

  • Midtown Parking Ramp

    0.12 miles

  • 5th Street Ramp B

    0.13 miles

  • Underground Ramp Parking

    0.15 miles

  • 4th Street Ramp C

    0.17 miles

  • 7th Street Ramp A

    0.27 miles

  • 517 Marquette Garage

    0.28 miles

  • Hawthorne Transportation Center

    0.32 miles

  • Hennepin Avenue Parking Ramp

    0.33 miles

  • 4th Street North Lot

    0.36 miles

  • Sal's on Fifth

    0.06 miles

  • Pizza Lucé

    0.07 miles

  • Breakfast Bar

    0.08 miles

  • Gluek's Restaurant & Bar

    0.10 miles

  • Gold Room

    0.12 miles

  • 112 Eatery

    0.14 miles

  • Bom Dia Treats

    0.15 miles

  • Chipotle

    0.17 miles

  • The Brother's Deli

    0.18 miles

  • The Oceanaire Seafood Room

    0.19 miles

  • City Center

    0.20 miles

  • Saks Fifth Avenue

    0.21 miles

  • Union 73

    0.21 miles

  • Marshalls

    0.22 miles

  • Whole Foods Market

    0.23 miles

  • Gaviidae Common

    0.24 miles

  • Target

    0.42 miles

  • Lunds & Byerlys

    0.57 miles

  • Trader Joe's

    0.79 miles

  • PURIS

    0.85 miles

415 N 1st Avenue Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    415 N 1st Avenue is located in Downtown Minneapolis, which is home to a total of 109 listing(s). Retail space at The Imperial Room asks $19.50/SF/YR per square foot.

  • The property includes 4,160 square feet of retail space for lease. Of this total, 4,160 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Minneapolis is 33. The average household income here is $62,105 per year.

Contact Listing Broker
Jeff Salzbrun

Commercial Equities Group

Owner | Broker

  1. 1Main information
  2. 2Extra information
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