Lori Gustafson

700 Washington Avenue N # 627

Minneapolis, MN
$ 349,900 Beds 1 Baths 1 Sq 1,010
Monthly Estimate* How much can I afford?

Discover a rare blend of historic character, industrial soul, and modern comfort in this top-floor condo at Tower Lofts, one of the North Loop’s most sought-after warehouse conversions. Originally transformed in 2005, this industrial-style residence captures the essence of authentic loft living — with soaring 13-foot ceilings, exposed brick, and freshly refinished concrete floors that highlight the building’s history. Sunlight pours in through the large arched windows, illuminating the open living space and showcasing the home’s striking architectural details. A clever “light shelf” window feature carries natural light into the loft area of the primary bedroom, creating a bright, airy atmosphere throughout. The updated kitchen combines form and function with new countertops, center island, modern backsplash, and sink & faucet — perfect for entertaining or quiet nights in. Just upstairs, residents enjoy access to one of the largest rooftop decks in the North Loop — an expansive 6,000-square-foot retreat with gas grills, firepits, and sweeping skyline views that define urban living at its best. Ideally located in the heart of the bustling North Loop, Tower Lofts offers effortless access to trendy boutiques, Whole Foods, acclaimed restaurants, craft breweries, Target Field, nightlife, riverfront parks and trails, and the light rail — all just steps away. Additional highlights include a pet-friendly community, secured heated parking, guest parking, and a private storage unit. At Tower Lofts, every detail connects the building’s industrial heritage with the modern and vibrant pulse of the North Loop.

Single Family

  • Price
  • $ 349,900
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1338 Tower Lofts Condo
  • Lot Size
  • Zip
  • 55401
  • Sqr Footage
  • 1,010
  • Year Built
  • 1920
  • Taxes
  • $ 5156
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7118891
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1010
Sewer City Sewer/Connected
Heating Baseboard,Hot Water
Cooling Central Air
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 844.91
Garage Spaces 1
Association Fee Includes Air Conditioning,Cable TV,Gas,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Professional Mgmt,Sanitation,Security Staff,Sewer,Shared Amenities,Snow Removal,Water
Year Built 1920
Electric Circuit Breakers
Levels One
Unit Number 627
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Doors 36 +,Accessible Elevator Installed,Hallways 42 +,No Stairs External,No Stairs Internal
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Deck,Elevator(s),Fire Sprinkler System,Lobby Entrance,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 1338 Tower Lofts Condo
Full Baths 1
Directions Hennepin Ave. to Washington Ave N. to Tower Lofts.
City Minneapolis
Association Name First Service Residential
High School District Minneapolis
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 5156.94
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,City View,Ethernet Wired,Indoor Sprinklers,Kitchen Center Island,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1010
Laundry Features Electric Dryer Hookup,Laundry Closet,Main Level,In Unit,Washer Hookup
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Attached Garage,Garage Door Opener,Guest Parking,Heated Garage,Storage,Underground
Water Source City Water/Connected
Building Area Total 1010
Waterfront Y/N No
Foundation Area 1010
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/30/2026 Listed $349,900

Property vs Zip Code Average in 55401

Price
AVG $610K
$350K
Taxes
AVG $9,256
$5,156
Year Built
AVG 1971
1920
Visits
AVG 160
51
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

700 Washington Avenue N # 627 Minneapolis, MN is a Single Family Home for sale at $349900 with 1010 sqft and a lot size of Acre(s). 700 Washington Avenue N # 627 Minneapolis has 1 bedrooms, 1 baths and was built in 1920. The property's zip code is 55401 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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