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111 E Franklin Avenue Unit 316

Minneapolis, MN 55404

1 bed
1 bath
890 sqft
$269 per sqft
1950 build
– on site

Opportunity to own a truly outstanding loft in the heart of the city at Franklin Lofts. This building was originally built in 1950 as an Art Moderne office building and then creatively converted to lofts in 2004. Located on the top floor, this corner unit combines great industrial character with concrete floors, exposed ductwork and steel beams, as well as abundant natural light and downtown skyline views with two full walls of windows. Comes with 1 assigned parking space #44 in surface lot and possible option to lease an indoor parking spot, as well as a storage locker. The outdoor courtyard with gardens, grills and spacious patio is another great space to entertain, relax and socialize. Enjoy everything the city offers including restaurants and coffee shops, parks and museums, music, sports, theaters and farmer’s markets.

Listing courtesy of NORTHSTAR / Kent Pitlick / Compass

Last checked: Checking… • Last updated Sep 3, 2024 •

MLS# 6590947 —

The Building

Year Built:

1950
New Construction:

false
Age Of Property:

74
Construction Materials:

Brick/Stone
Construction Materials Desc:

Block,Steel
Roof:

Flat
Accessibility Features:

Doors 36"+, Accessible Elevator Installed, Hallways 42"+, No Stairs Internal
Levels:

One
Main Level Finished Area:

890.0000
Basement:

None
Basement:

false
Foundation Area:

890
Manufactured Home:

No
Above Grade Finished Area:

890

Interior

Dining Room Description:

Eat In Kitchen
Fireplace:

false
Amenities:

Cable,City View,Kitchen Center Island,Main Floor Primary Bedroom,Panoramic View,Vaulted Ceiling(s)

Room Dimensions

Living Area:

890

Location

Directions:

Lyndale Ave S to Franklin Ave E to 1st Ave S, building is on the southeast corner.
Latitude:

44.962071
Longitude:

-93.275906

The Property

Parcel Number:

3402924120123
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Low Rise
Property Subtype:

Loft
Property Attached:

true
Additional Parcels:

false
Lot Features:

Irregular Lot
Lot Size Units:

Acres
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2454
Tax With Assessments:

2454.0000

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Bath Description:

Main Floor Full Bath
Full Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Cic 1309 Franklin Lofts Condo
Pool Features:

None
Association:

true
Association Amenities:

Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security
Association Name:

Omega Property Management
Association Fee:

559
Association Fee Includes:

Cable TV, Controlled Access, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Snow Removal, Water
Association Fee Frequency:

Monthly
Assessment Pending:

No

Parking

Parking Features:

Assigned, Parking Lot
Parking Open:

1

Monthly cost estimate

Asking price

$239,900

Expense	Monthly cost
Mortgage	$1,284
Taxes	$204
Insurance	$65
HOA fees	$559
Utilities	$113 See report
Total	$2,225/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
8/28/24 Aug 28, 2024	Listed / Active	NORTHSTAR	$239,900
8/22/24 Aug 22, 2024	Coming Soon	NORTHSTAR	$239,900	6.6% (2.8% / YR)
4/14/22 Apr 14, 2022		NORTHSTAR	$225,000	-1.7%

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This condo located in Central Minneapolis, Minneapolis, MN 55404 is currently for sale for $239,900. 111 E Franklin Avenue Unit 316 is a 890 square foot condo with 1 bed and 1 bath that has been on Estately for 74 days. 111 E Franklin Avenue Unit 316 is in the Central Minneapolis neighborhood of Minneapolis and has a WalkScore® of 92, making it a walker’s paradise. This condo is in the attendance area of Whittier International School, Andersen United Community School, and South High School.

Listing Courtesy of: NORTHSTAR and Compass.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.