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For Sale:  Minneapolis MLS# 7165358

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Active NEW!
$375,000
/mo Edit
Condo/Townhome:  High Rise (4+ Levels)
1 br • 1 ba • Built 2006
1,295 sqft • 1.02 acres
Minneapolis schools
MLS# 7165358
612-280-6164
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    Property Description

    Historic Character Meets Modern Loft Living at IMS Lofts. Experience the perfect blend of historic charm and modern urban living at the sought-after IMS Lofts. Originally home to the Northwestern Knitting Company/Munsingwear textile factory, this beautifully converted Classic Revival building showcases distinctive architectural character alongside contemporary comfort. This exceptional one-bedroom plus den, one-bath residence features one of the building’s most desirable layouts, offering the feel of a spacious one-bedroom with a dedicated office and the easy convertibility to suit your lifestyle. Soaring ceilings, exposed brick, original factory maple hardwood floors, and expansive walls of windows create an authentic loft atmosphere filled with character and natural light. Enjoy panoramic sunset views, with Target Field as a standout feature, from your spacious deck. The generously sized primary bedroom features an impressive walk-in closet, providing exceptional storage. Thoughtful updates enhance the home’s appeal, including a refreshed bathroom with new lighting and mirror, upgraded stainless steel appliances, and updated lighting. Additional highlights include one underground garage parking space, and a large storage locker. Move-in ready and rich in character, this distinctive loft offers a rare opportunity to enjoy historic architecture, flexible living space, and spectacular panoramic sunset views in one of Minneapolis’s most memorable loft buildings.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $375,000
    Price per sq ft: $290
    Property Type: Condo/Townhome
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 2006
    State: MN
    Property Style: High Rise (4+ Levels)
    Zip Code: 55405
    Neighborhood/Area: 75
    Subdivision Name: The Lofts At IMS

    Interior

    Bedrooms: 1
    Bathrooms: 1
    Finished Area: 1,295 ft2
    Total Fireplaces: 0
    Living Area: 1,295 ft2
    Common Wall: Yes
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • Exhaust Fan
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 1
    Air Conditioning: Central Air
    Foundation Size: 1,295 ft2
    Fencing: None
    Handicap Accessible: Accessible Elevator Installed, Hallways 42"+, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    • Radiant
    Parking Features:
    • Attached Garage
    • Garage Door Opener
    • Guest Parking
    • More Parking Onsite for Fee
    • Parking Garage
    • Secured
    • Underground
    Shared Amenities:
    • Car Wash
    • Concrete Floors & Walls
    • Elevator(s)
    • Fire Sprinkler System
    • In-Ground Sprinkler System
    • Lobby Entrance
    • Security Building
    • Security Lighting
    Unit Amenities:
    • City View
    • Deck
    • Hardwood Floors
    • Indoor Sprinklers
    • Kitchen Center Island
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Panoramic View
    • Primary Bedroom Walk-In Closet
    • Security System
    • Tile Floors
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Concrete
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Tar/Gravel

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Bathroom Ensuite
    • Main Floor Full Bath
    • Walk Thru
    Dining/Kitchen:
    • Breakfast Area
    • Kitchen/Dining Room
    Laundry:
    • In Unit
    • Laundry Closet

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 1.02
    Geolocation: 44.981219, -93.288922
    Lot Dimensions: Common
    Zoning: Residential-Single Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium
    • Underground Utilities

    Schools

    School District: 1
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,470
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,470
    Association Fee Required: Yes
    Association Fee: $873
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Air Conditioning
    • Building Exterior
    • Controlled Access
    • Gas
    • Hazard Insurance
    • Heating
    • Internet
    • Lawn Care
    • Maintenance Grounds
    • Parking
    • Professional Mgmt
    • Sanitation
    • Security Staff
    • Security System
    Association Company: Cities Management
    Association Company Number: 7632256400

    Units

    Unit Number: 502

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.