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Marcia McLean
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(608) 781-1100
Mobile Phone:
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marciamclean.com
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MINNEAPOLIS: CENTRAL NEIGHBORHOODS


DOWNTOWN EAST:

Located in the heart of the city, this neighborhood is bound in the north by the Mississippi River, in the west by Portland Avenue South, in the east by Interstate 35W and in the south by Fifth Street South.  Learn a thing or two about Minneapolis’ rich flour milling history and tour the Mill City Museum, built in to the ruins of the Washburn A Mill, or have dinner and take in a play at the iconic Guthrie Theater. Locals highly enjoy purchasing fresh produce at the nearby Mill City Farmers’ Market, walking or running along the riverfront and Gold Medal Park or crossing the Stone Arch Bridge to St. Anthony Main. The light rail station and new Viking stadium (due to open 2016) are just three blocks away.

In this neighborhood, also known as the Mill District, you’ll find a really neat mix of flour mills converted into unique condos and lofts, swanky new condos and rental buildings. With prices starting at $250,000 and going up to $3,000,000, some of the priciest real estate in downtown, can be found here.

Average Sale Price of a Condo or Loft in Downtown East: $549,000

Public Schools: Minneapolis Public School District

DOWNTOWN WEST:

Minneapolis’ central business district, home to multiple Fortune 500 companies and hotels. The skyway system is popular with locals during Minnesota winters, as it connects businesses, allowing people to travel from Point A to Point B from the comforts of heated, encased glass bridges.  Nicollet Mall – for pedestrians only - runs south from Washington and is resplendent with jazz clubs, pubs, hip restaurants and food trucks, making it popular among the city’s gastrophiles. For all of you music lovers, enjoy an evening at the Minnesota Orchestra. Its 98-member orchestra has been wowing audiences since its inception in 1903. The recently-opened Cowles Center for Dance and the Performing Arts is nearby showcasing the city’s rich dance talent. The area is home to FAIR School, a K-12 fine arts public school with two campuses.

The majority of housing in this neighborhood was built prior to 1990 and is primarily condo style living. Residents love the ability to easily walk to work and all of the nightlife along Nicollet Mall or the North Loop warehouse districts.

Average Sale Price of a Condo or Loft in Downtown West: $304,000

Public Schools: Minneapolis Public School District

NORTH LOOP and SUMNER-GLENWOOD:

These two eclectic neighborhoods make the northern part of the loop that encircles Minneapolis’ downtown. The North Loop offers one-of-a kind retailers, cozy coffee shops, fun restaurants, and lively nightclubs all nestled within the original warehouses of the North Loop’s heyday - consequently, the neighborhood is often referred to as the Warehouse District. The North Loop is served by the light rail and numerous bus routes. Target Field (home of the Minnesota Twins), the Federal Bank Reserve of Minneapolis, the Minneapolis Farmers’ Market and Metro Transit’s headquarters are nearby.  Sumner-Glenwood Neighborhood has a converted condo building called International Market Square (IMS) which was originally the headquarters and manufacturing facility for Munsingwear undergarments. Now, IMS is a showplace for home, office, and commercial furnishings and its primary function is to serve professional designers, architects, contractors, builders, and their clients. IMS also contains 97 renovated lofts and condos, each one unique and true to the original building structure.

Renovated historic warehouses, new construction lofts and rental units are the area’s predominant residential structures.

Average Sale Price of a Condo or Loft in North Loop/Sumner-Glenwood: $327,000

Public Schools: Minneapolis Public School District

ELLIOT PARK:

Just south of downtown, sections of Elliot Park were platted as early as 1856, making it one of the oldest neighborhoods in Minneapolis. In 1893, the neighborhood gained its most prominent landmark when Dr. Joseph Elliot, an area physician, donated his farmland to the city - this land is now Elliot Park, one of the city’s oldest parks. By the 1890s the rapid growth of downtown, and the fact that Elliot Park was the only downtown neighborhood with its own park, made it a fashionable area to live in. Ornate mansions quickly popped up and many have been converted into multi-family dwellings today, still maintaining their turn-of-the-century charm. The area is one of the most racially and culturally diverse populations in the city and is home to Hennepin County Medical Center and North Central University.

Although small, you’ll find a mix of housing in Elliot Park: rentals (East Village), Grant Park (new construction condos and town houses), Skyscape (new condos), Lenox Flats and the Sexton (converted condos).

Average Sale Price of a Condo in Elliot Park: $242,000

Average Sale Price of a Townhouse in Elliot Park: $485,000

Public Schools: Minneapolis Public School District

LORING PARK:

Located in the southwest corner of downtown Minneapolis, this neighborhood is a bicyclist and pedestrian paradise with easy access to bike trails, a 15 minute walk to the downtown and uptown areas, has excellent public transportation, and lots of green space. The neighborhood is tucked in to the southwest corner of downtown and offers easy access to Highways 94, 394 and 35W.The area is home to six of the city’s largest and most historic churches, including the Basilica of St. Mary. For art aficionados, the Minneapolis Institute of Arts, the Walker Art Center, and the Sculpture Garden are within walking distance. In the summer months, the neighborhood comes alive with numerous film festivals, concerts, and art fairs. Turn-of-the-century brick walk-up buildings dot the neighborhood.

Loring Park has a mix of brand new housing built after 2003 (rentals and condos) and a number of condos/townhouses mostly built in the 1970s or 1980s.

Average Sale Price of a Condo in Loring Park: $226,000

Average Sale Price of a Townhouse in Loring Park: $550,000

Public Schools: Minneapolis Public School District