Itasca Lofts | 708 N 1st St, Mpls, MN 55401 | North Loop


Itasca Lofts is one of the earlier warehouse conversions in the North Loop and stands out for its historic architecture, exposed brick and timber, high ceilings, and connection to a larger mixed-use building that includes commercial space.
I know this building well, and one of the things that makes Itasca different is the variety of floor plans and the way the residential spaces sit above and around the commercial portion of the property. The hallways themselves retain a lot of historic character, and individual units can vary significantly in layout, natural light, ceiling height, and exposure.
Itasca Lofts is located in the North Loop, close to Washington Avenue, restaurants, coffee shops, Target Field, and the Mississippi River. Buyers comparing Itasca may also want to explore the Minneapolis Condo Guide for other warehouse and loft-style buildings downtown.
Use the listings below to explore current Itasca Lofts condos for sale. If you are considering buying or selling in the building, Schedule a Consultation to talk through current inventory, recent sales, unit differences, financing considerations, and market conditions.
Itasca Lofts For Sale and Lease
- All Listings
- $200,000 - $300,000
- $300,000 - $400,000
- $900,000 - $1,000,000
A Local Guide to Itasca Lofts
Itasca Lofts is one of the North Loop buildings where the historic structure and mixed-use format are a big part of the ownership experience. The building combines residential lofts with commercial space, and that can affect everything from financing to how the property feels day to day.
After years of working throughout the North Loop, I have found that Itasca is especially interesting because individual units can differ substantially in layout, ceiling height, window placement, natural light, and overall loft character.
Historic Warehouse Architecture
Itasca retains many of the features buyers look for in an authentic warehouse conversion, including exposed brick, timber, high ceilings, and open floor plans.
The common hallways also preserve a lot of the historic industrial feel, which gives the building a stronger sense of character than many newer condo developments.
Mixed-Use Building Structure
One of the most important things buyers should understand about Itasca is that the building includes a meaningful commercial component in addition to the residential units.
That can affect financing options, insurance, association structure, and how lenders evaluate the property. Buyers should confirm loan eligibility early rather than assuming every conventional condo program will work.
Floor Plans Can Vary Significantly
Itasca is not a building where every unit follows the same template.
Buyers may find different ceiling heights, window configurations, open loft layouts, bedroom separation, and exposure depending on the unit. That makes in-person evaluation especially important.
Commercial Space and Daily Use
The commercial portion of the building adds another layer to the ownership experience. Depending on the exact location of a unit, buyers may notice differences in activity, street presence, access, and noise.
Some buyers appreciate the mixed-use environment and the convenience it creates, while others may prefer a more purely residential building.
Parking and Storage
Parking and storage arrangements should be reviewed carefully for the specific unit.
In a historic mixed-use building, parking configuration, storage availability, and ease of access can vary and may have a meaningful impact on resale value and everyday convenience.
HOA and Association Considerations
Buyers should review the association documents carefully, including:
- HOA dues and what they include
- Reserve levels
- Recent capital projects
- Special assessments
- Building insurance
- Commercial ownership percentage
- Rental restrictions
- Parking documentation
- Recent association meeting minutes
Financing Considerations
Because Itasca is a mixed-use building, financing can be more specialized than in a traditional residential condo development.
Some buyers may need a portfolio lender or a lender experienced with mixed-use condominium buildings. Loan options can depend on commercial ownership, association structure, insurance, and other building-level factors.
Verifying financing early can help avoid surprises after an offer is accepted.
Itasca Lofts vs. Other North Loop Loft Buildings
Buyers considering Itasca often compare it with buildings such as Tower Lofts, Harvester Lofts, 801 Washington, SO+HO, and Security Warehouse.
Itasca stands out for its early warehouse-conversion history, strong common-area character, varied floor plans, and mixed-use structure. Other buildings may offer different amenities, more conventional financing, balconies, rooftop space, or more standardized layouts.
Itasca Lofts Real Estate FAQ
Is Itasca Lofts a true warehouse conversion?
Yes. Itasca is a historic warehouse conversion and offers exposed brick, timber, high ceilings, and open loft-style floor plans in many units.
Is Itasca a mixed-use building?
Yes. The property includes both residential and commercial space, which can affect financing, insurance, and association structure.
Are Itasca floor plans all the same?
No. Individual units can vary substantially in layout, ceiling height, window placement, natural light, and exposure.
Is financing different at Itasca?
It can be. Some buyers may need a portfolio lender or a lender comfortable with mixed-use condominium properties.
Does Itasca have parking?
Parking arrangements vary by unit. Buyers should confirm what is included with the specific property they are considering.
Can Itasca units be rented?
Rental policies are controlled by the association and may change over time. Buyers should review the current governing documents before purchasing.
Buying or Selling at Itasca Lofts
Itasca Lofts is a building where mixed-use structure, financing, layout, natural light, parking, and association details can all have a meaningful effect on value.
If you are considering buying or selling at Itasca Lofts, Schedule a Consultation to talk through current listings, recent sales, financing considerations, unit differences, and the broader North Loop market.

