Centre Village — Downtown Minneapolis Condos with Skyway Access
Downtown Minneapolis's most centrally located skyway-connected condo tower
Centre Village — Building Overview
Centre Village is a well-established 26-story condominium tower in the heart of downtown Minneapolis, offering one of the city's most convenient urban living environments. Located at 7th Street and 5th Avenue South in the Elliot Park area, the building's skyway connection provides weather-protected walking access to hundreds of downtown destinations — restaurants, offices, Target, shopping, and entertainment venues — without ever stepping outside.
Built in 1986, Centre Village has benefited from decades of consistent professional management and a well-funded reserve. Its central location and accessible price points make it one of downtown Minneapolis's most liquid condo buildings — a key consideration for buyers who value both lifestyle and long-term resale flexibility.
Residences & Pricing
| Unit Type | Square Footage | Price Range |
|---|---|---|
| Studio | 550 – 700 sq ft | $180K – $250K |
| 1 Bedroom | 700 – 950 sq ft | $220K – $360K |
| 2 Bedroom | 950 – 1,400 sq ft | $340K – $520K |
Price ranges are approximate and based on recent market activity. Contact The PRO Team for current inventory and active listings.
Source: MLS sales, association documents & public records · Reviewed Q2 2026 · Data sources & methodology
Market Value & Price Analysis
Condo pricing in this building varies significantly by floor, view corridor, and unit configuration. Contact The PRO Team for a current comparative market analysis before making any offer.
HOA & Association Overview
Centre Village is professionally managed with consistent financials and a healthy reserve fund — one of the key indicators The PRO Team looks for when advising condo buyers.
PRO Team Due Diligence: We review HOA financials, reserve fund health, pending assessments, and meeting minutes on every condo purchase. Ask us before you make an offer — a poorly funded reserve can cost you far more than the purchase price suggests.
What Centre Village Offers Residents
The building's association fee covers these services — a key factor when comparing the true value of ownership here vs. alternatives:
The PRO Team evaluates reserve fund health and HOA governance on every purchase — not just the monthly fee amount.
Parking, Storage & Policies
Secured parking available in connected structure. Parking is typically not included in purchase price at this price point — negotiate separately.
Storage units available for lease in the building.
Pet & Rental Policies
Pets allowed with restrictions. Confirm current breed, weight, and quantity limits with the association.
Rentals permitted subject to rental cap availability. Centre Village is popular with investors due to its downtown location and consistent rental demand. Confirm current cap status with HOA.
Condo association policies are subject to change. The PRO Team verifies current pet rules, rental caps, and lease minimums for every buyer before closing. Never assume — ask us first.
Local Dining, Parks & Shopping
Neighborhood Context
Commute & Accessibility
Centre Village's location at 7th Street and 5th Avenue South places it within easy reach of the downtown core and transit. Green and Blue Line light rail stations are within a 5-minute walk. All major Minneapolis employers are accessible via skyway or light rail without a car.
Schools Serving This Area
Downtown location. Charter and private schools available throughout Minneapolis.
School district boundaries in the Twin Cities west metro don't always follow city lines. The PRO Team verifies exact school assignment for every property — contact us before assuming any address feeds into a specific school.
Is Centre Village Right for You?
Centre Village is ideal for first-time condo buyers, young professionals, and buyers seeking the most accessible entry point into downtown Minneapolis ownership. Its skyway connection is unmatched for buyers who work in the downtown core.
The PRO Team brings building-specific knowledge, HOA reserve analysis, and negotiation expertise to every condo transaction — so you buy with full confidence.
Selling in This Building — The PRO Team Approach
Centre Village's accessible price point and central downtown location create broad buyer demand. The PRO Team's experience with downtown Minneapolis condos enables precise pricing strategy and efficient marketing to the right buyer pool.
Selling a condo in this building requires building-specific marketing — not just an MLS entry. The PRO Team's approach:
What Buyers Ask About Centre Village
Is Centre Village a good value compared to other downtown Minneapolis condos?
Centre Village offers one of the lowest entry points for skyway-connected downtown condo ownership in Minneapolis. Its central location and established management make it a consistently liquid resale asset, which is particularly important for buyers who may want flexibility in 3-5 years.
Does Centre Village allow pets?
Yes, with restrictions. Centre Village is pet-friendly, but breed and weight limits apply. Confirm the most current pet policy with the association before purchasing if pets are a priority.
What can I expect living at Centre Village in Minneapolis?
Centre Village is known for downtown Minneapolis's most centrally located skyway-connected condo tower. Centre Village is ideal for first-time condo buyers, young professionals, and buyers seeking the most accessible entry point into downtown Minneapolis ownership. The PRO Team can connect you with current or former residents and walk you through what day-to-day life looks like for buyers at this price point.
How much do condos cost at Centre Village?
Centre Village spans $180K – $520K across all unit types. Studio: $180K – $250K, 1 Bedroom: $220K – $360K, 2 Bedroom: $340K – $520K. Entry-level units start around $180K. HOA fees add $400 – $850/mo per month to the total cost of ownership — an important factor to include when budgeting. The PRO Team can provide a current inventory snapshot at any price point.
What floor plans can I choose from at Centre Village?
Centre Village offers 3 unit configurations: Studio (550 – 700 sq ft, $180K – $250K); 1 Bedroom (700 – 950 sq ft, $220K – $360K); 2 Bedroom (950 – 1,400 sq ft, $340K – $520K). The building has 235 total residences. Floor, view, and finish level affect pricing within each type. The PRO Team can walk you through current availability and which configuration delivers the best value for your needs.
How much are monthly HOA dues at Centre Village?
HOA fees at Centre Village typically range from $400 – $850/mo. Centre Village is professionally managed with consistent financials and a healthy reserve fund — one of the key indicators The PRO Team looks for when advising condo buyers. Fees cover Water, sewer, and trash, Building insurance, Skyway maintenance and access and 3 more services. The PRO Team always reviews the HOA's reserve fund status and financial health before recommending any offer — the monthly amount matters, but so does what the building has saved for major repairs.
Is Centre Village investment-friendly for rental use?
Rentals permitted subject to rental cap availability. Centre Village is popular with investors due to its downtown location and consistent rental demand. Confirm current cap status with HOA. Centre Village has a rental cap, which limits the percentage of units that can be leased at any time. Rental cap status directly affects your financing options and future resale — some lenders won't approve loans in buildings where rental concentration exceeds thresholds. The PRO Team checks current rental availability and cap status as a standard part of our buyer due diligence.
Does Centre Village have a pool, gym, or rooftop?
Centre Village features Direct skyway connection to downtown Minneapolis skyway system, Fitness center, Community room, 24-hour security and front desk, Package lockers and 1 additional amenities. Access to these amenities is included in the monthly HOA fee. The PRO Team can walk you through which amenities are most relevant for your lifestyle and how this building's amenity level compares to similar properties in the Minneapolis market.
Does Centre Village support a maintenance-free lifestyle?
Centre Village is one of the Minneapolis market's strongest options for buyers prioritizing simplified ownership. The HOA covers Building insurance and Skyway maintenance and access, eliminating typical homeowner maintenance responsibilities. Centre Village is ideal for first-time condo buyers, young professionals, and buyers seeking the most accessible entry point into downtown Minneapolis ownership. The PRO Team works frequently with downsizers, frequent travelers, and second-home buyers seeking exactly this type of building — we can evaluate whether Centre Village is the right match for your ownership goals.
What makes Centre Village different from other condos in Minneapolis?
Centre Village occupies a specific position in the Minneapolis market based on its style, amenities, and price point. The right building depends entirely on your priorities — some buyers prioritize views, others HOA stability, others lifestyle amenities or walkability. The PRO Team has advised buyers across all comparable buildings in this market and can give you an honest side-by-side evaluation based on your specific needs.
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The PRO Team is a top-producing team at RE/MAX RESULTS, one of the top RE/MAX offices in the world. West metro condo specialists.
Be First in Line at Centre Village
The best units at Centre Village go under contract in days. The PRO Team will set up personalized listing alerts so you're the first buyer to know — and first in the door — when a unit hits the market.
Thinking About Centre Village?
The PRO Team helps buyers evaluate Centre Village, including HOA financials, floor plans, parking options, and what to review before making an offer.
- HOA financial review included
- Building-specific market data
- No-pressure consultations
Get Expert Guidance
The PRO Team at RE/MAX RESULTS — typically responds within one business day.
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What's Your Centre Village Condo Worth?
Condo values at Centre Village vary significantly by floor, view, unit size, and upgrades. The PRO Team delivers free, building-specific valuations based on actual recent sales — not guesswork.
- No-obligation valuation
- Unit-specific pricing strategy
- Targeted buyer marketing plan
Get My Free Valuation
The PRO Team at RE/MAX RESULTS — responds within one business day.