Park Avenue Lofts — Minneapolis Luxury Condos in Mill District

HOA fees at Park Avenue Lofts typically range from $600 – $1,300/mo depending on unit size. Fees cover water, sewer, and trash, building insurance (structure and common areas), exterior and common area maintenance with reserves, heat and/or central systems (verify per unit), and more. Always verify the most current fees and reserve fund health with The PRO Team before placing an offer.

Pet-friendly with restrictions — confirm current breed, weight, and number limits with the HOA before purchasing.

Located in the Mill District / Downtown East, with quick access to downtown jobs, the riverfront, and stadiums. Walkable to the downtown Minneapolis core via skyways and street level, with Metro Transit light rail (Green and Blue Lines) connecting to MSP Airport and Mall of America. I-35W and I-94 are minutes away. Contact The PRO Team for current listings and a personalized commute analysis based on your specific workplace.

Park Avenue Lofts is known for award-winning Julie Snow-designed boutique of just 24 contemporary lofts in the Mill District — floor-to-ceiling glass, private terraces, and a design-forward aesthetic. Park Avenue Lofts attracts buyers who value architectural character, open layouts, and authentic loft living in Minneapolis. 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.

Park Avenue Lofts spans $500K – $1.3M across all unit types. 2 Bedroom: $500K – $900K, Penthouse: $900K – $1.3M. Entry-level units start around $500K. HOA fees add $600 – $1,300/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.

Park Avenue Lofts offers 2 unit configurations: 2 Bedroom (1,500 – 2,200 sq ft, $500K – $900K); Penthouse (2,200 – 3,000 sq ft, $900K – $1.3M). The building has 24 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.

Confirm current rental cap, lease minimums, and any waitlist with the HOA before purchasing as an investment. Park Avenue Lofts 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.

Park Avenue Lofts features Julie Snow-designed contemporary loft building, Floor-to-ceiling glass and open plans, Private terraces and balconies, Secured entry, Heated underground parking 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.

Park Avenue Lofts is one of the Minneapolis market's strongest options for buyers prioritizing simplified ownership. The HOA covers Building insurance (structure and common areas) and Exterior and common area maintenance with reserves, eliminating typical homeowner maintenance responsibilities. Park Avenue Lofts attracts buyers who value architectural character, open layouts, and authentic loft living in Minneapolis. The PRO Team works frequently with downsizers, frequent travelers, and second-home buyers seeking exactly this type of building — we can evaluate whether Park Avenue Lofts is the right match for your ownership goals.

Whether Park Avenue Lofts fits your plans depends on the specific unit and your intended use. Review current HOA financial information, reserve funding, rental restrictions, lease requirements, insurance, fees, assessments, and lending requirements before proceeding. If renting is important, confirm the current policy and any cap directly with the association; policies and availability can change.