Washburn Lofts — Minneapolis Waterfront Condos for Sale

HOA fees at Washburn Lofts typically range from $450 – $1,200/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.

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. Downtown jobs, the riverfront, and stadiums are within a short walk. Contact The PRO Team for current listings and a personalized commute analysis based on your specific workplace.

Living at Washburn Lofts means converted to lofts in 2001–2002 from the historic 1914 Washburn-Crosby utility building (home of the original Betty Crocker test kitchens), Washburn Lofts offers true timber-and-brick character with river views in the heart of the Mill District.. Washburn Lofts is ideal for discerning buyers who want the very best — waterfront access, premium amenities, and a Minneapolis address that holds its value. 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.

Washburn Lofts spans $350K – $1.3M+ across all unit types. 1 Bedroom: $350K – $500K, 2 Bedroom: $500K – $950K, 3 Bedroom / Penthouse: $950K – $1.3M. Entry-level units start around $350K. HOA fees add $450 – $1,200/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.

Washburn Lofts offers 3 unit configurations: 1 Bedroom (900 – 1,300 sq ft, $350K – $500K); 2 Bedroom (1,300 – 2,200 sq ft, $500K – $950K); 3 Bedroom / Penthouse (2,200 – 3,200 sq ft, $950K – $1.3M). The building has 75 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. Washburn 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.

Washburn Lofts features Historic timber-and-brick architecture, Rooftop deck with river and skyline views, Fitness room, Secured entry, Heated 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.

Washburn 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. Washburn Lofts is ideal for discerning buyers who want the very best — waterfront access, premium amenities, and a Minneapolis address that holds its value. The PRO Team works frequently with downsizers, frequent travelers, and second-home buyers seeking exactly this type of building — we can evaluate whether Washburn Lofts is the right match for your ownership goals.

Whether Washburn 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.