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1502 Laurel Ave W, Minneapolis, MN 55403

RD
MN MN40961803
Kiser Group
Kiser Group
Listed by Kiser Group
Unpriced
14 days on market
Updated 14 days ago

Bowler Lofts

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 90,156
Units 66
Year Built 1893
Year Renovated 2021

Multifamily | 66 Units

Marketing description

Bowler Lofts offers the opportunity to acquire a fully stabilized, 66-unit historic apartment community in a highly walkable Minneapolis location. Originally built in 1893 and renovated in 2021, the property blends classic architectural character with modern interior finishes, featuring high ceilings, large windows, quartz countertops, stainless steel appliances, and updated fixtures.

The unit mix consists of studios and one-bedroom apartments averaging 594 square feet, with strong in-place rents and full occupancy. Residents benefit from curated amenities including a lounge and coffee bar, dog run and pet wash, bike storage, controlled access, and package management.

Situated near downtown Minneapolis, the property provides immediate access to major employment centers, public transit, dining, parks, and entertainment—positioning Bowler Lofts as a high-demand rental asset in a supply-constrained urban submarket.

Loring Park is one of Minneapolis’s largest and most vibrant urban parks, anchored by a central lake, walking and biking trails, and year-round recreational amenities. The neighborhood hosts major annual events such as Twin Cities Pride, the Loring Park Art Fair, and Holidazzle, while offering immediate access to dining, entertainment, and cultural attractions.

Adjacent highlights include the Walker Art Center and Minneapolis Sculpture Garden—home to the iconic Spoonbridge and Cherry—as well as the historic Basilica of St. Mary. The area features a strong mix of trendy restaurants, green space, and community-focused amenities.

Located just southwest of the Downtown Minneapolis Central Business District, the property benefits from proximity to over 160,000 jobs and major employers including Target, Wells Fargo, and U.S. Bancorp. Residents enjoy convenient access to the METRO Blue and Green Lines, major sports venues, the Theater District, and the Mississippi riverfront.

Investment highlights

  • 66-unit fully stabilized historic apartment community
  • Originally built 1893, renovated 2021
  • Studio and one-bedroom unit mix
  • High ceilings, large windows, modern finishes
  • Strong in-place rents, full occupancy
  • Walkable location near downtown Minneapolis
  • Access to transit, dining, parks, employers

Listing Contacts

RD
MN MN40961803
Kiser Group
Kiser Group
Listed by Kiser Group

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Additional Information

Name
Robert Dulin
License
MN40961803
Brokerage
Kiser Group
Title
Managing Broker (MN)
Brokerage Address
200 Southdale Center
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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