Notable as Minneapolis’ first all-glass condominiums, Cobalt’s sleek contemporary façade contrasts beautifully with the old world charm and walkability of its historic riverfront neighborhood. Located directly above and upscale Lunds & Byerlys grocery & Caribou Coffe, you will simply not find a more convenient urban condo development. Features include floor-to-ceiling windows, modern interiors & finishes, and private outdoor spaces. Units along University Avenue enjoy exceptional views of Chute Square and the downtown skyline. The building has a full gym, conference room, on-site office, resident caretaker, and private-lobby access to the grocery on the main floor. Enjoy amazing walkability in this fabulous European-style riverfront neighborhood — just steps from the riverfront, Stone Arch Bridge, historic Main Street, and some of the city’s best restaurants, bars, and shopping along East Hennepin Avenue.
WORTH NOTING: Verve Realty was part of Cobalt’s development team and sold every unit. We know this building inside and out.
$275,000 – $3,000,000
744 – 3,000sf
1BR (38) | 1+Den (4) | 2BR (35) | 2BR+Den (1) | 3BR (11) | Penthouses (3)
Yes – We have all the unit floor plans available
Yes – We have the condo governing documents available
45 University Ave SE, Minneapolis, MN 55414
Concrete – Pre-Cast Set-In-Place Columns and Flooring Slabs
Height: 9′ 3″ | Finish: painted concrete slab
2 Cabled Elevators – one is extra large for moving
Lunds & Byerly’s Grocery / Caribou Coffee / St. Croix Dry Cleaners / Cost Cutters / Chuck & Don’s Pet Food
All units have one storage unit (licensed) located on lobby level. Most are 4’x6′ and a few are larger
Baseboard radiant heat on perimeter window walls supplied by central boiler.
Forced air from soffit-level supply via in-unit fan coil supplied by central chiller.
Developer: Exeter Realty | Architect: Pope Associates | Builder: McGough Construction
• Hardwood floors
• Floor-to-ceiling windows
• Mecho® Shades in all rooms
• 4’x 6′ Storage Units (lobby level)
• All units have balconies or terraces
• 8′ solid-core doors throughout
• All units are one-level
• Exercise Room (2nd Floor)
• Conference Room (2nd Floor)
• Car Wash (Garage)
• Bike Racks (Garage)
• On-Site Manager (Lobby)
• On-Site Resident Caretaker
• Private lobby access to grocery
• Active Social Committee
Parking General Info:
Heated & assigned stalls in one level of underground parking below 1st floor.
Stalls are separately titled, deeded, and PID’d and pays taxes and condo dues separate from the unit.
5 Stalls located in underground garage. Access for guests is via phone entry system.
Monthly HOA Dues (2019):
.50¢ per square foot (multiply by unit square footage for monthly dues)
NOTE: Calculated annually from MLS listings / varies depending on # of parking stalls, special assessments, etc.
• Air Conditioning
• Basic Cable/Internet
• Exterior Window Washing
• Exterior Maintenance
• Hazard Insurance
• Professional Management
• On-Site Manager
• On-Site Resident Caretaker
YES / (612) 331-3848
Rentals Permitted | Minimum 12-mo lease | Policies may change – see agent for current status
Dogs & Cats Permitted | Number: 2 aggregate | Height/Weight: no limit | Breeds: no limit | see agent for current status
Located across the river from Downtown, Old Town is actually one of the oldest neighborhoods in the city and it maintains that unique old-world flavor to this day. In the last decade the neighborhood has seen dramatic change and is now considered one of the trendiest & exciting places in Minneapolis to eat, shop, and live.
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