Skip to main content

The downtown Minneapolis condo owned by a member of one of Minnesota's wealthiest families has hit the market.

The penthouse condo at the Washburn Lofts at 700 S. 2nd St., next to the Mill City Museum in Minneapolis' Warehouse District, has been put back up for sale at a price of $6.995 million.

As well as a sprawling 4,370-square-feet of living space, the condo has arguably some of the finest views in Minneapolis, with vistas over the Stone Arch Bridge, the Mississippi River, and downtown Minneapolis, with the famous Gold Medal Flour sign among the neighbors.

Such views can be enjoyed from the 3,000-square-foot-plus terrace, which includes an outdoor kitchen.

The listing agent is Jeff Dewing of Coldwell Banker, who told Bring Me The News: "It’s the most breathtaking penthouse/condo offering I’ve ever seen."

Dewing did not wish to reveal the name of the seller out of respect for his client's privacy.

It has been reported however by a few outlets in the Twin Cities – and we can confirm via county property records – that the owner is Bob Pohlad, the former CEO of PepsiAmericas and brother of Twins owner Jim, who is now responsible for the oversight of various Pohlad Companies subsidiaries.

While the listing price is prohibitive to all but a select few, Dewing says that the condo appeals to a "broad buyer demographic" owing to "all the indoor and outdoor spaces and amenities, as well as premier location near Gold Medal Park, restaurants, the Guthrie Theater and all Mill City has to offer."

Buying or selling? Find a realtor using the BMTN Directory

In terms of the loft's best features, Dewing says: "In addition to the outdoor space, it’s the flip of a coin between the gourmet kitchen with French doors that open to the outdoor dining room, and the library that offers walls of windows looking out to the river and Stone Arch Bridge."

He also revealed that the current owners have undertaken a "high-end remodel and thoughtful interior design," which he says culminates in "the perfect penthouse."

Next Up

Redtail Ridge Elementary

Sunbather on the roof triggers shelter-in-place at Savage elementary school

The sunbather told police he was trying to "tan and relax."


The Raptor Center's ambassador, Nero the turkey vulture, dies at 47

Nero helped save the California condors before taking up his post as an education ambassador.

Ben Leber

Ben Leber named new permanent co-host of 'Twin Cities Live'

The former Minnesota Vikings linebacker was introduced Friday afternoon.


APM Reports, maker of 'In the Dark' podcast, nixed by Minnesota Public Radio

MPR said "select programming elements" of APM Reports will be incorporated into MPR News.

storm, severe

The latest on holiday weekend severe weather chances for MN

The most significant severe threats are Sunday night and again on Monday.

Arianna Vos

Charges: Driver was drunk, high in head-on crash that killed 19-year-old woman

The young woman killed in the crash was a college student studying zoology.


Motorcyclist killed in Ham Lake after passing in the turn lane

The motorcyclist was hit by a car turning onto the road.

Keith Ellison

Minnesota gets cut of Ford settlement over misleading ads

The $19.2 million settlement centers on Ford's C-Max hybrid and Super Duty pickup truck.


Home 1

Gallery: Acclaimed home with views of Lake of the Isles hits market

The home was named an ASID Home of the Year in 2010.

Milwaukee Ave

Gallery: Rare opportunity to own a home on historic Milwaukee Avenue

All the houses on the avenue front onto a pedestrian mall in south Minneapolis.


Gallery: Home in exclusive Edina cul de sac on market for $1.8M

The stunning 6,000-square-foot home is on a 1-acre plot in an Edina cul-de-sac.

Home 1

Gallery: $5.1M artist hideaway with 67 acres, Lenny Kravitz door handles

The stunning home is surrounded by virgin forest land, and comes with 1.5 miles of Itasca County shoreline.

House sale keys door

High prices, stiff competition putting off homebuyers in Twin Cities

Prices continue to rise in the metro, but there are signs of buyer fatigue.