Name: Steelman Exchange Garage – 241 N 5th Ave, Minneapolis, MN 55401, Minnesota
Address: 241 N 5th Ave, Minneapolis, MN 55401, Minneapolis, Minnesota, 55401, US
Telephone: 612-371-0938
Price range: $7

About this Location

Overview & Suitability

The parking facility located at 241 N 5th Ave, known as the Steelman Exchange Garage, is a professional-grade indoor parking structure serving the North Loop neighborhood of Minneapolis. This facility provides six levels of interior parking, primarily designed for standard passenger vehicles. It is an ideal option for office commuters, local business visitors, and those attending events in the vibrant Warehouse District.

Access, Dimensions & Clearance

The garage offers straightforward access to the downtown area. While specific height clearance details for this facility should be verified on-site or via the parking app at the time of entry, it is designed for standard vehicle sizes. Drivers should be mindful of urban driving conditions in the North Loop area and ensure their license plate information is current if utilizing pre-booked digital passes.

Parking Rates, Tariffs & Booking

Parking at the Steelman Exchange can be managed through various digital platforms, including SpotHero and Parking.com. Prices vary based on duration (hourly vs. daily) and demand, particularly during event days at nearby stadiums or music venues. Pre-booking through official partner apps is highly recommended to guarantee a space and secure competitive rates compared to drive-up pricing.

Security & Amenities

As a modern, multi-level indoor garage, the facility features controlled access and a secure environment for your vehicle. It offers a clean, protected parking experience away from the elements. Please note that the facility is integrated into a larger commercial property that includes office spaces, a fitness center, and a rooftop lounge, ensuring a professional and well-maintained atmosphere.

Strategic Alternative

This location serves as a premier strategic alternative for those visiting major downtown attractions. Its proximity makes it a convenient choice for:

Music venues and nightlife in the North Loop/Warehouse District.
Commuters working in the immediate 5th Avenue business corridor.
Visitors seeking an indoor, secure alternative to street parking when attending events in the heart of Minneapolis.

Event & Venue Access: Traveling for an event? Check out full guide and rates for parking near Brave New Workshop.

📱 One-Tap Navigation & Directions

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Driver Guidance & Nearby Highlights

Access specs, clearance heights & walking distance to local destinations

Verified Intel

Know Before You Go

Max Vehicle Clearance Height Limit

7' 0" (2.13m)

Standard clearance suitable for most SUVs, but vehicles with roof racks or cargo carriers should check overhead clearance before entering.

Access Mechanism

Barrier Ticket at Entry

Payment Accepted

Credit Card, Debit Card

Highway / Interstate Access

Exit 9C (0.4 mi)

Neighbourhood at a Glance 25 venues

7 Hotels

6 Transits

4 Theatres

2 Parks

1 Gallery

Closest 4 min walk

Furthest 13 min walk

This car park sits within a 13-minute walk of 25 local venues, including Target Field and Orpheum Theatre. Ideal for visitors to the area's hotel scene.