12.00 Blue Nile Restaurant & Lounge is located at 2027 E Franklin Ave, Minneapolis, MN 55404. Call Us  612-338-3000. Restaurant, cocktail Bar, Ethopian Restaurant, Lounge. The Blue Nile Restaurant & Lounge has two levels for music of all kinds, a full bar featuring fine wine, an array of unique cocktails, and an acclaimed wine list with local brews and classics from around the world. We also have acclaimed Ethiopian and Vegetarian cuisine. Welcome to the Blue Nile, where a world of experience awaits you! Opens everyday at 4:00 pm - 2:00 am.