1015 W LAKE ST, Minneapolis, MN 55408

Building Details

Year Built

2008

Listing office Northmarq - Chicago Show Phone

Listing date Jun 16, 2026

Source Crexi

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Overview

Northmarq is pleased to present the opportunity to acquire a fee simple interest in a Class A, two-tenant retail asset in Minneapolis. The property consists of 6,486 SF and is 100% leased to Verizon and Palm Beach Tan. Designed for storefront retail occupancy, the building is set up to support two distinct tenant spaces within a single retail asset.

The location is positioned along West Lake Street with 17,000+ VPD frontage, providing visibility to passing traffic. The site is also described as highly walkable, with a 98 Walk Score, and offers immediate access to the CBD, I-35, and Minneapolis’ Chain of Lakes. The surrounding area includes more than 2,000 new multifamily units and ongoing mixed-use development, supporting a dense urban retail environment.

For buyers, this is a turnkey, fee simple retail acquisition with existing income from two established tenants already in place. The combination of strong street frontage and walkability can be attractive for tenants seeking consistent everyday consumer access in a well-developed Uptown setting, with convenient connections to major routes and nearby activity along the Chain of Lakes.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

• Map
• Local Demand

City

Minneapolis

County

Anoka

State

Minnesota

Longitude

-93.2928212

Latitude

44.9480675

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FAQs

What type of property is this?

Storefront property - Class A storefront offering 17,000+ VPD frontage and two tenants, Verizon and Palm Beach Tan.

Where is this storefront property located?

The property is located at 1015 W LAKE ST Minneapolis, MN.

What is the asking price?

The asking price for this property is $2,385,000.

What are key features of this property?

This property features: 6,486 SF Class A two‑tenant retail asset built in 2008 at 1015 W Lake Street in Minneapolis, MN; 100% leased to Verizon and Palm Beach Tan; Strong West Lake Street frontage with 17,000+ VPD