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    1600-1616 W Lake St Minneapolis, MN 55408

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    For Lease
    $19 SF/Yr ($1,819 /Mo)

    Flex office, retail, and artistic studio spaces available for lease.

    Property size:
    1,149 SF
    Lot size:
    0.51 Acres

    Property Features for 1600-1616 W Lake St

    General Information

    Size
    1,149 SF
    Lot size
    0.51 Acres

    Source: Coldwell Banker Realty - Minneapolis Agent Michael P Murphy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Space Near Lake Street

    This iconic building, situated two blocks from the lake and its biking and walking paths, offers available lease space suitable for flex office, retail, and creative artistic studio uses. Located on the second level, Suite 100 provides 1,149 square feet of space with an open floor plan and ample natural daylight. Suite 120 offers 868 square feet, also featuring an open floor plan, good natural daylight, and a private restroom. Both spaces boast tall ceilings, creating a brick and beam loft-style environment. Current co-tenants in the building include Barbette restaurant, James and Irving Salon, and Restore Yourself to Health. This location provides staff and visitors with numerous options for lunch, dinner, and shopping, and is easily accessible via public transportation, car, bike, or walking.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.3024003
    Latitude
    44.9486525

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    FAQs

    What type of property is this?
    Office space - Flex office, retail, and artistic studio spaces available for lease.
    Where is this office space located?
    The property is located at 1600-1616 W Lake St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: Enjoy being just two blocks from the lake and its biking/walking paths.; - Flexible space: Suitable for office, retail, or artistic studio use.; - Natural light: Both suites (100 & 120) offer good natural daylight.
    (612) 270-8729
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600-1616 W Lake St Minneapolis, MN 55408
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