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    1402 W Lake St Minneapolis, MN 55408

    For Sale
    $2,100,000

    Historic building in Uptown Minneapolis with versatile commercial spaces.

    Property size:
    16,937 SF
    Lot size:
    0.20 Acres

    Property Features for 1402 W Lake St

    General Information

    Size
    16,937 SF
    Lot size
    0.20 Acres

    Source: SH Commercial Real Estate Services, LLC Agent Jeff Houg

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

    Overview

    Iconic Minneapolis Building For Sale

    This iconic building, situated in Minneapolis, presents an opportunity for investors, developers, and entrepreneurs. The property features versatile commercial spaces. The building also includes a rooftop. The property has a total size of 16937 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2973802
    Latitude
    44.948653

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    FAQs

    What type of property is this?
    Retail space - Historic building in Uptown Minneapolis with versatile commercial spaces.
    Where is this retail space located?
    The property is located at 1402 W Lake St Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Iconic building in Uptown Minneapolis.; - Versatile commercial spaces.; - Rooftop with exceptional views of the Twin Cities.
    (612) 889-2242
    Request Owner's contact information
    1402 W Lake St Minneapolis, MN 55408
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    Minneapolis, MN 55408
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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
    1402 W Lake St Minneapolis, MN 55408
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