1201-1211 Lagoon Ave, Minneapolis, MN

Listing agent Edward (Ted) J LaFave Show Phone

Listing office Grand Real Estate Advisors Show Phone

Listing date Nov 23, 2025

Source Moodyscre

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Overview

This street-level storefront opportunity is located in the Lumen Building, a luxury mixed-use development featuring street-level retail and four floors of residential condominiums. The space is cannabis-ready and approved by the landlord, city, and association. Spaces can be combined for a total of 3,130 square feet. The 2025 Tax/CAM is estimated at $10.10 per square foot. Base rent is negotiable, and competitive Tenant Improvement packages and free rent are available. Parking is available in a covered ramp across the street, with ample stalls available at a negotiable cost. The location features a dense urban population and affluent demographics and is minutes away from the Minneapolis CBD. The property size is 2,014 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

Location Insight

• Map
• Local Demand

City

Minneapolis

County

Anoka

State

Minnesota

Longitude

-93.2948

Latitude

44.9489

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FAQs

What type of property is this?

Retail space - Street-level retail space in a luxury mixed-use development.

Where is this retail space located?

The property is located at 1201-1211 Lagoon Ave Minneapolis, MN.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Cannabis ready and approved by landlord, city, and association.; Street level storefront in luxury mixed‑use Lumen Building.; Spaces can be combined for a total of 3,130 SF.