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Furnished Standalone Office Building
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4009 Lake St E, Minneapolis, MN 55406

Standalone two-floor furnished office includes fixed workstations, conference room, and private offices with ADA accessibility.

Property Size2,640 SF
Days on Market674

Property Features for 4009 Lake St E

General Information

Standard status Active
Size 2,640 SF
Net Rentable 2,640 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 2,640 SF
Contiguous Space 2,640 SF
Space Use Office
Private Offices 1
Meeting Rooms 1
Capacity 10 people
Furnished Yes

Lease Terms

Lease Rate $6,000 /USD/MO
Monthly Rent $6,000
Rent per SF/Year $27.27

Amenities

ADA accessibility
The Coven network
event hosting capabilities
prayer/mother's room
phone booths
kitchen

Building Details

Stories 2
Building Size 2,640 SF
Listing Agency: Element, Inc
Listed By: JoAnna Hicks
Source: Moodyscre
Added: Sep 26, 2024 Changed: Jul 29 Last Checked: Jul 30 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Element, Inc

Investment Insights

Based on property information with market context.

This standalone office building offers two floors of furnished office space with an efficient layout totaling 2,640 square feet. The space includes 10 fixed workstations, a 6–8 person conference room, and a prayer/mother’s room. The lower level features one private office, two phone booths, and a kitchen.

ADA accessibility is included, supporting accessible use throughout the property. The building also offers access to The Coven network and event hosting capabilities, providing additional ways to support workplace needs.

Designed for straightforward occupancy, the configuration combines individual work areas with meeting space and private rooms, making it suitable for teams that need both day-to-day functionality and dedicated collaboration space.

Key Highlights

  • Standalone two‑floor furnished office building with 2,640 SF of office space
  • Layout includes 10 fixed workstations and a 6–8 person conference room
  • Lower level offers 1 private office, 2 phone booths, and a kitchen

Property Analytics

Current Use

Studio MPLS Marketing & Advertising Studio MPLS Talent Marketing & Advertising Mni Sota Fund Charitable Organization The Coven East Lake Coworking & Hybrid Office

Suggested Use

Top Pick Hair Salon Nail Salon HVAC Service Parking Lot & Garage Law Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby

Demographics for 55406, MN

34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$17 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
76,115 SF
Avg Space Size

This space is priced 60% above the average of $17 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Standalone two-floor furnished office includes fixed workstations, conference room, and private offices with ADA accessibility.
Where is this office building located?
The property is located at 4009 Lake St E Minneapolis, MN.
What is the lease rate?
The lease rate is $24.09 SF/Yr.
What are key features of this property?
This property features: Standalone two‑floor furnished office building with 2,640 SF of office space; Layout includes 10 fixed workstations and a 6–8 person conference room; Lower level offers 1 private office, 2 phone booths, and a kitchen
(612) 436-8201 Call to check price and availability
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