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Creative Office Space For Rent
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1516 W Lake St, Minneapolis, MN 55408

Creative office space near lakes and Midtown Greenway.

Space Size139 SF - 1,389 SF
Property Size17,273 SF
Days on Market2882

Property Features for 1516 W Lake St

General Information

Standard status Active
Size 139 SF - 1,389 SF
Total Parking Spaces 53
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 17,273 SF
Year Built 1925
Tenancy Multiple

Spaces For Lease

at 1516 W Lake St Contact us

Suite 100

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 102

Size
1,389 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 103

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 105

Size
778 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 107

Size
249 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 200

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 206

Size
139 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 210

Size
184 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 214

Size
288 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 216

Size
314 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 220

Size
436 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 222

Size
366 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 224

Size
184 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 300

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 304

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 310

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 320 A

Size
285 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 320 E

Size
285 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 320

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 350

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Kenwood Commercial
Listed By: Nils Snyder · License #MN
Source: Crexi
Added: Oct 2, 2018 Changed: Aug 22 Last Checked: Aug 21 at 5:22AM

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 Kenwood Commercial

Investment Insights

Based on property information with market context.

This creative office space is located blocks away from Bde Maka Ska (formerly Lake Calhoun), Lake of the Isles, and the Midtown Greenway, offering an awesome work, live, play environment. The property, constructed in 1925, features recently remodeled common areas and convenient off-street parking for tenants and guests. A shower and locker room are available for tenant use on the first floor. The building has four floors and provides great access to transit, restaurants, and shopping. The estimated CAM & Taxes are $14.50/SF/YR for 2026.

Key Highlights

  • Blocks from Bde Maka Ska, Lake of the Isles, and Midtown Greenway.
  • Convenient off‑street parking for tenants & guests.
  • Recently remodeled common areas.

Property Analytics

Current Use

Williams Douglas C Physician Kristin N. Procopio, ... Physician Kathleen Lynch Healing ... Alternative Medicine Practice Jigjiga Business Center Hotel & Motel Farmers Insurance - Steven ... Insurance Agency

Suggested Use

Top Pick Pet Grooming Service Garden Center Locksmith Butcher Electrical Service Tanning Salon

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

$14.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,219
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Creative space - Creative office space near lakes and Midtown Greenway.
Where is this creative space located?
The property is located at 1516 W Lake St Minneapolis, MN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Blocks from Bde Maka Ska, Lake of the Isles, and Midtown Greenway.; Convenient off‑street parking for tenants & guests.; Recently remodeled common areas.
(612) 240-7967 Call to check price and availability
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