Office Suite with Private
For Lease
Contact for pricing
1518 E Lake St, Minneapolis, MN 55407
The suite combines dedicated offices and meeting space with an in-suite restroom.
Space Size1,511 SF
Days on Market11
Property Features for 1518 E Lake St
General Information
Standard status
Active
Size
1,511 SF
Property subtype
OFFICE
Space & Availability
Space Use
Office
Private Offices
4
Meeting Rooms
1
Site & Location
Neighborhood
Powderhorn
Public Transit
Yes
Amenities
private bathroom
Spaces For Lease
at 1518 E Lake St
Office Space For Lease
$23.83/SF/Yr
Size
1,511 SF
Type
OFFICE
Availability
AVAILABLE
Sublease
No
Location, location, location! Take advantage of this fantastic opportunity to lease office space in the heart of Minneapolis' vibrant East Lake Street corridor! Conveniently located above La Mexicana Grocery, Unit 201 offers four private offices, a spacious conference room, and a private bathroom, providing a versatile layout ideal for a variety of professional and business needs.
This space is perfect for a law firm, mortgage or lending company, insurance agency, accounting firm, real estate office, consulting business, counseling practice, or other professional services. Previously operated as a daycare, the space is also well-suited for a childcare or educational business looking for an existing daycare-style layout. The colorful carpet tiles and wall decorations can be removed to create
a more traditional, professional office environment tailored to your business.
Enjoy a highly accessible location surrounded by established businesses, restaurants, shops, and neighborhood amenities. With public bus routes nearby and Lime bikes available in the area, commuting is convenient for employees and clients alike. The property's central location provides easy access to downtown Minneapolis, major roadways, and surrounding neighborhoods.
Whether you're expanding your business, opening a professional office, or looking for a conveniently located workspace, this property offers the space, flexibility, and location you've been searching for.
1522 E Lake Street, Unit 201, Minneapolis, MN 55407
Schedule your private tour today and explore the possibilities this space has to offer!
Contact us
Listing Agency:
Northstar Real Estate
Listed By:
James Yacoub
(651) 398-7653
Source:
Moodyscre
Added: Oct 22
Changed: Oct 25
Last Checked: Nov 1 at 8:19AM
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 Northstar Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,511-square-foot office suite has four private offices, a conference room, and a private bathroom. It is positioned above La Mexicana Grocery along Minneapolis’ East Lake Street corridor. The space previously operated as a daycare, and its carpet tiles and wall decorations can be removed for a different interior presentation.
Businesses and neighborhood amenities surround the property. Public bus routes are nearby, and Lime bikes are available in the area. The location also provides access to downtown Minneapolis, major roadways, and surrounding neighborhoods.
Businesses and neighborhood amenities surround the property. Public bus routes are nearby, and Lime bikes are available in the area. The location also provides access to downtown Minneapolis, major roadways, and surrounding neighborhoods.
Key Highlights
- 1,511 square feet of office space
- Four private offices, a conference room, and a private bathroom
- Located above La Mexicana Grocery on the East Lake Street corridor
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,796
Businesses Nearby
Explore this area
Business Placement
Demographics for 55407, MN
38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Minneapolis, MN
$18.75 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,062 SF
Avg Space Size
This space is priced 27% above the average of $18.75 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The suite combines dedicated offices and meeting space with an in-suite restroom.
Where is this office unit located?
The property is located at 1518 E Lake St Minneapolis, MN.
What is the lease rate?
The lease rate is $23.83 SF/Yr.
What are key features of this property?
This property features: 1,511 square feet of office space; Four private offices, a conference room, and a private bathroom; Located above La Mexicana Grocery on the East Lake Street corridor
