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Four-Room Office Suite
For Lease
$1,500/Mo

202-1522 E Lake St, Minneapolis, MN 55408

Three private offices and a separate room provide options for workspace, storage, or copying and printing.

Space SizeContact for details
Days on Market11

Property Features for 202-1522 E Lake St

General Information

Standard status Active

Site & Location

Neighborhood Powderhorn

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $36,219
Listing Agency: Northstar Real Estate Associates
Listed By: Kassim Lakis
Source: Exprealty
Added: Oct 23 Changed: Oct 26 Last Checked: Nov 1 at 10:22AM

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 Northstar Real Estate Associates

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 202 is an office suite above La Mexicana Supermercado, with three private offices and a fourth room that can serve as workspace, storage, or a copy and print room.

The suite is on East Lake Street in Minneapolis, near public bus routes and Lime bikes. Restaurants, shops, and other businesses are in the surrounding area, with access to downtown Minneapolis, major roadways, and nearby neighborhoods.

Key Highlights

  • Three private offices plus a fourth room
  • Located above La Mexicana Supermercado
  • Near public bus routes and Lime bikes

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Pet Grooming Service Tanning Salon Pet Store Locksmith (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

2,627
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

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

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

Frequently Asked Questions

What type of property is this?
Office unit - Three private offices and a separate room provide options for workspace, storage, or copying and printing.
Where is this office unit located?
The property is located at 202-1522 E Lake St Minneapolis, MN.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Three private offices plus a fourth room; Located above La Mexicana Supermercado; Near public bus routes and Lime bikes
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