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3-Office Professional Suite

208-1404 W Lake St, Minneapolis, MN 55408

For Lease
$1,350/Mo

Professional suite with private offices, reception space, and secure keyless entry.

Space SizeContact for details
Days on Market66

Property Features for 208-1404 W Lake St

General Information

Standard status Active

Space & Availability

Space Use Office
Private Offices 3

Site & Location

Neighborhood Powderhorn

Taxes and HOA fees

Annual Taxes $71,722

Amenities

secure keyless building access with remote phone capability for clients
Listing Agency: National Realty Guild
Listed By: Aide Salgado Diaz
Source: Exprealty
Added: Sep 8 Changed: Nov 4 Last Checked: Nov 10 at 2:38PM

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 National Realty Guild

Rey
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Investment Insights

Based on property information with market context.

This office unit provides a practical layout for client-facing operations, with three enclosed offices complemented by reception and waiting areas. Building entry is secured through a keyless access system, and remote phone capability is available for client communications.

The property is positioned across from a large public parking lot, with additional street parking nearby. Its Uptown Minneapolis setting places the office within walking distance of gyms, restaurants, and local shops. The configuration and access features support appointment-based professional uses, including med spa, esthetic, massage, and beauty services.

Key Highlights

  • Three private offices with reception and waiting areas
  • Keyless building entry with remote phone capability
  • Across from a large public parking lot

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store HVAC Service Kitchen & Bath Showroom

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

4,436
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
9,003 SF
Avg Space Size

Properties on Market for Office Units in Minneapolis

Jul
Aug
Sep
Oct

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 - Professional suite with private offices, reception space, and secure keyless entry.
Where is this office unit located?
The property is located at 208-1404 W Lake St Minneapolis, MN.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: Three private offices with reception and waiting areas; Keyless building entry with remote phone capability; Across from a large public parking lot
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