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Two-Story Office Building
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4123 East Lake Street, Minneapolis, MN 55406

Well-maintained office property with dedicated parking and a corner position on East Lake Street.

Property Size12,968 SF
Lot Size0.26 Acres
Days on Market145

Property Features for 4123 East Lake Street

General Information

Standard status Active
Size 12,968 SF
Total Parking Spaces 10
Lot size 0.26 Acres
Property subtype Office

Building Details

Buildings 1
Stories 2
Building Size 12,968 SF
Listing Agency: Christianson & Company
Listed By: Nancy Flicek · License #MN 20541649
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 1:12PM

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 Christianson & Company

Investment Insights

Based on property information with market context.

This two-story office building contains 12,968 square feet on a 0.26-acre parcel in Minneapolis. The property has been well maintained and is described as being in excellent condition, with an adjoining parking lot providing 10 dedicated spaces.

The building occupies the corner of East Lake Street and 42nd Avenue S in the Longfellow neighborhood. The current owner is developing a new location and expects to provide occupancy in Fall of 2020, with a leaseback through that point under consideration.

Key Highlights

  • 12,968‑square‑foot, two‑story office building
  • 0.26‑acre parcel at the corner of East Lake Street and 42nd Avenue S
  • 10 dedicated parking spaces in adjoining lot

Property Analytics

Current Use

Kevin P. Kelly, ... Physician Initiative-Violence-Free Family Family Counselor PRIDE Program-Family Services Health Sunshine Day Program Adult Day Care Open Arms Early ... Daycare Center

Suggested Use

Top Pick Hair Salon Law Firm Nail Salon HVAC Service Skin Care Clinic 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.

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

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 - Well-maintained office property with dedicated parking and a corner position on East Lake Street.
Where is this office building located?
The property is located at 4123 East Lake Street Minneapolis, MN.
What are key features of this property?
This property features: 12,968‑square‑foot, two‑story office building; 0.26‑acre parcel at the corner of East Lake Street and 42nd Avenue S; 10 dedicated parking spaces in adjoining lot
More about this property
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