Small-Bay Office
6213-6217 Lake St W St Louis Park, MN 55416
For Sale
Contact for pricing
Office units at 6213-6217 West Lake Street with direct street frontage and quick access to major highways.
Property Size3,140 SF
Price / SF$175.16
Days on Market61
Property Features for 6213-6217 Lake St W
General Information
- Standard status
- Active
- Size
- 3,140 SF
- Property subtype
- OFFICE
Listing Agency:
Kenwood Commercial
(612) 242-8820
Listed By:
Mike Doyle
(612) 242-8820
Source:
Moodyscre
Added: May 27
Changed: Jul 25
Last Checked: Jul 26 at 1:38PM
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 Kenwood Commercial
Investment Insights
Based on property information with market context.
6213-6217 West Lake Street offers a small-bay office configuration for sale in St Louis Park. The property comprises office units totaling 3,140 square feet, and it is positioned for straightforward access from West Lake Street.
Public remarks note direct frontage on West Lake Street and quick access to MN-7, MN-100, MN-62, and I-394. The property is also described as being near the West End market cluster and the Methodist Hospital / Park Nicollet medical campus, with additional dining and retail amenities along Excelsior Boulevard. Downtown Minneapolis is estimated in the remarks to be roughly ten to fifteen minutes to the east.
For buyers seeking a compact office asset with direct street frontage and convenient regional connectivity, this property provides a simple, small-bay office footprint in an established inner-ring suburb.
Public remarks note direct frontage on West Lake Street and quick access to MN-7, MN-100, MN-62, and I-394. The property is also described as being near the West End market cluster and the Methodist Hospital / Park Nicollet medical campus, with additional dining and retail amenities along Excelsior Boulevard. Downtown Minneapolis is estimated in the remarks to be roughly ten to fifteen minutes to the east.
For buyers seeking a compact office asset with direct street frontage and convenient regional connectivity, this property provides a simple, small-bay office footprint in an established inner-ring suburb.
Key Highlights
- Office units at 6213‑6217 West Lake Street with direct street frontage on West Lake Street
- Quick access to MN‑7, MN‑100, MN‑62, and I‑394
- Located in Saint Louis Park’s West Lake Street area, near the West End market cluster
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.6k | $20.88 |
| − Vacancy | −$13.2k | −$4.22 |
| EGI | $52.3k | $16.66 |
| − OpEx | −$13.1k | −$4.17 |
| NOI | $39.2k | $12.50 |
3,140 SF · lease $20.88/SF/yr · vacancy 20.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$560.6K
$490.5K – $654.0K
NOI $39,240 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$749.1K
$655.5K – $874.0K
NOI $52,440 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Office units at 6213-6217 West Lake Street with direct street frontage and quick access to major highways.
Where is this office units located?
The property is located at 6213-6217 Lake St W St Louis Park, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Office units at 6213‑6217 West Lake Street with direct street frontage on West Lake Street; Quick access to MN‑7, MN‑100, MN‑62, and I‑394; Located in Saint Louis Park’s West Lake Street area, near the West End market cluster
