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1516 Lake St Minneapolis, MN 55408

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For Lease
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Historic Creative Office, 285 RSF Available

Lot size:
17,273 SF

Property Features for 1516 Lake St

General Information

Property type
Office Units
Lease Type
Gross Lease
RSF (Rentable sq. ft)
17,273 SF

Building Details

Year Built
1925
Stories
4

Spaces For Lease

at 1516 Lake St, Minneapolis, MN 55408 Contact us

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Listing Contact
Nils Snyder
Nils Snyder

Listing Agency: Kenwood Commercial Listing Agent: Nils Snyder

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

The Citadel Building offers a unique opportunity to lease vibrant creative office space in a beautifully restored 1925 building. This four-story building boasts 17,273 square feet of total space, with a minimum divisible unit of 285 square feet and a maximum contiguous space of 285 square feet currently available. The space features net rental rates ranging from $15.00 to $22.00 per square foot. Estimated 2024 common area maintenance and taxes are $14.50 per square foot. The building provides convenient access to public transportation, a variety of restaurants and shopping options, and is ideally situated near Bde Maka Ska (formerly Lake Calhoun), Lake of the Isles, and the Midtown Greenway, creating an exceptional work, live, play environment. Tenants and guests enjoy the benefit of 53 off-street parking spaces. Recent renovations have enhanced the common areas, and a first-floor shower/locker room adds to the building's amenities. This is a multi-tenant building offering a prime location and attractive features for businesses seeking a distinctive office space. The available space is perfect for a small business or individual seeking a creative and inspiring workspace.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Williams Douglas C Physician Kristin N. Procopio, ... Physician Kathleen Lynch Healing ... Alternative Medicine Practice Jigjiga Business Center Hotel & Motel Farmers Insurance - Steven ... Insurance Agency

Suggested Use

Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Minneapolis
County
Anoka
State
Minnesota
Longitude
-93.301813
Latitude
44.9486498

FAQs

What type of property is this?
Office units - Historic Creative Office, 285 RSF Available
Where is this office units located?
The property is located at 1516 Lake St Minneapolis, MN.
What are key features of this property?
This property features: 285 RSF of creative office space available.; Net rent: $15.00-$22.00/SF.; 2024 estimated CAM and taxes: $14.50/SF.
(612) 240-7967 Call to check price and availability
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