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    1433 Lake St Minneapolis, MN 55408

    Sponsored
    For Lease
    Contact for pricing

    Prime Uptown location, 3200 sq ft.

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,200 square foot executive office suite presents a unique opportunity in Minneapolis' vibrant Uptown neighborhood. Located in a charming, three-story building constructed in 1952 and extensively renovated in 2019, this single-tenant space boasts 12-14 foot ceilings and ample power. The property enjoys excellent visibility and accessibility, with convenient access to metered and contract parking options, a significant advantage in this dense urban area. Its prime location places it within walking distance of the renowned Chain of Lakes (Bde Maka Ska and Lake of the Isles), offering picturesque views and access to numerous recreational amenities, including walking trails, parks, and seasonal activities. The surrounding area is rich with a diverse mix of fine dining establishments, fast-casual restaurants, retail shops, residential buildings, and other office tenants, creating a thriving and dynamic environment. The building itself is exceptionally well-maintained, reflecting the ongoing investment in the Uptown area. This property benefits from the improvements funded by the 20-year Neighborhood Park Plan (NPP20), enhancing the surrounding parks and addressing community needs. Flexible lease terms are available, making this an ideal space for businesses seeking a prestigious and convenient location in the heart of Uptown, Hennepin County, near the intersection of Holmes Avenue and West Lake Street. The building's proximity to Lunds & Byerlys and a variety of other amenities further enhances its appeal.

    Property Features for 1433 Lake St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF

    Building Details

    Year Built/Renovated
    1952/2019
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,200 SF

    HighLights

    • Uptown Minneapolis location adjacent to the Chain of Lakes.
    • Abundant nearby dining, retail, and residential amenities.
    • Ample metered and contract parking options available.
    • Well‑maintained, 3‑story building, 3,200 square feet, built in 1952, renovated in 2019, with 12‑14' ceilings.
    • Flexible lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    AT&T Store Telecommunications Service Provider Ragstock Men'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2991013
    Latitude
    44.9481491

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Uptown location, 3200 sq ft.
    Where is this office property / space located?
    The property is located at 1433 Lake St Minneapolis, MN.
    What are key features of this property?
    This property features: Uptown Minneapolis location adjacent to the Chain of Lakes.; Abundant nearby dining, retail, and residential amenities.; Ample metered and contract parking options available.
    Request Owner's contact information
    1433 Lake St Minneapolis, MN 55408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1433 Lake St Minneapolis, MN 55408
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