1422 Lake St Minneapolis, MN 55408
The Rainbow Building, a landmark 112-year-old structure situated at 1422 W Lake St in Minneapolis, MN 55408, offers exceptional office space in the vibrant Uptown neighborhood. This Hennepin County property boasts a total of 25,891 square feet, currently entirely vacant and available for lease. The building features both executive and creative office spaces, with flexible suite sizes ranging from a minimum of 836 square feet to a maximum contiguous space of 14,523 square feet, accommodating a variety of business needs. Common areas have undergone recent high-end renovations. The building's prime corner location at W Lake Street and Hennepin Avenue ensures high visibility and accessibility. Tenants and clients benefit from convenient access to adjacent public and contract parking. Enjoy unparalleled outdoor recreation opportunities, with proximity to the Midtown Greenway, Lake of the Isles, Bde Maka Ska trails, beaches, and the Chain of Lakes parks. The Rainbow Building's exceptional walk score of 98 underscores its convenient location and accessibility. This is a truly unique opportunity to lease space in a historic and beautifully renovated building in a highly desirable Minneapolis location.
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SOS Building Services Inc (Bike/Boat/Book/etc) Store
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Vistas in Education - VIE Travel Agency
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The Todd Murray Law Firm, PLLC Law Firm
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Fruchtman Jonathan E Law Firm
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ListedIn General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.