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Property profile & analytics

1221 Lake St Minneapolis, MN 55408

  • Commercial real estate
  • 13,150 SF
  • 0.24 lot acres
Value Estimation
Location Intelligence
Property ID
US46-3158274
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • T-Mobile / Cell Phone Store / Cell Phone Accessory Store
  • Allina Health Uptown Clinic / Infectious Disease Physician / Internist
  • Uptown Chiropractic / Chiropractor / Wellness Center
  • Hanan Rosenstein, MD / Family Practice Physician
  • Dr. Frank S. Rhame, MD / Infectious Disease Physician

Property Details for 1221 Lake St

Year built
1925
Construction
CONCRETE
Lot size
0.24 lot acres
Property size
13,150 SF
Zone code
C2
Property type
Commercial real estate
APN
02-028-24-12-0045
APU
202824120045

Description

This exceptional Class A, two-story commercial property, Uptown Row, totaling 36,817 square feet, is situated in the vibrant Uptown Minneapolis submarket at 1221 W Lake St, Minneapolis, MN 55408. Built in 2004, the building boasts 14 suites across its 22,216 square foot lot, offering a diverse range of tenancy options. The property features 79 convenient on-site parking spaces, a rare amenity in this high-traffic area. Located on West Lake Street between Emerson and Freemont Avenues (cross street: Freemont Avenue), Uptown Row benefits from exceptional visibility and accessibility, situated on one of Uptown's busiest roadways. Zoned C-2, this versatile property is ideal for a variety of uses, including medical, traditional, and executive office spaces, as well as retail opportunities. The building's tenant mix includes a blend of national, regional, and local businesses, creating a thriving and diverse community. Current tenants include, but are not limited to, T-Mobile, Buffalo Wild Wings, Allina Health Care, Walgreens, Mahalo Nail Salon, Fox Den Salon, and Uptown Chiropractic. This property presents a unique investment opportunity in a highly desirable and sought-after location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Minneapolis
County
Hennepin
State
Minnesota
Longitude
-93.2566
Latitude
44.9481
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,131
$173,900
$1,237,900
$1,411,800
-
$173,900
$1,237,900
$1,411,800
More about this property
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