For Lease
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Property summary
This exceptional Class A commercial building, located at 1439 W Lake St in Minneapolis, MN 55408, offers 8,100 square feet of versatile retail and office space. Built in 1953 and extensively renovated in 2019, this three-story building boasts 12-14 foot ceilings and is ideally situated in the vibrant Uptown neighborhood. Multiple tenancy options are available, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 6,600 square feet. The property benefits from excellent visibility and accessibility, with ample parking nearby despite its dense urban location. Its prime Uptown location places it within walking distance of the Chain of Lakes (Bde Maka Ska and Lake of the Isles), offering stunning views and proximity to numerous amenities including walking trails, parks, and recreational facilities. Furthermore, the building is conveniently located near Lunds & Byerlys grocery store, a diverse array of restaurants and retailers, and a thriving residential community. The Uptown area is experiencing significant reinvestment and redevelopment, presenting a unique opportunity for businesses seeking a prime location in a rapidly growing neighborhood. The building's strategic location and recent renovations make it an attractive option for businesses seeking a high-profile presence in a desirable Minneapolis location. Ongoing neighborhood improvements, including park maintenance and upgrades funded by the 20-year Neighborhood Park Plan (NPP20), further enhance the area's appeal and livability.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3A · Minneapolis, MNZoning
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Zoning designation
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