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1516 Lake St Minneapolis, MN 55408

Historic Creative Office, 285 RSF Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
128
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.

Highlights

  • 285 RSF of creative office space available.
  • Net rent: $15.00-$22.00/SF.
  • 2024 estimated CAM and taxes: $14.50/SF.
  • Four-story building, built in 1925.
  • Prime location near Bde Maka Ska, Lake of the Isles, and Midtown Greenway.
  • 53 parking spaces.

Property Details for 1516 Lake St

Property type
Office properties, Office space
RSF (Rentable sq. ft)
17,273 SF
Year Built
1925
Stories
4

Unit(s) available at that property

Space
Suite 320 A
Size
285 SF

Location Insight

City
Minneapolis
County
Ramsey
State
Minnesota
Latitude
44.9486498
Longitude
-93.301813
1516 Lake St, Minneapolis, Minnesota

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FAQs

What type of property is this?
Office property - Historic Creative Office, 285 RSF Available
Where is the office property 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Nils Snyder
Nils Snyder
Michael Doyle
Michael Doyle
Holly Becker
Holly Becker
Visit Broker Website

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Useful Information

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Lake St
Minneapolis, MN 55408

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Lake St
Minneapolis, MN 55408

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1516 Lake St
  • Nils Snyder
    Nils Snyder
  • Michael Doyle
    Michael Doyle
  • Holly Becker
    Holly Becker
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