Retail Space
505 East Lake Street Minneapolis, MN 55408
Details & Description
Price: $0
    Possible retail restaurant space available on the main floor. Great visibility on Lake Street 5 blocks west of the Midtown Global Market. Easy access to I-35W.Traffic count: 25,000 vehicles per day
    Property Highlights
    Listing Agents
    Leslie Racine
    KW Commercial
    O: 651-262-1024
    M: 612-961-4010
    lee.racine@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    505 East Lake Street

    Minneapolis, MN 55408

    Listing ID: 278314
    • 505 East Lake Street Minneapolis, MN 55408 | for Lease | Photo 1
    • 505 East Lake Street Minneapolis, MN 55408 | for Lease | Photo 2
    505 East Lake Street | for Lease | Thumbnail 1
    505 East Lake Street | for Lease | Thumbnail 2
    Unit Size: 1,500 SF
    Annual Rate/SF: $22.00
    Monthly Price: $2,750.00
    Service Type: NNN
    Lot Size: --
    Land Size: --
    Price
    $22.00 sf/yr
    Property Highlights
    1,500 sf retail space on main, street level
    Great visibility on Lake Street
    New neighborhood parking ramp 14 block west
    1,500 sf storage available in basement
    Minimal build-outs with vent hood requires additional assembly
    Description

    Possible retail restaurant space available on the main floor. Great visibility on Lake Street 5 blocks west of the Midtown Global Market. Easy access to I-35W.

    Traffic count: 25,000 vehicles per day

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Minneapolis History of Retail Space for Lease

    Minneapolis Area Market Trends

    Listing Demographics for 505 East Lake Street Minneapolis, MN 55408

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population46,072260,294507,998
    Population Median Age313536
    Population by Age0-9 Yrs7395 (16%)28065 (10%)58531 (11%)
    10-19 Yrs5704 (12%)28325 (10%)56713 (11%)
    20-29 Yrs10671 (23%)64038 (24%)110118 (21%)
    30-39 Yrs8842 (19%)48133 (18%)89068 (17%)
    40-49 Yrs5122 (11%)27529 (10%)56998 (11%)
    50-59 Yrs3919 (8%)26658 (10%)54055 (10%)
    60-69 Yrs2608 (5%)21922 (8%)46297 (9%)
    70+ Yrs1812 (3%)15623 (6%)36219 (7%)
    Median HH Income$45,062$60,139$67,695
    Total Household Income< 24K5047 (29%)26179 (22%)43160 (19%)
    25-49K4510 (26%)23421 (20%)40735 (18%)
    50-74K3130 (18%)18415 (15%)33908 (15%)
    75-99K1885 (10%)13460 (11%)26433 (12%)
    100-199K2288 (13%)23811 (20%)50405 (23%)
    200K+458 (2%)10646 (9%)22180 (10%)
    Highest Education LevelNo Diploma67541789628469
    Diploma or GED51082304746205
    Some College54602799154419
    Assoc. Degree21061131623269
    Bachelors Degree631656852112180
    Higher Degree29963883378499
    Total Housing Units18,483123,683230,266
    --Owner-Occupied4,76245,422105,190
    --Renter-Occupied12,55670,510111,630
    Owner-Occupied Values< 100K37219624469
    100-199K18551016021609
    200-299K17731368932277
    300-399K498781819463
    400-499K176418710366
    500K+87760617006
    Total Working Age Population35,114219,968420,379
    In Work Force26,485164,477311,535
    Not In Work Force8,62955,491108,844
    Workforce Employed24,784156,239297,080
    Workforce Unemployed1,7018,19714,385
    Civlian Workforce26,485164,436311,465
    Military Workforce04170
    Total Households17,318115,932216,820
    Family Households7,71244,99898,340
    Non-Family Households9,60670,934118,480
    Married Couple4,30832,14372,477
    Other Family3,40412,85425,863
    Married w/Child2,31212,38130,126
    Single Male w/Child3521,4563,117
    Single Female w/Child1,7615,78211,323

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Dakota County355,904+12398,552+9434,203+7463,564
    Hennepin County1,116,200+31,152,425+121,294,371+91,407,332
    Ramsey County511,0350508,640+12567,959+9616,408

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 505 East Lake Street in Minneapolis?
    The asking price for 505 East Lake Street is $22.00 a SF per Year
    What is the building size of this commercial Retail property?
    The size of this lease property at '.505 East Lake Street.' is 1500 square feet
    What kind of Retail is the propery at 505 East Lake Street?
    The property at 505 East Lake Street Minneapolis, MN 55408 is listed as a Other Retail Retail property
    What is the population within 1 mile of 505 East Lake Street in Minneapolis?
    The population within 1 mile of 505 East Lake Street Minneapolis, MN 55408 is 46,072 people.
    Who do I contact for questions about 505 East Lake Street?
    You should contact the listing agent, Leslie Racine, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 5
    Rochester International Airport (RST) 81
    Duluth International Airport (DLH) 141
    Price
    $22.00 sf/yr
    Listing Agent
    More listings from Leslie Racine
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Electrical Contractor •
    BlazingStar Energy LLC logo
    New or existing work, get a quote!
    • Property Inspection •
    Root River Inspections logo
    We find what you may have missed!
    • Electrical Contractor •
    Golden Gate Electric LLC logo
    New or existing work, get a quote!
    • Networking/IT •
    Krause Technologies Inc. logo
    Technology wiring and cabling
    • Electrical Contractor •
    Midwest Power Solutions logo
    New or existing work, get a quote!
    • General Contractor •
    Midwest Handy-Pro  logo

    Share
    Other property types near Minneapolis, MN