Space AvailabilityTotal: 4
| Unit Name | Floor | Unit No | Size | Term | Lease Rate | Condition |
|---|---|---|---|---|---|---|
1516 W Lake St | Suite 320 a | 285 SF | Negotiable | Undisclosed | Full Build-Out | |
1516 W Lake St | Suite 320 E | 285 SF | Negotiable | $46.32/SF/YR | Full Build-Out | |
1516 W Lake St | Suite 304 | 600 SF | Negotiable | $22/SF/YR | ||
1516 W Lake St | Suite 310 | 1,135 SF | Negotiable | $22/SF/YR |
Description
This four-story creative office building, originally constructed in 1925, offers a variety of leasing options, including executive suites ranging from $1,100 to $1,200 per month and suites such as 304 and 310 with net rental rates of $15.00–$22.00/SF/YR. Estimated 2025 CAM and taxes are $14.50/SF/YR. The property features recently remodeled common areas, convenient off-street parking for tenants and guests, and first-floor shower and locker room facilities. Ideally located just blocks from Bde Maka Ska (formerly Lake Calhoun), Lake of the Isles, and the Midtown Greenway, the building provides excellent access to transit, shopping, and restaurants. With its blend of functionality and lifestyle amenities, this property offers an ideal work, live, play environment.
Lease Details
- Lease Length
Negotiable
- Category
creative
- Tenancy
Multiple
- Space Name
Citadel Building | 1516 W Lake St
- Lease Type
Absolute Net
- Lease Model
Direct
- Lease Rate Type
Yearly
- Gross Leasable Area
2,305 SF
- Total Lease Rate
Undisclosed
- Parking Info
53 Spaces
- No of Buildings
1
- No of Stories
4
- Maximum Contiguous
1,135 SF
- Space Location
1516 W Lake St, Minneapolis, MN 55408
Property Details
- Total Building Space
17,273 SF
- No of Spaces/Suites
4
- Minimum Divisible
285 SF
- Year Built
1925


