Property Description
626 W Lake StreetMinneapolis, MN 55408
Status: For Lease
Property Type: Retail
Turnkey Restaurant Space For Lease On The Corner Of Lyndale Avenue and Lake Street
Highlights and Features:
- Turnkey restaurant and bar
- High visibility on the corner of Lyndale & Lake
- Beautiful restaurant space with 2 full commercial kitchens (1 on main level, 1 on lower level)
- Large, private, enclosed outdoor patio with fountain
- Convenient public and metered parking nearby
- 1 full bar plus 1 smaller outdoor bar
- Capacity on main floor: 168
- Capacity on outdoor patio: 130
- Can be divided into separate bar and restaurant area
- 2 ADA bathrooms on main level plus staff bathroom, conference room plus additional storage on lower level
- Area tenants include Jungle Theater, Lyn Lake Chiropractor, Tweak the Glam Studio, The Iron Door Pub, Volstead’s Emporium, Toppers, Lynlake Brewery, Anytime Fitness and more
Demographics and Traffic Counts:
- Average Household Population: 1 mile - 30,187, 3 miles - 152,583 and 5 miles - 322,709
- Average Household Income: 1 mile - $53,488, 3 miles - $63,094 and 5 miles - $70,714
- Lyndale Avenue - 26,000 vpd and Lake Street - 20,500 vpd
Space Available:
- 6,972 sf (plus 2,500 sf outdoor patio free of charge)
- 2022 CAM/Tax: $5.00 psf
- Lease Rate: $20.00 psf NNN
