Retail Space For Lease

681 Lake St E Lake Street East Wayzata, MN 55391

681 Lake St E Lake Street East , Wayzata, MN, 55391
681 Lake St E Lake Street East , Wayzata, MN, 55391
FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Aug 12, 2025

Daily Email Blast
3 times

Daily Blasts Dates

Sep 16, 2025 20:40:00

Aug 12, 2025 18:46:59

Aug 01, 2025 18:44:13



Retail Space For Lease Space Available • Suite 609: 2,109 sf • 2025 CAM/Tax: $23.00 psf • Lease Rate: $45.00 psf Highlights and Features • Premier Lake Street Location in the heart of downtown Wayzata • High Visibility and Foot Traffic on a well-traveled retail corridor • Steps from Lake Minnetonka, Wayzata Beach, and lakeside dining • Brand new building with attractive storefront windows • Ideal for Retail • Signage opportunities on Lake Street • Near prominent destinations like Cov, Gianni’s, and Hotel Landing • Join a thriving tenant mix in one of the Twin Cities’ most desirable retail destinations • Surrounded by boutique shops, upscale dining, and national retailers • Affluent demographic with strong local and tourist traffic • Convenient access to Highway 12 and I-494 • Abundant nearby parking and pedestrian-friendly environment Demographics • Average Household Population: 1 mile - 1,852, 3 miles - 15,883, and 5 miles - 49,850 • Average Household Income: 1 mile - $112,856, 3 miles - $114,898, and 5 miles - $111,117 Traffic Counts • Lake St E: 4,470 vpd • Broadway Ave N: 2,686 vpd

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.