Turnkey Restaurant Space For Lease On The Corner Of Lyndale Avenue and Lake Street

626 W Lake Street Minneapolis, MN 55408

626 W Lake Street, Minneapolis, MN, 55408
626 W Lake Street, Minneapolis, MN, 55408
FOR LEASE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jul 26, 2024

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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

Map of 626 W Lake Street, Minneapolis, MN, 55408

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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."

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