True
Space Available For Lease 1
Space Available |
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Emily Massie
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Lisa Christianson
Colliers |
Contacts


Colliers
Property Details
- Property Type Retail
- Building Class B
- Year Built 1988
- Year Renovated 2025
- Date Updated Jul 30, 2025
Retail Space For Lease
Space Available
- Suite: 1,800 sf
- 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
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Wayzata, MN
- Neighborhood Wayzata
- Zip Code 55391
- Market Minneapolis St Paul
Points of Interest
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Shady Oak
5.72 miles
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Downtown Hopkins
6.06 miles
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Blake Road
6.79 miles
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Opus
6.91 miles
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City West
7.37 miles
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Louisiana Avenue
7.59 miles
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Wooddale Avenue
7.99 miles
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Golden Triangle
8.11 miles
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SouthWest
8.28 miles
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Town Center
8.60 miles
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Holiday
0.79 miles
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BP
0.87 miles
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ChargePoint
3.17 miles
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Kwik Trip
3.40 miles
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Orono Station
3.49 miles
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Speedway
3.78 miles
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Tesla Supercharger
8.35 miles
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Wayzata Blvd & Barry Ave
0.31 miles
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Wayzata West Middle School
0.44 miles
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Vicksburg Lane Trailhead
1.86 miles
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Minnetonka Blvd & Steele St
2.43 miles
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Plymouth Road Transit Center
3.20 miles
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Minnetonka Blvd & Baker Rd
3.69 miles
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Hwy 7 & Vinehill Rd
4.20 miles
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Big Willow Park South Lot
4.22 miles
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Intermediate School Parking Lot
4.30 miles
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Student Center Parking Lot
4.31 miles
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Sakana Sushi & Asian Bistro
0.00 miles
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CōV
0.05 miles
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The Muni
0.16 miles
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NineTwentyFive
0.34 miles
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Bruegger's Bagels
0.57 miles
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Jimmy Joh
0.57 miles
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Noodles & Company
0.58 miles
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Jimmy John's
0.59 miles
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Punch Pizza
0.75 miles
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Chipotle
0.77 miles
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Lunds & Byerlys
0.61 miles
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Lakewinds Food Co-op
2.03 miles
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Target
3.15 miles
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Whole Foods Market
3.28 miles
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Cottagewood General Store
3.30 miles
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Hy-Vee
3.57 miles
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JCPenney
3.58 miles
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Macy's
3.61 miles
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Ridgedale Center
3.64 miles
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Fresh Thyme Market
3.68 miles
641 Lake St E Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 641 Lake St E is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 1,800 square feet of retail space for lease. Of this total, 1,800 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
641 Lake St E was last renovated in 2025.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.