True
Space Available For Lease 1
Space Available |
Emily Massie
Lisa Christianson
Colliers |
Contacts
Colliers
Property Details
- Property Type Retail
- Building Class B
- Year Built 1988
- Year Renovated 2025
- Date Updated May 17, 2026
Premium Retail Space on Wayzata Bay
Space Available
- Suite 609: 2,019 sf or 1,871 sf
- 2026 CAM/Tax: $21.19 psf
- Lease Rate: $45.00 psf
Highlights
- Premier Lake Street Location in the heart of downtown Wayzata
- Brand new building with attractive storefront windows
- Signage on Lake Street
- Surrounded by boutique shops, upscale dining, and national retailers
- Co-tenants include RBC Wealth Management, Talbots, Parcelle Organics (coming soon), Judd Frost Clothiers, Gianni’s Steakhouse, Face Foundrie, Julia Moss, UBS Wealth Management, Sakana Sushi, Evereve, and McCormick’s
- Affluent demographic with strong local and tourist traffic
- Convenient access to Highway 12/I-394 and I-494
- Abundant additional nearby parking and pedestrian friendly environment
- 3 levels of attached, covered parking
Demographics
- Average Household Income $217,000
- Median Household Income $143,000
Population
- 30% of visits 51,820
- 50% of visits 165,215
- 70% of visits 432,726
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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63/100
Walk Score ®
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38/100
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
6.07 miles
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Blake Road
6.80 miles
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Opus
6.91 miles
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City West
7.38 miles
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Louisiana Avenue
7.59 miles
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Wooddale Avenue
8.00 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
0.80 miles
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BP
0.88 miles
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ChargePoint
3.17 miles
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Kwik Trip
3.41 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
0.30 miles
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Wayzata West Middle School
0.44 miles
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Vicksburg Lane Trailhead
1.87 miles
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Minnetonka Blvd & Steele St
2.44 miles
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Plymouth Road Transit Center
3.21 miles
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Minnetonka Blvd & Baker Rd
3.70 miles
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Hwy 7 & Vinehill Rd
4.19 miles
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Big Willow Park South Lot
4.22 miles
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Intermediate School Parking Lot
4.29 miles
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Student Center Parking Lot
4.31 miles
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Sakana Sushi & Asian Bistro
0.01 miles
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CōV
0.06 miles
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The Muni
0.17 miles
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NineTwentyFive
0.35 miles
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Bruegger's Bagels
0.58 miles
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Jimmy Joh
0.58 miles
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Noodles & Company
0.59 miles
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Jimmy John's
0.59 miles
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Punch Pizza
0.76 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
3.16 miles
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Whole Foods Market
3.29 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
3.59 miles
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Macy's
3.62 miles
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Ridgedale Center
3.65 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 1,871 square feet of retail space for lease. Of this total, 1,871 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.
