• Main Photo

1405 E Lake Street
Minneapolis, MN 55407

$3,200,000

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Listing Details

  • $3,200,000
  • MLS# 7061743
  • Type Commercial - Business
  • Status Active
  • 0.850 acres
    Lot Size
  • 1981
    Year Built
  • Minneapolis
    Local Schools

Listed By

Agency Name: Compass
Agency Phone: 952-283-0897

Shown By

Agent Name: Jeremy Fischer
Agent Phone: (701) 239-2230
Agency Title: Town & Country Realty

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Home Value Estimate


Description

Positioned along the vibrant East Lake Street corridor, this mixed-use commercial property offers a compelling blend of stability and future potential. Anchored by a high-volume laundromat and an operating restaurant, the property generates strong, diversified income.Set on one of the largest parcels in the immediate area, the site presents significant upside through expansion or redevelopment. Its prominent location benefits from consistent traffic, strong neighborhood demand, and proximity to key Minneapolis destinations.A rare chance to secure a sizable footprint in a high-demand urban corridor.

Features

  • Heating: Forced Air
  • Stories: 1.0
  • Taxes: $36,591
  • Water: City Water/Connected
  • Year Built: 1981

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