1401-1405 E Lake St - Freestanding FOR SALE


Minneapolis, MN 55407- Powderhorn Park
$3,200,000 USD
612-483-1742
1401-1405 E Lake St, Minneapolis, MN for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

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1401-1405 E Lake St
Minneapolis, MN 55407
Powderhorn Park


HIGHLIGHTS

  • Positive cash flow
  • Great location
  • One of the largest lots on Lake St

OVERVIEW

Positioned along the vibrant East Lake St 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 generates strong, diversified income. Set on one of the largerst 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

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$1,012 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,425 SF

ZONING

C1

APN/PARCEL ID

02-028-24-12-0257

ASK ABOUT THIS PROPERTY

Jad HarkThe Elite AgencyMore Info
612-483-1742

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Jad HarkThe Elite AgencyMore Info
612-483-1742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.