1517 W Lake St - Storefront Retail/Office FOR SALE


Minneapolis, MN 55408- Uptown Minneapolis
$895,000 USD
952-221-7419
1517 W Lake St, Minneapolis, MN for Sale
$895,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

1517 W Lake St
Minneapolis, MN 55408
Uptown Minneapolis


HIGHLIGHTS

  • Owner-User Flexibility
  • Top Floor Residential Space
  • Lower Level Storage

OVERVIEW

Mixed-use building with main-level retail and upper-level apartment space • Prime Uptown Minneapolis location at 1517 W. Lake Street • Approximately 1,065 square feet of main-level retail space • Approximately 1,541 total square feet across the second- and third-floor apartment • Building originally constructed in 1900 • Roof is approximately 2 years old • Nearly 500,000 residents within 5 miles of the property • Average household income within the area exceeds $100,000 per year

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,955 SF

ZONING

C1

APN/PARCEL ID

04-028-24-21-0031

ASK ABOUT THIS PROPERTY

Scott SchultzRE/MAX Results Eden PrairieMore Info
952-221-7419

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Scott SchultzRE/MAX Results Eden PrairieMore Info
952-221-7419

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