3318 E Lake ST, Minneapolis, MN 55406 - MLS#6561135

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$429,000

Est. payment - /mo

7,840 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,840 sqft

Price per Sqft $54

Subdivision South Minneapolis Add

MLS Listing ID 6561135

Year Built 1926

Annual Tax Amount $12,182

Lot Size 4,319 Sqft

Acres 0.18

Lot Dimensions 92.32x86

Property Description

You do not want to miss this great investment and cash flowing opportunity! Nicely located in the Longfellow neighborhood of Minneapolis and close to several local amenities, Easy access to major roadways and public transportation. This beauty consists of four commercial spaces and one 2 bed/1 bath unit, Many of the units have been rented with long term tenants, 11 Parking spots and on-street parking too! 1 Loading Dock for each lower space. Cosmetic TLC needed. Seller Financing Available.

Location

State MN

County Hennepin

Community South Minneapolis Add

Zoning Business/Commercial

Direction Heading northeast on MN-55 / Hiawatha Ave toward E 33rd St, Take the ramp on the right for E Lake St/ County -3 and head toward E Lake St, Turn right onto E Lake St/ County Hwy-3, Arrive at 3318 E Lake St on your left.

Rooms

Basement Concrete Block, Poured Concrete

Interior

Heating Boiler

Cooling None

Flooring 7840.8

Exterior

Parking Features Paved Lot, Other

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Rubber

Accessibility None

Building

Lot Description Public Transit (w/in 6 blks)

Foundation Concrete Block

Water City Water/Connected

Structure Type Block,Brick,Concrete

Others

Senior Community No

Tax ID 3102923330120

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Listed by Edina Realty, Inc.

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