3318 E Lake Street Minneapolis, MN 55406

$469,000
Active
Apartment,Mixed Use,Low Rise,Office  |  MLS # 6561135
Active
  • Multiple Windows for Natural Light. 2 Loading Docks
    Multiple Windows for Natural Light. 2 Loading Docks
  • Front of Building
    Front of Building
  • Left Lower Loading Dock
    Left Lower Loading Dock
  • Lake Street Frontage - 11 Parking Spaces & On-Street Parking
    Lake Street Frontage - 11 Parking Spaces & On-Street Parking
  • 11 Car Parking Lot - Lake Street
    11 Car Parking Lot - Lake Street
  • 3318 E Lake St - MLS#6362004
    3318 E Lake St - MLS#6362004
  • Lake Street Frontage - 11 Parking Spaces & On-Street Parking
    Lake Street Frontage - 11 Parking Spaces & On-Street Parking
  • 3318 E Lake St - MLS#6362004
    3318 E Lake St - MLS#6362004
  • 11 Parking Spaces
    11 Parking Spaces
  • Secured Entrance
    Secured Entrance
  • Front of Building - Loading Dock
    Front of Building - Loading Dock
  • Front of Building - Loading Dock Door
    Front of Building - Loading Dock Door
  • Unit #5 Door Upper - Loading Dock Door for Lower Unit #4
    Unit #5 Door Upper - Loading Dock Door for Lower Unit #4
  • 3318 east lake street Unit # 1
    3318 east lake street Unit # 1
  • 3318 east lake street Unit #2
    3318 east lake street Unit #2
  • 3318 east lake street Unit #3
    3318 east lake street Unit #3
  • 3318 east lake street Unit #4
    3318 east lake street Unit #4
  • 3318 east lake street #5 upper right
    3318 east lake street #5 upper right
  • 3318-east-lake-street  Boiler room
    3318-east-lake-street Boiler room
  • 3318 east lake street - storage-utility-utility-room
    3318 east lake street - storage-utility-utility-room
  • 3318 east lake street - common space
    3318 east lake street - common space
  • Common Bathroom - Lower Level
    Common Bathroom - Lower Level
  • Common Wash Sink - Lower Level
    Common Wash Sink - Lower Level
  • Unit #1 - Inside Upper Left
    Unit #1 - Inside Upper Left
  • Unit #1 - Inside Upper Left
    Unit #1 - Inside Upper Left
  • Unit #1 - Inside Upper Left
    Unit #1 - Inside Upper Left
  • Unit #1 - Inside Upper Left
    Unit #1 - Inside Upper Left
  • Unit #1 - Inside Upper Left
    Unit #1 - Inside Upper Left
  • Unit #1 - Inside Upper Left
    Unit #1 - Inside Upper Left
  • Unit #2 - Inside Upper Right
    Unit #2 - Inside Upper Right
  • Unit #2 - Inside Upper Right
    Unit #2 - Inside Upper Right
  • Unit #2 - Inside Upper Right
    Unit #2 - Inside Upper Right
  • Unit #2 - Inside Upper Right
    Unit #2 - Inside Upper Right
  • Unit #2 - Inside Upper Right
    Unit #2 - Inside Upper Right
  • Unit #3 - Inside Lower Left
    Unit #3 - Inside Lower Left
  • Unit #3 - Inside Lower Left
    Unit #3 - Inside Lower Left
  • Unit #3 - Inside Lower Left
    Unit #3 - Inside Lower Left
  • Unit #4 - Inside Lower Right - Closed Stairwell to Upper Unit
    Unit #4 - Inside Lower Right - Closed Stairwell to Upper Unit
  • Unit #4 - Inside Lower Right
    Unit #4 - Inside Lower Right
  • Unit #4 - Inside Lower Right
    Unit #4 - Inside Lower Right
  • Unit #4 - Inside Lower Right
    Unit #4 - Inside Lower Right
  • Boiler Room - Inside Unit #4
    Boiler Room - Inside Unit #4
  • Unit #5 - Upper Right
    Unit #5 - Upper Right
  • Unit #5 - Upper Right
    Unit #5 - Upper Right

About The Listing

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 Docks for each lower space.


Listing courtesy of Joshua Mandel, Edina Realty, Inc.
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1926
MLS #: 6561135
Garage Spaces: 0
Parking Description: Asphalt, Guest Parking, On-Street Parking Only, Other, Paved
Sewer Description: City Sewer/Connected
Air Conditioning Type: None
Water: City Water/Connected
Heat Type: Boiler
Basement: Block, Concrete
Construction Description: Block, Stucco
Roof Description: Age Over 8 Years, Rubber
Days On Market (Continuous): 385
Disability Features: None
Latest Update: 07/05/2024
List Date: 06/28/2024
Listing Agent ID: 502050042
Listing Office: Edina Realty, Inc.
Listing Office ID: 5878
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Gas Water Heater, Range, Refrigerator
Lot Dimensions: 92.32x86
Lot Size: 0.18 Acres
Lot Features: Public Transit (w/in 6 blks)
School District: Minneapolis
Tax Year: 2023
Estimated Taxes: $12,182
Contingency Type: None
City: Minneapolis
Zip: 55406
County: Hennepin
Subdivision: South Minneapolis Add
State: MN
Listing last updated: 07/05/24

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