4121 E Lake Street Minneapolis, MN ^$ 2,350,000

4121 E Lake Street

^$ 2,350,000

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4121 E Lake Street

Minneapolis, MN, 55406

^$ 2,350,000

Studio Baths0.0 Sq 12,968

Monthly Estimate*

^$ 16,415

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4121 E Lake Street, Minneapolis, MN 55406 - Image 11

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Studio

Commercial Property for sale in Minneapolis, MN

for $2,350,000. This 12,968 square foot building was built in 1957 on a lot size of 0.11.

Commercial Active

Price

^$ 2,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 30,547

Style

Lot Size

0.11

Year Built

1957

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6250115

Features

General

Sewer City Sewer - In Street

Heating Forced Air

Utilities Heating Common

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1957

Tenant Pays All Utilities

Tax Year 2023

Current Use Professional/Office

Gross Income 210000

Accessibility Other

Additional Parcels Description 0602823120002 0602823120003

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Blocks 1 & 2 Of Sevenoaks

Directions Take I-94 East to St. Paul Take exit 237 from I-94 E Take Marshall Ave to E Lake St in Minneapolis.

City Minneapolis

Buyer Agent Compensation 2.70

Land Lease Amount 0

High School District Minneapolis

Zoning Description Business/Commercial

Total Units 48

Street Name Lake

Land Lease Y/N N

Tax Annual Amount 30547

Additional Parcels Y/N Y

Days on Market 518

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Open

Water Source City Water - In Street

Inclusions Building

Lot Size Area 0.11

Building Area Total 12968

Lot Dimensions 180 x 180

Lot Size Units Acres

Foundation Area 6484

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Internal Only

Street Number 1 4121

* Excluded Features

List By

Northstar Real Estate Associates

Broker

mabdulle08@gmail.com

Affordability Calculator

$18,961

Per Month

Monthly Principal & Interest: $16,415
Monthly Property Taxes: $2,546
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,139,433

Percent of Sale Price 52%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/25/2022	$2,350,000	-6.00%	Price Down
8/17/2022	$2,500,000		Listed Price

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4121 E Lake Street, Minneapolis, MN, 55406 is a Commercial Property for sale at $2,350,000 with 12,968 sqft and a lot size of 0.11. 4121 E Lake Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 55406 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/18/2024.

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4121 E Lake Street

Commercial Property for sale in Minneapolis, MN

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