710 W Lake Street Minneapolis, MN ^$ 795,000

710 W Lake Street

^$ 795,000

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710 W Lake Street

Minneapolis, MN, 55408

^$ 795,000

Studio Baths0.0 Sq 6,650

Monthly Estimate*

^$ 5,553

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Studio

Commercial Property for sale in Minneapolis, MN

for $795,000. This 6,650 square foot building was built in 1907 on a lot size of 0.05.

"For Sale or For Lease" Lake and Lyndale commercial building, many different possible uses. Currently a health club but zoning allows for community center/retail/office. One of the most walkable neighborhoods in Minneapolis. Lake and Lyndale offers some of the most diverse shops, restaurants, businesses and venues.

Commercial Active

Price

^$ 795,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 27,333

Style

Retail

Lot Size

0.05

Year Built

1907

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6479270

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Heating Common

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1907

Property SubType Retail

Tax Year 2022

Current Use Commercial

Accessibility Door Lever Handles Other

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Auditors Sub 187

Directions Lyndale to West Lake Street to property.

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Zoning Description Business/Commercial Other

Total Units 1

Street Name Lake

Land Lease Y/N N

Tax Annual Amount 27333

Additional Parcels Y/N N

Days on Market 45

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) Y

Street Suffix Street

Fuel Natural Gas

Exterior

Parking Features Parking Garage

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.05

Building Area Total 6650

Lot Dimensions 50 by 50

Lot Size Units Square Feet

Foundation Area 2340

Internal Only

Street Number 1 710

* Excluded Features

List By

Commercial Properties

Broker

cpsre@comcast.net

Affordability Calculator

$7,831

Per Month

Monthly Principal & Interest: $5,553
Monthly Property Taxes: $2,278
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 ^$1,081,128

Percent of Sale Price 36%

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
1/19/2024	$795,000		Listed Price

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710 W Lake Street, Minneapolis, MN, 55408 is a Commercial Property for sale at $795,000 with 6,650 sqft and a lot size of 0.05. 710 W Lake Street is a studio with 0.0 baths and was built in 1907. The property's zip code is 55408 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 4/27/2024.

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710 W Lake Street

Commercial Property for sale in Minneapolis, MN

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