701 W Lake Street Minneapolis, MN $ 1,950,000
701 W Lake Street
$ 1,950,000
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701 W Lake Street

Minneapolis, MN, 55408
$ 1,950,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 9,298

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Commercial Property for sale in Minneapolis, MN

for $1,950,000. This building was built in 1901 on a lot size of 80 X 45.

Previous buyer got Corona-Jitters. Mixed use apartment and retail/restaurant building at the southwest corner of Lyndale and Lake in Minneapolis' popular Uptown neighborhood. Prieto Taquria bar/restaurant is on a 10-year NNN lease with 2% annual increases. 3 of 4 apartment units were upgraded in 2017. HVAC for the restaurant is separate. 4/4 apt units have been updated, entire building has been renovated. Mechanical is in great working condition. The remodeled apartments are really nice sizes. Buyer and buyer's agent to verify all info. and measurements. Please contact broker for CA and offering memorandum. Clean phase 1, 2 and soil samples. Turn Key investment.

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Style

Mixed Use

Lot Size

80 X 45

Year Built

1901

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

5617158

Features
Interior
Heating System Forced Air
Sewer City Sewer
Water Source City Water
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Exterior
Construction Brick/Stone
Separate Utilities Electric Meters Heat Hot Water
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Miscellaneous
Utilities Electric
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* Excluded Features
List By
Standard Commercial

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Affordability Calculator

$9,298
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,298
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 3.99% 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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701 W Lake Street, Minneapolis, MN, 55408 is a Commercial Property for sale at $1,950,000 with a lot size of 80 X 45. 701 W Lake Street has 0.0 baths and was built in 1901. The property's zip code is 55408 which is in Minneapolis, MN