3543 E Lake St - Storefront Retail/Residential FOR SALE


Minneapolis, MN 55406
$1,500,000 USD
612-968-0839
3543 E Lake St, Minneapolis, MN for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

3543 E Lake St
Minneapolis, MN 55406


HIGHLIGHTS

  • Mixed Use fully Leased
  • Very well taken care of property by the same family of 40 years
  • Billboards that bring in extra income
  • Potential to Increase Rents

OVERVIEW

Value-Add Mix-Use property. Multiple PID's. Total of 20,381 sq ft for all buildings, Buyer needs to verify sq ft. Will include the parking lot (15 spaces) PID to the rear of the property, could be additional rent. Fantastic opportunity for the right investor to take over in the strong Minneapolis market. Billboard to add to the rent roll. Long term Tenants, both retail and apartments. Private tours, need to call or email to schedule. Limited times. Have at the ready; a Letter of Credit or Proof of Funds.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C1

APN/PARCEL ID

06-028-23-21-0117,06-028-23-21-0118,06-028-23-21-0143

ASK ABOUT THIS PROPERTY

Craig WeberColdwell Banker Commercial Realty - JAC CommercialMore Info
612-968-0839

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Craig WeberColdwell Banker Commercial Realty - JAC CommercialMore Info
612-968-0839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.