Property for Sale in Minneapolis
1405 E Lake Street
Minneapolis, MN 55407

Price
$3,200,000

MLS #
7061743

Status
Active


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Property Details

Year Built
1981

Parking Features
Parking Lot,Paved Lot

Zoning
Business/Commercial

2026 Property Taxes
$36,592

School District
Minneapolis

County
Hennepin


Positioned along the vibrant East Lake Street corridor, this mixed-use commercial property offers a compelling blend of stability and future potential. Anchored by a high-volume laundromat and an operating restaurant, the property generates strong, diversified income. Set on one of the largest parcels in the immediate area, the site presents significant upside through expansion or redevelopment. Its prominent location benefits from consistent traffic, strong neighborhood demand, and proximity to key Minneapolis destinations. A rare chance to secure a sizable footprint in a high-demand urban corridor.


Hwy 55 S, W onto E Lake St


Hwy 55 S, W onto E Lake St

Features


Utilities
Electric Common,Heating Common,Hot Water Common

Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Foundation
Block

Additional Info


Listed By
Jad Hark of Compass

Listed
04/28/26 and last updated 05/27/26

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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