Property for Sale in Minneapolis
1517 W Lake Street
Minneapolis, MN 55408

Price
$895,000

MLS #
7134821

Status
Active


Request Showing

Property Details

Year Built
1900

Parking Features
Asphalt,Guest Parking,Parking Lot,Paved Lot,More Parking Onsite for Fee,Unassigned

Acres
0.09

Zoning
Business/Commercial

2026 Property Taxes
$20,716

School District
Minneapolis

County
Hennepin


Strong investment property just two and a half blocks from beautiful Lake Bde Maka Ska on the edge of the Minneapolis’ vibrant Uptown area. This mixed-use building offers a rare opportunity to combine street-level retail visibility with spacious upper-level residential income. Positioned along West Lake Street, the property benefits from a dense urban trade area, strong nearby household incomes, and proximity to one of Minneapolis most recognizable commercial corridors. This property offers flexibility for an owner-user, investor, or small business operator seeking a recognizable Uptown address with both commercial frontage and residential space above. The combination of retail square footage, upper-level apartment area, historic character, and recent roof improvement creates a versatile opportunity in one of Minneapolis’ established urban neighborhoods. Mixed-use building with main-level retail and upper-level apartment space. • Owner-User Flexibility • Lower Level Storage • Top 2 Floors offer Residential Space • Prime Uptown Minneapolis location at 1517 W. Lake Street • Approximately 1,065 square feet of main-level retail space • Approximately 1,541 total square feet across the second and third-floor apartment • Building originally constructed in 1900 • Roof is approximately 2 years old • Nearly 500,000 residents within 5 miles of the property • Average household income within the area exceeds $100,000 per year


South side of West Lake Street. Between Irving and Humbolt


South side of West Lake Street. Between Irving and Humbolt

Features


Utilities
Electric Separate,Heating Separate,Hot Water Common

Cooling
Central Air,Dual

Heating
Forced Air,Zoned

Sewer
City Sewer/Connected

Water
Public

Lot Size
43x92

Foundation
Block

Additional Info


Includes
Microwave,Range,Refrigerator,Stainless Steel Appliances

Listed By
Julie Trones of RE/MAX Results

Listed
09/04/26 and last updated 09/05/26

northstar Logo

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.

Similar Listings