$1,970,000

3543 E Lake StreetMinneapolis, MN 55406

Type: Commercial

1922 Year Built

Description

Welcome to an unparalleled opportunity to obtain a well maintained and cared for property nestled in the hip and up and coming Longfellow neighborhood. 3535-3543 E Lake Street and 3002-3010 36th Ave S are three strategically positioned buildings, consisting of six commercial units and five inviting residential apartments, perfectly complemented by a 15-car parking lot. This investment gem also generates additional income through billboard rentals. Seize this chance to elevate your portfolio with a property designed for both stability and growth.

MLS ID: 6522404

Directions: East of Hiawatha Avenue on Lake Street to Address West of the Mississippi River

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Property Details

Essential Details

MLS #: 6522404

Listing courtesy of: Coldwell Banker Realty

Price: $1,970,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial, Other

Current Use: Residential, Retail

Total Units: 11

Parking Features: Parking Lot

Other Parking Spaces: 15

Building Details

Owner Occupied: No

Construction Materials: Brick/Stone

AccessibilityFeatures: None

Heating: Boiler

Style: Mixed Use

Year Built: 1922

Foundation Area: 9,215

Sewer: City Sewer - In Street

Water Source: City Water - In Street

Utilities: Heating Separate

Lot Details

Lot Dimensions: 91 X 100

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Taxes

Tax Year: 2023

Tax Amount: $38,622

Assessment Pending: No

Taxes w/Assessments: $38,622

This listing was last updated by Coldwell Banker Realty on 8/22/2024 at 3:35 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 9/7/2024 10:05 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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