1405 E Lake ST, Minneapolis, MN 55407
1405 E Lake ST, Minneapolis, MN 55407
1405 E Lake ST, Minneapolis, MN 55407
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$3,200,000
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0.85 Acres Lot
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1405 E Lake ST Minneapolis, MN 55407

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Williams Add

MLS Listing ID 7061743

Year Built 1981

Annual Tax Amount $36,591

Tax Year 2026

Contingent None

Lot Size 0.850 Acres

Lot Dimensions Irregular

Property Description

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.

Location

State MN

County Hennepin

Zoning Business/Commercial

Interior

Heating Forced Air

Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land

Fireplace No

Exterior

Parking Features Parking Lot, Paved Lot

Pool None

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Flat

Present Use Laundromat,Restaurant

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story One

Foundation 4255

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Minneapolis


Listed by Jad Hark • Compass
Nearby Locations
Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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1405 E Lake ST