1201 E Lake Street

Minneapolis, MN 55407 View Map $3,500,000 Schedule a Showing
Acres0.79
Year1926
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717
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Status: Pending
Property Type:Office
MLS #:5208443
On Site:241 Days
Lot Size:0.79 Acres
County:Hennepin
Exceptional Investment Opportunity with long-term tenants.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:1201 E Lake Street Minneapolis, MN 55407
County:Hennepin
City:Minneapolis
School System:Minneapolis
Neighborhood:Powderhorn Park
Zip Code:55407

Features / Amenities

Amenities: Natural Woodwork, Hardwood Floors, Tiled Floors, Paneled Doors, Security System, Indoor Sprinklers, In-Ground Sprinkler, Ethernet Wired, Broadband Available, Multiple Phone Lines
Appliances: Microwave, Refrigerator
Air Conditioning: Central
Heating: Forced Air
Fuel: Natural Gas

Property Features

Lot Size: 0.79 Acres
Lot Dimensions:172x116x49x120x117x23
Lot Description: Corner Lot, Tree Coverage - Light, Zero Lot Line, City Bus (w/in 6 blks)
Water: City Water/Connected
Sewer: City Sewer/Connected
Utilities: Heating Separate, Electric Common, Hot Water Common
Road Frontage: City, Paved Streets, Curbs, Sidewalks
Zoning:Business/Commercial
Directions:East Lake Street just east of 12th Ave S.

Tax and Financial Info

Sale Includes: Building, Land, Leases
Tax Amount: $69, 438.00
Tax Year: 2019
Annual Gross Expense: 270000.00
Total Annual Expenses: 5000
Annual Gross Income: 507084.00
Annual Net Income: 267084.00
Annual Trash Expense: 3271
Annual Maintenance Expense: 6272
Annual Insurance Expense: 5800

Schools

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1201 E Lake Street Minneapolis, MN 55407
 
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Listing Information Last Updated 12/8/2019
Listing provided courtesy of Edina Realty, Inc..
© Copyright 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 1201 E Lake Street Minneapolis, MN 55407 with the MLS Number 5208443 is currently listed at $3,500,000 and has been on the Minneapolis market for 240 days.

GeoCoordinates:
-93.257102
44.947939

List Price: $3,500,000

You are viewing the MLS property details of the home for sale at 1201 E Lake Street Minneapolis, MN 55407, which is located in the Powderhorn Park subdivision, includes 0 bedrooms and 0 bathrooms, and has approximately 0 sq.ft. of living area.