1108-1120 E Lake Street Minneapolis, MN 55407 MLS# 7042685
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Property Description This is part of a portfolio package including the following properties:
1108 E Lake St : 5,250 SF
1112 E Lake St: 2,721 SF
⢠Redevelopment opportunities for affordable
housing. Development application is underway
and pending to be approved from various
government agencies.
⢠Commercial Mixed Use, Office spaces, Retail
spaces and more
⢠3 parcels , two buildings and parking lot!
Details
Maps
Contract Information
Status: Active
Current Price: 2599000
Contingency: None
ListPrice: 2599000
List Date: 2026-03-25
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 32
Owner Occupied: No
Waterfront Present: No
Year Built: 1911
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2684
Garage Stalls: 32
For Sale or Lease: For Sale
Acres: 0.48
Lot Dimensions: 180x114
Assessment Pending: No
Location Tax and Other Information
House Number: 1108-1120
Street Direction Prefix: E
Street Name: Lake
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Additional Parcels Information
Property ID #2: 35029240019
Property ID #3: 3502924240018,3502924340021
Assessments
Tax With Assessments: 21858
Building Information
Building Finished SqFt: 8052
Income and Expenses
Annual Gross Income: 279696
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Leases, Other
Unit Details
Total Units: 11
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: None
Basement: Full
CMU Style: Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Business Service; Professional Service
Exterior: Brick/Stone
Fencing: Wood
Foundation: Combination
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Contract for Deed; Conventional
Lot Description: Corner Lot
On Site Utilities: Electric Common; Heating Common; Hot Water Common