$2,599,000

1108-1120 E Lake Street, Minneapolis, MN 55407

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$2,599,000

1108-1120 E Lake Street Minneapolis, MN 55407

For Sale MLS# 7042685

8,052 sq ft Commercial

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Data current as of 21/05/2026 16:52:10

Details for 1108-1120 E Lake Street

MLS# 7042685

Description for 1108-1120 E Lake Street, Minneapolis, MN, 55407


This is part of a portfolio package including the following properties:1108 E Lake St : 5,250 SF1112 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!

Listing Information


Property Type: Commercial, Retail/Shopping Center

Status: Active

Lot Size: 0.48 Acres

Square Feet: 8,052 sq ft

Year Built: 1911

Foundation: 2,684 sq ft

Garage: Yes

Number Of Units Total: 11

Current Use: Business Service,Professional Service

County: Hennepin

Days On Market: 57

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Basement: Full

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 32

Open Parking: 32

Parking Description: Parking Lot, Uncovered/Open, Attached Garage

Exterior: Brick/Stone

Roof: Flat

Lot Dimensions: 180x114

Zoning: Business/Commercial

Fencing: Wood

Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Leases,Other, Road Frontage - City

Driving Directions


LOT 012,013,014 BLOCK 001 ALLAN AND ANDERSON'S 2ND ADD TO MPLS

Financial Considerations


Tenant Pays: All Utilities

Owner Pays: Insurance

Gross Income: 279696

Tax/Property ID: 3502924340020

Tax Amount: 20758

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 1108-1120 E Lake Street

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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