a Berkshire Hathaway affiliate

$3,400,000

2709 E Lake Street, Minneapolis


$3,400,000

Off-Market Date: 8/9/2019

($200,000) 3/15/2019

2709 E Lake Street Minneapolis, MN 55406

Pending MLS# 5131680

32,998 sq ft Commercial

Data current as of {{getLocalTime('2020-01-28T16:20:52Z')}}

Details

MLS# 5131680

Description for 2709 E Lake Street, Minneapolis, MN, 55406


Crowning Jewel of Downtown Longfellow The Historic & Iconic Odd Fellows Building 32,294 SF, 42,959 Total square feet rich in history. 2709 Lake St E. Minneapolis, Mn 55406 Retail Investment Property, Multiple tenants, 4 floors, varied uses, presently 3 restaurants, 2 night clubs, banquet space, radio station, television station and retail options which include popular Latino Night Club and Restaurant, El Nuevo Rodeo, Telemundo Minnesota, La Raza 95.7

Listing Information


Property Type: Commercial, Office,Other

Status: Pending

Lot Size: 0.33 Acres

Square Feet: 32,998 sq ft

Year Built: 1909

Foundation: 12,163 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: V G Hushs Add

Builder:

Foundation:

Total Units: 7

Current Use: Restaurant,Tavern/Lounge,Food Service,Business Service,Professional Service,Commercial,Retail

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 235

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: Partial

Accessibility: Elevator, Wheelchair Ramp

Additional Interior Features: 440 Volt

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate

Other Utilities:

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 2

Parking Description: Uncovered/Open, More Parking Offsite for Fee

Exterior: Brick/Stone

Roof: Flat, Tar/Gravel, Rubber

Lot View:

Lot Dimensions: 157x90

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Driving Directions


From Hwy 55 South, turn left onto E Lake St. Follow to 2709.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Taxes,Water/Sewer,Electric,Fuel,Maintenance/Repair,Janitorial,Trash,Snow,Lawn

Owner Pays:

Ownership Type: Owner Occupied

Tax/Property ID: 0102824120096

Tax Amount: $89,218

Tax Year: 2018

HomeStead Description: Non-Homesteaded

Price Changes


$3,600,000 Original Price
$3,400,000 Current Price
-$200,000 Total Change
Date Price Change
3/15/2019 11:11 AM $3,400,000 -$200,000
12/17/2018 11:19 AM $3,600,000

Sales History

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Schools nearby 2709 E Lake Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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Contingent and Pending statuses may not be available for all listings