3543 Lake St, Minneapolis, MN 55406

5,463 SF | 100% Leased | Retail Building | Minneapolis, MN 55406 | $1,970,000 ($361/SF)

Date Added:
September 16, 2024
Days on Market:
17 days

Asking Price $1,970,000

Property Type
Retail
Square Feet
5,463 SF
Price / Square Foot
$361

Listing Contacts

Craig Weber
Craig Weber
Jeff Nobleza
Jeff Nobleza
  • Property Info

Property Overview

Value-Add Mix-Use property. Multiple PID's. Total of 20,381 sq ft for all buildings, Buyer needs to verify sq ft. Will include the parking lot (15 spaces) PID to the rear of the property, could be additional rent. Fantastic opportunity for the right investor to take over in the strong Minneapolis market. Billboard to add to the rent roll. Long term Tenants, both retail and apartments. Private tours, need to call or email to schedule. Limited times.
Have at the ready; a Letter of Credit or Proof of Funds.

Property Details

Class
C
Year Built
1937
Stories
2
Property Subtype
Storefront Retail/Residential
Lot Size (sq. ft)
10,019 SF

Highlights

  • Mixed Use fully Leased
  • Very well taken care of property by the same family of 40 years
  • Billboards that bring in extra income

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].