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$2,900,000
172 Days On Site
1405 E Lake StreetMinneapolis, MN55407
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1981
Built
Subdivision:
Williams Add
County:
Hennepin
Listing courtesy of Compass
Call Now: 612.729.7130
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612.729.7130
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Positioned along the vibrant East Lake Street corridor, this mixed-use commercial property offers a compelling blend of stability and future potential. Anchored by a high-volume laundromat and an operating restaurant, the property generates strong, diversified income. Set on one of the largest parcels in the immediate area, the site presents significant upside through expansion or redevelopment. Its prominent location benefits from consistent traffic, strong neighborhood demand, and proximity to key Minneapolis destinations. A rare chance to secure a sizable footprint in a high-demand urban corridor.
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Listing Snapshot
Price
$2,900,000
Days On Site
172 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.85 Acres
Year Built
1981
MLS® Number
7061743
Status
Active
Property Tax
$36,591.98
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $2,900,000 | |
| 6 months ago | Status changed to Active | |
| 6 months ago | Listing first seen on site |
General Features
Acres
0.85
Foundation
Block
Land Lease
No
Levels
One
Number Of Stories
1
Parking
Parking Lot
Sewer
Public Sewer
Water Source
Public
Zoning
Business/Commercial
Interior Features
Heating
ElectricNatural GasForced Air
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Exterior Features
Lot Features
Near Public Transit
Pool Features
None
Road Frontage
City Street
Roof
Flat
Community Features
School District
1 - Minneapolis
Township
Minneapolis
Roads
Paved
Schools
School District
1 - Minneapolis
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass
Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-10-17 06:30 PM UTC
Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-10-17 06:30 PM UTC
Neighborhood & Commute
Source: Walkscore
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