1405 E Lake Street, Minneapolis, Minnesota 55407

MN, Minneapolis
$2,900,000
  • Commercial Sale Property Type
  • 1981 Year Built
  • Active Status
See All 30 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7061743
  • Price: $2,900,000
  • Year Built: 1981
  • Listing Status: Active
  • Office Name: Compass
  • Roof: Flat
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Parking Parking Lot,Paved Lot
  • Utilities Heating Common,Electric Common,Hot Water Common
  • Exterior Features Wood
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55407
  • Street: Lake
  • Street Number: 1405
  • Street Suffix: Street
  • Longitude: W94° 44' 43.1''
  • Latitude: N44° 56' 52.7''
  • Directions: Hwy 55 S, W onto E Lake St
  • Street Dir Prefix: E
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Compass
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: No Stairs External
  • Current Use: Restaurant,Laundromat
  • Foundation Details: Block
  • Levels: One
  • Lot Features: Tree Coverage - Light,Public Transit (w/in 6 blks)
  • Lot Size Dimensions: Irregular
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 36591.98
Listing Information
  • Co List Agent Mls Id: 506020715
  • Co List Office Mls Id: 200097
  • Co List Office Name: Compass
  • List Agent Mls Id: 506015148
  • List Office Mls Id: 200097
  • Modification Timestamp: 2026-09-25T21:52:05Z
  • Originating System Name: NorthStar
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