Strong investment property just two and a half blocks from beautiful Lake Bde Maka Ska on the edge of the Minneapolis’ vibrant Uptown area. This mixed-use building offers a rare opportunity to combine street-level retail visibility with spacious upper-level residential income. Positioned along West Lake Street, the property benefits from a dense urban trade area, strong nearby household incomes, and proximity to one of Minneapolis most recognizable commercial corridors. This property offers flexibility for an owner-user, investor, or small business operator seeking a recognizable Uptown address with both commercial frontage and residential space above. The combination of retail square footage, upper-level apartment area, historic character, and recent roof improvement creates a versatile opportunity in one of Minneapolis’ established urban neighborhoods.
Mixed-use building with main-level retail and upper-level apartment space.
• Owner-User Flexibility
• Lower Level Storage
• Top 2 Floors offer Residential Space
• Prime Uptown Minneapolis location at 1517 W. Lake Street
• Approximately 1,065 square feet of main-level retail space
• Approximately 1,541 total square feet across the second and third-floor apartment
• Building originally constructed in 1900
• Roof is approximately 2 years old
• Nearly 500,000 residents within 5 miles of the property
• Average household income within the area exceeds $100,000 per year