1517 W Lake Street, Minneapolis, Minnesota 55408

MN, Minneapolis
$895,000
  • Commercial Sale Property Type
  • 1900 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7134821
  • Price: $895,000
  • Year Built: 1900
  • Listing Status: Active
  • Office Name: RE/MAX Results
  • Roof: Asphalt,Rubber,Age 8 Years or Less
Features
  • Heating System Forced Air,Zoned
  • Cooling System Central Air,Dual
  • Basement Full,Block
  • Fence Split Rail
  • Parking Asphalt,Parking Lot,Guest Parking,More Parking Onsite for Fee,Unassigned,Paved Lot
  • Utilities Electric Separate,Heating Separate,Hot Water Common
  • Window Features Double Pane Windows,Blinds,Insulated Windows,Window Coverings,Screens
  • Exterior Features Stone,Wood
  • Flooring Wood
  • Sewer City Sewer/Connected
Appliances
  • Microwave
  • Refrigerator
  • Range
  • Stainless Steel Appliances
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55408
  • Street: Lake
  • Street Number: 1517
  • Street Suffix: Street
  • Longitude: W94° 41' 53.8''
  • Latitude: N44° 56' 53.3''
  • Directions: South side of West Lake Street. Between Irving and Humbolt
  • Street Dir Prefix: W
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: RE/MAX Results
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Wheelchair Ramp(s),Soaking Tub
  • Current Use: Commercial,Recreational,Retail
  • Foundation Details: Block
  • Lot Size Dimensions: 43x92
  • Number Of Units Total: 1
  • Possible Use: Office,Professional Service,Retail,Diversified,Income,Lounge/Bar
Financial
  • Tax Annual Amount: 20716
Listing Information
  • List Agent Mls Id: 502003226
  • List Office Mls Id: 6274
  • Modification Timestamp: 2026-09-05T17:26:08Z
  • Originating System Name: NorthStar
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