3208 E Lake Street Minneapolis, MN ^$ 1,949,000

3208 E Lake Street

^$ 1,949,000

Back to search

3208 E Lake Street

Minneapolis, MN, 55406

^$ 1,949,000

Studio Baths0.0 Sq 3,926

Monthly Estimate*

^$ 13,614

3208 E Lake Street, Minneapolis, MN 55406 - Image 1

3208 E Lake Street, Minneapolis, MN 55406 - Image 2

3208 E Lake Street, Minneapolis, MN 55406 - Image 3

3208 E Lake Street, Minneapolis, MN 55406 - Image 4

Studio

Commercial Property for sale in Minneapolis, MN

for $1,949,000. This 3,926 square foot building was built in 1987 on a lot size of 0.44.

Former Car Wash with 8 bays and a large equipment room - masonry walls, precast concrete roof with rubber membrane and stone ballast. Clean environmental. Corner lot with over 19,000sqft and a 142ft Frontage on E. Lake Street. Has lots of onsite parking capability. Ideal for Redevelopment or Repurpose - such as mixed use housing, bank branch, Medical/Dental office, restaurant, Auto Service Center, etc.

Commercial Active

Price

^$ 1,949,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 12,375

Style

Lot Size

0.44

Year Built

1987

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6461035

Features

General

Sewer City Sewer/Connected

Heating Other

Utilities Electric Common Heating Common

Roof Flat Rubber

Garage Spaces 8

Construction Materials Block

Year Built 1987

Property SubType Other

Tax Year 2023

Current Use Vacant

Accessibility Other

Additional Parcels Description 3102923330097

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name South Minneapolis Add

Directions Midway between Minnehaha Ave and W. River Rd. Corner of East Lake Street and 32nd Ave.

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Zoning Description Business/Commercial

Total Units 1

Street Name Lake

Land Lease Y/N N

Tax Annual Amount 12375

Additional Parcels Y/N Y

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Exterior

Parking Features Concrete Paved

Water Source City Water/Connected

Inclusions Building Fixture/Equipment Land

Lot Size Area 0.44

Building Area Total 3926

Lot Dimensions 142x134

Lot Size Units Acres

Foundation Area 3926

Internal Only

Street Number 1 3208

* Excluded Features

List By

Home Realty Company

Broker

julianpishko@gmail.com

Affordability Calculator

$14,646

Per Month

Monthly Principal & Interest: $13,614
Monthly Property Taxes: $1,031
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,081,128

Percent of Sale Price 45%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/16/2023	$1,949,000		Listed Price

Map

More homes like this one

homes for you

See all

3208 E Lake Street, Minneapolis, MN, 55406 is a Commercial Property for sale at $1,949,000 with 3,926 sqft and a lot size of 0.44. 3208 E Lake Street is a studio with 0.0 baths and was built in 1987. The property's zip code is 55406 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

3208 E Lake Street

Commercial Property for sale in Minneapolis, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home