$2,900,000$
1405 E Lake Street
Minneapolis, MN, 55407
About 1405 E Lake Street
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.
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.
Listing Provided Courtesy of Compass
1405 E Lake Street Property Details
Price:
$2,900,000
MLS #:
NST7061743
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Williams Add
Neighborhood:
powderhornpark
Listed Date:
Apr 28, 2026
Lot Size:
37,026 sqft / 0.85 acres (approx)
Year Built:
1981
Schools
School District:
Minneapolis
Interior Features
Heating
Forced Air
Levels
One
Exterior & Lot Features
Accessibility Features
No Stairs External
Exterior Features
Wood
Lot Features
Public Transit (w/in 6 blks), Tree Coverage – Light
Parking Features
Parking Lot, Paved Lot
Roof
Flat
Property Taxes & Financial Details
Tax Year
2026
Taxes
$36,592
Location
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1405 E Lake Street
Minneapolis, MN
