About 3318 E Lake Street
You do not want to miss this great investment and cash flowing opportunity! Nicely located in the Longfellow neighborhood of Minneapolis and close to several local amenities, Easy access to major roadways and public transportation. This beauty consists of four commercial spaces and one 2 bed/1 bath unit, Many of the units have been rented with long term tenants, 11 Parking spots and on-street parking too! 1 Loading Dock for each lower space. Cosmetic TLC needed. Seller Financing Available.
Features of 3318 E Lake Street
| MLS® # | 6561135 |
|---|---|
| Price | $419,000 |
| Acres | 0.18 |
| Year Built | 1926 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 3318 E Lake Street |
|---|---|
| Area | Longfellow |
| Subdivision | South Minneapolis Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55406 |
Amenities
| Amenities | Other |
|---|---|
| Utilities | Electric Common, Heating Common, Hot Water Common |
| Parking | Asphalt, Guest Parking, On-Street Parking Only, Other, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater, Range, Refrigerator |
|---|---|
| Heating | Boiler |
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Public Transit (w/in 6 blks) |
|---|---|
| Roof | Age Over 8 Years, Rubber |
| Construction | Block, Stucco |
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 515 |
|---|---|
| Zoning | Business/Commercial |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $12,182 |
| Tax Year | 2023 |
Listing Details
| Office | Edina Realty, Inc. |
|---|
Listing Map
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