701 W Lake Street, Minneapolis

$2,250,000

0 Beds
0 Baths
0 Sqft
.08 Acres
0 Garages

Previous buyer got Corona-Jitters. Mixed use apartment and retail/restaurant building at the southwest corner of Lyndale and Lake in Minneapolis' popular Uptown neighborhood. Prieto Taquria bar/restaurant is on a 10-year NNN lease with 2% annual increases. 3 of 4 apartment units were upgraded in 2017. HVAC for the restaurant is separate. 4/4 apt units have been updated, entire building has been renovated. Mechanical is in great working condition. The remodeled apartments are really nice sizes. Buyer and buyer's agent to verify all info. and measurements. Please contact broker for CA and offering memorandum. Clean phase 1, 2 and soil samples. Turn Key investment.

Essential Information
MLS® #5249105
Price$2,250,000
Acres0.08
Year Built1901
TypeCommercial Sale
Sub-TypeMixed Use
StyleMixed Use
StatusActive
Community Information
Address701 W Lake Street
AreaSouth Uptown
SubdivisionAuditors Sub 040
CityMinneapolis
CountyHennepin
StateMN
Zip Code55408
Amenities
GaragesOn-Street Parking Only
Interior
HeatingForced Air
Exterior
ConstructionBrick/Stone
Additional Information
Days on Market125
Zoning

Business/Commercial,Residential-Multi-Family

Listing Details
OfficeStandard Commercial
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Listing information last updated on May 25th, 2020 at 12:20am CDT.