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1402 W Lake St 16,937 SF Vacant Retail Building Minneapolis, MN 55408 $2,100,000 ($123.99/SF)
EXECUTIVE SUMMARY
Own a piece of Minneapolis history and shape the future of Uptown! This iconic building is a powerhouse opportunity for investors, developers, and entrepreneurs. With versatile commercial spaces and a rooftop that’s second to none in the Twin Cities, this property demands attention and delivers endless possibilities.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
16,937 SF
Building Class
B
Year Built
1914
Price
$2,100,000
Price Per SF
$123.99
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
13’
Building FAR
1.94
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C3A
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-029-24-43-0090 | Total Assessment | $3,049,800 (2024) |
| Land Assessment | $618,600 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,431,200 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
33-029-24-43-0090
Land Assessment
$618,600 (2024)
Improvements Assessment
$2,431,200 (2024)
Total Assessment
$3,049,800 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1402 W Lake St
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