1500 E Lake St | Minneapolis, MN 55407
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- LoopNet Team
1500 E Lake St
Minneapolis, MN 55407
Specialty Property For Sale
·
16,160 SF
INVESTMENT HIGHLIGHTS
- Located in the vibrant East Lake neighborhood of Midtown Phillips.
- The building features a newly remodeled office, kitchenette, and board room as of 2021.
- There is an ADA bathroom on the main level.
- Within the Opportunity Zone which can offer certain tax incentives to investors.
- The HVAC system was updated in 2018.
- Excellent visibility on the main corridor, with strong connection to public transit, freeway access and an array of restaurants and businesses.
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | School | Year Built | 1937 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.19 AC | Parking Ratio | 1.24/1,000 SF |
| Building Size | 16,160 SF | Parcel Number | 35-029-24-43-0153 |
| Zoning | BFC6/CM2 - Business and/or Multifamily, Medium-Density Mixed-Use District | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 16,160 SF |
| No. Stories | 2 |
| Year Built | 1937 |
| Tenancy | Single |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | BFC6/CM2 - Business and/or Multifamily, Medium-Density Mixed-Use District |
| Parcel Number | 35-029-24-43-0153 |
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