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4010 E Lake St 2,425 SF Retail Building Minneapolis, MN 55406 $907,348 CAD ($374.16 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Fully remodeled mixed-use building in 2025
  • Open retail layout with lower-level kitchenette and shower
  • Flexible CM2 zoning for diverse commercial uses
  • Prime East Lake Street location in Longfellow neighborhood
  • Dedicated rear parking for staff and customers

EXECUTIVE SUMMARY

Discover a rare opportunity to own a fully remodeled mixed-use property in the heart of Minneapolis’ dynamic Longfellow neighborhood. Positioned along East Lake Street, this asset combines historic charm with modern upgrades, offering exceptional flexibility for retail and office users. Originally constructed in 1920 and completely renovated in 2025, the building delivers a fresh, contemporary aesthetic while preserving its classic character.
The main level features an open retail layout designed to maximize visibility and customer engagement, complemented by a convenient restroom. A partial lower level expands functionality with a kitchenette and an additional restroom equipped with a shower, ideal for office or service-oriented operations. Dedicated parking at the rear ensures ease of access for both staff and patrons—a rare advantage in this bustling corridor.
Strategically located near major transit routes and surrounded by a vibrant mix of local businesses, restaurants, and residential communities, the property benefits from strong foot traffic and excellent connectivity. The CM2 Mixed Use zoning enhances long-term value by supporting a variety of commercial and residential applications, making this an attractive investment for owner-users or developers seeking versatility in a high-demand urban setting.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,425 SF
Building Class
C
Year Built/Renovated
1920/2025
Price
$907,348 CAD
Price Per SF
$374.16 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.07 AC
Zoning
CM2 - Mixed Use Zoning
Frontage
29’ on Lake St

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Two Bettvs Green Cs
  • Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Two Bettvs Green Cs Services - - -
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Dunn Brothers Coffee
Huntington National Bank
Wells Fargo
YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-029-23-43-0040
Land Assessment
$81,645 CAD
Improvements Assessment
$358,309 CAD
Total Assessment
$439,954 CAD
  • Listing ID: 38570829

  • Date on Market: 2025-11-25

  • Last Updated:

  • Address: 4010 E Lake St, Minneapolis, MN 55406

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