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4201 E Lake St
Minneapolis, MN 55406
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- well-established automotive sales business with real estate on a double corner lot in the heart of Minneapolis. The property features a heated garage
EXECUTIVE SUMMARY
Turnkey Automotive Business & Real Estate – Prime Lake Street Location! Exceptional opportunity to own Auto Mart, a well-established automotive sales business with real estate on a double corner lot (approximately .25 acre lot) in the heart of Minneapolis. The property features a heated garage with lift and floor drain, plus major updates completed around 2009–2010 including roof, electrical, plumbing, mechanicals, and an expanded office area with two offices and a restroom. Auto Mart averages approximately $650,000 in annual gross revenue and is known for its strong reputation, repeat clientele, and high-traffic exposure. Sale includes both the business and property (excluding inventory)—a rare chance to own a profitable, long-standing operation with excellent visibility and future growth potential through online sales, service expansion, or marketing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,500 SF
Building Class
C
Year Built
1990
Price
$1,116,596 CAD
Price Per SF
$744.40 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.25 AC
Zoning
C4
Parking
50 Spaces (33.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-028-23-11-0041 | Improvements Assessment | $0 CAD |
| Land Assessment | $109,488 CAD | Total Assessment | $109,488 CAD |
PROPERTY TAXES
Parcel Number
06-028-23-11-0041
Land Assessment
$109,488 CAD
Improvements Assessment
$0 CAD
Total Assessment
$109,488 CAD
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