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    701 W Lake Street

    Minneapolis, MN 55408
    • $1,950,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 5617158
    $1,950,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,320
      SQFT
    • $189
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1901
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Standard Commercial.

    Description

    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.

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    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Happy Clients Realty Advisors | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Happy Clients Realty Advisors | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Happy Clients Realty Advisors | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-10-01T00:07:53.927.

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    www.happyclientsrealty.com/homes/107579319
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    701 W Lake Street Minneapolis, MN 55408

    • Price: $1,950,000
    • Status: Active
    • ID#: 5617158
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    10,320
    SQFT
    $189
    $/SQFT
    1901
    Built
    Neighborhood:
    Auditors Sub 040
    County:
    Hennepin
    Area:
    Minneapolis
    School District:
    1 - Minneapolis
    Property Description
    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.
    Exterior Features

    Construction Materials Brick/Stone Foundation Area 3200 Lot Size Dimensions 80 X 45 Parking Features On-Street Parking Only Parking Open 0 Waterfront YN No

    Interior Features

    Heating Forced Air

    Property Features

    Accessibility Features None Additional Parcels YN No Contingency None Current Use RestaurantResidential Foreclosure Status No Fuel Natural GasElectric Inclusions LeasesBuildingLand Lender Owned No Neighborhood South Uptown Postal City Minneapolis Potential Short Sale No Property Sub Type Mixed Use School District Number 1 Sewer City Sewer - In Street Tax Annual Amount 40374 Tax With Assessments 46594.00 Tax Year 2019 Utilities Heating SeparateElectric SeparateElectric CommonHot Water Separate Water Source City Water - In Street Zoning Description Business/CommercialResidential-Multi-Family

    © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Standard Commercial. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Happy Clients Realty Advisors | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Happy Clients Realty Advisors | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Happy Clients Realty Advisors | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-10-01T00:07:53.927.

    Click here for Digital Millennium Copyright Act
     
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    Happy Clients Realty Advisors | Keller Williams Integrity Lakes
    1350 Lagoon Ave. #900
    Minneapolis MN, 55408
    Listing courtesy of Standard Commercial.