1517 W Lake ST, Minneapolis, MN 55408
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1517 W Lake ST, Minneapolis, MN 55408
1517 W Lake ST, Minneapolis, MN 55408
1517 W Lake ST, Minneapolis, MN 55408
1517 W Lake ST, Minneapolis, MN 55408
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$ 895,000
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1517 W Lake ST Minneapolis, MN 55408

3,920 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Calhoun Park

MLS Listing ID 7134821

Year Built 1900

Annual Tax Amount $20,716

Tax Year 2026

Contingent None

Lot Size 3,920 Sqft

Lot Dimensions 43x92

Property Description

Strong investment property just two and a half blocks from beautiful Lake Bde Maka Ska on the edge of the Minneapolis' vibrant Uptown area. This mixed-use building offers a rare opportunity to combine street-level retail visibility with spacious upper-level residential income. Positioned along West Lake Street, the property benefits from a dense urban trade area, strong nearby household incomes, and proximity to one of Minneapolis most recognizable commercial corridors. This property offers flexibility for an owner-user, investor, or small business operator seeking a recognizable Uptown address with both commercial frontage and residential space above. The combination of retail square footage, upper-level apartment area, historic character, and recent roof improvement creates a versatile opportunity in one of Minneapolis' established urban neighborhoods.
Mixed-use building with main-level retail and upper-level apartment space.
• Owner-User Flexibility
• Lower Level Storage
• Top 2 Floors offer Residential Space
• Prime Uptown Minneapolis location at 1517 W. Lake Street
• Approximately 1,065 square feet of main-level retail space
• Approximately 1,541 total square feet across the second and third-floor apartment
• Building originally constructed in 1900
• Roof is approximately 2 years old
• Nearly 500,000 residents within 5 miles of the property
• Average household income within the area exceeds $100,000 per year

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Basement Block, Full

Kitchen Refrigerator, Dishwasher, Oven

Interior

Heating Forced Air, Zoned

Cooling Central Air, Dual

Flooring Wood

Inclusions Building

Fireplace No

Appliance Microwave, Range, Refrigerator, Stainless Steel Appliances

Exterior

Parking Features Asphalt, Guest Parking, Parking Lot, Paved Lot, More Parking Onsite for Fee, Unassigned

Fence Split Rail

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Roof Type Age 8 Years or Less,Asphalt,Rubber

Present Use Commercial,Recreational,Retail

Building

Foundation 1193

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Minneapolis


Listed by Julie Trones • RE/MAX Results
Joe Mack
Joe Mack

Agent

+1(952) 484-7071 | joe.mack@results.net

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1517 W Lake ST