1405 E Lake Street, Minneapolis, MN, 55407

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$3,200,000
7 Days On Site

1405 E Lake Street
Minneapolis, MN 55407

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1981
Built
Subdivision:
Williams Add
County:
Hennepin
Listing courtesy of Compass
Call Now: 1-888-960-REAL
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1405 E Lake Street1405 E Lake Street1405 E Lake Street1405 E Lake Street
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Monthly Payment (Est.)

$14,600
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Positioned along the vibrant East Lake Street corridor, this mixed-use commercial property offers a compelling blend of stability and future potential. Anchored by a high-volume laundromat and an operating restaurant, the property generates strong, diversified income. Set on one of the largest parcels in the immediate area, the site presents significant upside through expansion or redevelopment. Its prominent location benefits from consistent traffic, strong neighborhood demand, and proximity to key Minneapolis destinations. A rare chance to secure a sizable footprint in a high-demand urban corridor.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.85 Acres
Year Built 
1981
MLS® Number 
7061743
Status 
Active
Property Tax 
$36,591.98
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
0.85
Foundation 
Block
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Parking Lot
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Business/Commercial
Interior Features
Heating 
ElectricNatural GasForced Air
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Exterior Features
Lot Features 
Near Public Transit
Pool Features 
None
Road Frontage 
City Street
Roof 
Flat
Community Features
Roads 
Paved
School District 
1 - Minneapolis
Township 
Minneapolis
Schools
School District
1 - Minneapolis
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-05-06 09:25 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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