1530 Lake Street
Minneapolis, MN 55407

  • 0.18acres
Est. P&I payment: $2291.59/mo
1530 Lake Street, Minneapolis, MN 55407
  • 1530 Lake Street, Minneapolis, MN 55407 Photo 1
  • 1530 Lake Street, Minneapolis, MN 55407 Photo 2
Description for 1530 Lake Street, Minneapolis, MN 55407
Great location with high visibility. Lots of traffic. Three separate businesses with three separate addresses. Lots of parking in the rear. Info deemed Reliable but not guaranteed, Please, verify as needed.
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My Notes for MLS #4918438

General Features

  • Acres: 0.18
  • Current Use: Restaurant,​Business Service,​Other
  • Foreclosure Status: No
  • Year Built: 1905
  • Sale Includes: Building,​Land,​Leases
  • Total Number of Units: 3
  • Status: Active

Exterior Features

  • Exterior: Brick/Stone
  • Parking Characteristics: Uncovered/Open,​More Parking Onsite for Fee
  • Lot Dimensions: IRREGULAR

Interior Features

  • Building Finished Square: 6,672
  • Handicap Accessible: No Stairs External

Utilities Features

  • Heating: Forced Air
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Insurance Expense: 3,900
  • Annual Gross Expense: 29,704
  • Total Annual Expenses: 29,704
  • Annual Water/Sewer Expense: 1,980
  • Tenant Expenses: Electric,​Fuel,​Janitorial,​Cable T.V.
  • Annual Net Income: 51,746
  • Tax Amount: 12,324
  • Tax With Assessments: 14,926
  • Tax Year: 2017
  • Annual Gross Income: 81,180

Community Features

  • County: Hennepin
  • Municipality: Minneapolis
  • Postal City: Minneapolis (MN)
  • Neighborhood: East Phillips

School Features

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Misc Features

  • Foundation Size: 6,672
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No


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Directions to 1530 Lake Street, Minneapolis, MN 55407
Corner Of E. Lake Street & Bloomington Ave.
The listing information for 1530 Lake Street, Minneapolis, MN 55407 was graciously provided by our friends at the listing brokerage, Lakes Area Realty

Get Financing for 1530 Lake Street, Minneapolis, MN 55407

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $2291.59
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Last Updated 04/23/2018 at 8:17am
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