3543 E Lake Street Minneapolis, MN 55406
For Sale MLS# 6522404
11,950 sq ft Commercial
Details for 3543 E Lake Street
MLS# 6522404
Description for 3543 E Lake Street, Minneapolis, MN, 55406
LARGE PRICE REDUCTION ! Welcome to an unparalleled opportunity to obtain a well maintained and cared for property nestled in the hip and up and coming Longfellow neighborhood. 3535-3543 E Lake Street and 3002-3010 36th Ave S are three strategically positioned buildings, consisting of six commercial units and five inviting residential apartments, perfectly complemented by a 15-car parking lot. This investment gem also generates additional income through billboard rentals.Seize this chance to elevate your portfolio with a property designed for both stability and growth.
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Lot Size: 0.21 Acres
Square Feet: 11,950 sq ft
Year Built: 1922
Foundation: 9,215 sq ft
Number Of Units Total: 11
Current Use: Residential,Retail
County: Hennepin
Days On Market: 270
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Other Utilities: Heating Separate
Heating: Natural Gas, Boiler
Exterior / Lot Features
Open Parking: 15
Parking Description: Parking Lot
Exterior: Brick/Stone
Lot Dimensions: 91 X 100
Zoning: Business/Commercial,Other
Additional Exterior/Lot Features: Land Inclusions - Building,Leases
Driving Directions
East of Hiawatha Avenue on Lake Street to AddressWest of the Mississippi River
Financial Considerations
Tax/Property ID: 0602823210117
Tax Amount: 38622
Tax Year: 2023
HomeStead Description: Non-Homesteaded
Price Changes
Date | Price | Change |
---|---|---|
01/08/2025 06.47 PM | $1,500,000 | -$200,000 |
10/04/2024 11.38 AM | $1,700,000 | -$270,000 |
04/19/2024 03.00 PM | $1,970,000 |
A broker reciprocity listing courtesy: Coldwell Banker Realty
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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3543 E Lake Street
Sales History
Date | Price | Change |
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Currently not available. |
Tax Summary
Tax Year | Estimated Market Value | Total Tax |
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Currently not available. |
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3543 E Lake Street
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Schools nearby | Grades | Distance | Rating |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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