1517 W Lake St

Minneapolis, MN 55408
  • $895,000

    Price
  • 0.09

    Acre

About the Listing 6274 - 502003226

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

Listing Highlights

Status Active
Days on Site 18
Property Type Commercial Sale
MLS ® 7134821
Year Built 1900
Lot/Acreage 0.09
County Hennepin
Neighborhood Calhoun Park
School District Minneapolis

Interior Details

  • Appliances: Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Air Cond: Central Air,Dual
  • Heating: Forced Air,Zoned,Electric
  • Fireplaces:
  • Floor:
  • Basement: Block,Full
  • Other: Balcony,Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Natural Woodwork,Porch,Panoramic View,Vaulted Ceiling(s),Washer/Dryer Hookup
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Split Rail
  • Garage Capacity: N/A
  • Lot Dimensions: 43x92
  • Zoning: Business/Commercial
  • Roof: Age 8 Years or Less,Asphalt,Rubber
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Asphalt,Guest Parking,Parking Lot,Paved Lot,More Parking Onsite for Fee,Unassigned

Financial Details

  • Tax Amount: $20,716
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0402824210031
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

1517 W Lake St Minneapolis, MN 55408

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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