3702 E Lake Street, Minneapolis, MN 55406 (MLS# 7117531)

3702 E Lake Street, Minneapolis, MN 55406

$1,250,000
Property Type: Commercial Square Footage: 10,050 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $1,250,000 List Date: 7/28/2026 Last Modified: 9/09/2026

Overview

Description

This is remarkable opportunity for an owner-user or investor to own a well maintained office building that has tons of potential for its next owner! The current non-profit owner has one smaller tenant in the building; who will vacate upon sale. Ability to keep this as a multi-tenant or single tenant property. Corner lot, standlone building with 14 stall off-street parking lot. PRIME location on Lake Street with ample space on all 3 levels. Elevator, Kitchenette & Conference Room in Lower Level, plus a light-filled main level entrance welcomes your guests and employees.

Listing Details MLS# 7117531

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
Yes
Waterfront YN
No
Year Built
1957
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3350
Garage Stalls
14
For Sale or Lease
For Sale
Acres
0.24
Lot Dimensions
128X80
Assessment Pending
Unknown

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Elevator(s) CMU Style: Office Construction Status: Previously Owned Current Use: Office; Professional Service Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lot Description: Corner Lot On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Off Site; Paved Lot; Uncovered/Open Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
Inspection
ListPrice
1250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3702
Street Direction Prefix
E
Street Name
Lake
Street Suffix
Street
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55406
Complex/Dev/Subdivision
Nesbitts Add

Assessments

Tax With Assessments
307

Building Information

Building Finished SqFt
10050
Building SqFt
10050

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
31
Township#
29

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes

Documents

IDX
Listing Office: Keller Williams Realty Integrity Lakes
Last Updated: September - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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