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$ 1,200,000
Est. payment | /mo
0.51 Acres Lot
$ 1,200,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Eustis & Stonemans Add
MLS Listing ID 6805720
Year Built 1928
Annual Tax Amount $29,121
Tax Year 2025
Contingent None
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 208 x 106
Property Description
Excellent owner user or investment opportunity along Lake Street. Site could be redeveloped for multi-family / mixed use or repurposed for retail, daycare or other business uses. Over half acre and 2/3 of a block on Lake Street. Property has been the home for a well established auto parts store for 25 years. Building is over 7,500 square feet above ground with ceiling heights from 18 to 30 feet. Another 4,000 square feet in basement with 10 ft ceilings that offer great storage, inventory or work space. Back addition has more storage, separate heat and overhead door to secured/fenced parking area. Off street parking lot included with space for estimated 25 cars. Solid building with tons of potential for new opportunities. Current tenant NNN lease through February 2026
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features Paved
Utilities Available Heating Separate
Present Use Retail
Building
Story One
Foundation 6924
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Block,Stucco
Schools
School District Minneapolis
Listed by Aaron Goldstein • Gold Group Realty, LLC
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Tom Ott
REALTOR® | Lic# 590400