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1600 W Lake Street, Minneapolis, MN 55408
MLS# 6389215

$17



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Property Description
There is no other location around the Twin Cities metro area quite like Uptown, and perhaps no other area with the same amount of opportunity for business owners who are seeking to pivot and find outstanding opportunities while also reinvesting and rebuilding one of our greatest business district neighborhoods. The stucco building with Spanish red tile roofing, is a historic mixed use development with boutique street front retail and restaurants, charming upper unit offices and residents. Offering flexible leases and terms, including NNN or Gross leases and generous tenant improvement (TI) packages, the center also provides well-lit dedicated parking to its tenants. This property is located within walking distance to our City’s most prized tourist destination, the Chain of Lakes; Bde Maka Ska and Lake of the Isles, located just west of the building. The Chain of Lakes provide pedestrian walking trails, dog parks, cleared ice skating rinks, boat docks, soccer and volleyball courts,

Summary
Accessibility Features:  None Heating:  Forced Air
Lot Dimensions:  19,307 SF Map Coordinate Source:  King's Street Atlas
Sewer:  City Sewer/Connected Water Source:  City Water/Connected
Zoning:  Business/Commercial Legal Description:  BLOCK 009 DEANS ADDN TO MPLS LOTS 11 AND 12
Parking Features:  Uncovered/Open Tax With Assessments:  56495
Year Built:  1939 Directions:  from St Paul, Minnesota, USA to 1600 W Lake St, Minneapolis, MN 55408, USA Take I-94 W to Hennepin Ave in Minneapolis. Take exit 231 B from I-94 W Continue on Hennepin Ave. Drive to W Lake St
Property ID Number:  3302924340039 Acres:  0.25
Lot Size SqFt:  10890 Original On Market Timestamp:  2023-06-19T09:39:08Z
Total Bathrooms Source:  MLS House Number:  1600
Status:  Active Contingency:  None
Contingency:  None Property Type:  Commercial
County:  Hennepin ListPrice:  17
Complex/Dev/Subdivision:  Deans Add List Date:  2023-06-19
On-Market Date:  2023-06-19T09:39:08Z On-Market Contract Date:  2023-06-19
Current Price:  17 Utilities:  Heating Common
Current Use:  Commercial; Office Possible Use:  Industrial; Office; Restaurant
Sale Includes:  Building,Land List Agent Full Name:  Patrick Corbett
List Office Mls Id:  25753 List Agent Mls Id:  506005328S
List Agent Originating System Mls ID:  506005328S List Office Originating System Mls ID:  25753
List Agent Association:  SPAAR Buyer Agent Association:  SPAAR
IDX Participant:  Yes Photos Count:  10
Lot Size Area:  0.25 Lot Size Units:  Acres
Current Price:  17 Unparsed First Line Address:  1600 W Lake Street
Source System ID:  FLEXMLS_NSTAR Originating System ID:  FLEXMLS_NSTAR
Property Type:  Commercial Originating System Listing ID:  6389215
:  The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. List AOR:  SPAAR
Heating:  Yes Last Modified:  2024-03-20T11:47:44Z


None
Allow Auto Valuation: Yes Allow Consumer Comment: Yes
MLSID: RMLS  


Contract Information
Owner is an Agent?: No Auction?: No


Office/Member Info
Association: SPAAR  


General Property Information
Lot Measurement: Acres Multiple PIDs?: No
Other Parking Spaces: 28 Year Built: 1939
Yearly/Seasonal: Yearly Zoning: Business/Commercial
Lot Dimensions: 19,307 SF Acres: 0.25
Foundation Size: 10959 For Sale or Lease: For Lease
Assessment Pending: No  


Location, Tax and Other Information
Legal Description: BLOCK 009 DEANS ADDN TO MPLS LOTS 11 AND 12 Map Page: 106
Municipality: Minneapolis Rental License?: No
School District Phone: 612-668-0000 Map Coordinate Source: King's Street Atlas
Zip Plus 4: 4208 Property ID Number: 3302924340039
Tax Year: 2022 Tax Amount: 53462
In Foreclosure?: No Potential Short Sale?: No
Lender Owned?: No  


Directions & Remarks
Public Remarks: There is no other location around the Twin Cities metro area quite like Uptown, and perhaps no other area with the same amount of opportunity for business owners who are seeking to pivot and find outstanding opportunities while also reinvesting and rebuilding one of our greatest business district neighborhoods. The stucco building with Spanish red tile roofing, is a historic mixed use development with boutique street front retail and restaurants, charming upper unit offices and residents. Offering flexible leases and terms, including NNN or Gross leases and generous tenant improvement (TI) packages, the center also provides well-lit dedicated parking to its tenants. This property is located within walking distance to our City’s most prized tourist destination, the Chain of Lakes; Bde Maka Ska and Lake of the Isles, located just west of the building. The Chain of Lakes provide pedestrian walking trails, dog parks, cleared ice skating rinks, boat docks, soccer and volleyball courts, Directions: from St Paul, Minnesota, USA to 1600 W Lake St, Minneapolis, MN 55408, USA Take I-94 W to Hennepin Ave in Minneapolis. Take exit 231 B from I-94 W Continue on Hennepin Ave. Drive to W Lake St


Assessments
Tax With Assessments: 56495  


Basement
Foundation Dimensions: 10,959 SF  


Building Information
Building Finished SqFt: 19307  


Lease Details
Land Leased: Not Applicable Lease Amount Type: Square Foot


Miscellaneous Information
FIPS Code: 27053 Homestead: No


Ownership
Fractional Ownership: No  


Public Survey Info
Range#: 24 Section#: 33
Township#: 29  


Sale Options
Sale Includes: Building,Land  


Unit Details
Total Units: 2  


Property Features
Accessible: None
Construction Status: Previously Owned
Exterior: Block
Fuel: Natural Gas
Heating: Forced Air
Lease Details: Triple Net
Neighborhood Name: East Isles
Parking Characteristics: Uncovered/Open
Sewer: City Sewer/Connected
Water: City Water/Connected
On Site Utilities: Heating Common
Current Use: Commercial; Office
Potential Use: Industrial; Office; Restaurant