, Minneapolis, MN 55406 (MLS# 6717497)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 15
Owner Occupied: Yes
Year Built: 2003
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Other
Foundation Size: 4884
Garage Stalls: 8
For Sale or Lease: For Sale
Acres: 0.22
Lot Dimensions: 129 by 76 x 129 x 76
Assessment Pending: Unknown

Property Features

Accessible: Other Air Conditioning: Central Air Assumable Loan: Not Assumable CMU Style: Retail/Shopping Center Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Current Use: Automobile Service Exterior: Block; Brick Veneer Fencing: Other Financing Terms: Other Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: None Lot Description: Corner Lot Miscellaneous Information: 2+ Lavatories; Auto Bay; Building Sign; Overhead Doors; Pole Sign; Three Phase On Site Utilities: Electric Common; Heating Common; Hot Water Common Overhead Door Clearance: 10-14 Feet Parking Characteristics: Parking Lot; Covered Potential Use: Retail Sewer: City Sewer - In Street Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-04
Closed Date: 2025-10-22
Sales Close Price: 1700000
Contingency: None
ListPrice: 1800000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55406
Complex/Dev/Subdivision: Rgt Dormans 1st Addn-Blks 1 & 31

Additional Parcels Information

Property ID #2: 3102923440156

Assessments

Tax With Assessments: 21448
Assessment Balance: 0

More Information

Basement

Foundation Dimensions: 4884

Building Information

Building Finished SqFt: 4884
Building SqFt: 4884
Ceiling Height: 11-15

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
Auto Bay: Yes
Building Sign: Yes
Overhead Doors: Yes
Pole Sign: Yes
Three Phase: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Door Height: 14
Garage Door Width: 9
Parking Lot: Yes
Covered: Yes

Public Survey Info

Range#: 23
Section#: 31
Township#: 29

Sale Options

Sale Includes: Building, Fixture/Equipment, Inventory

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 001 RGT DORMANS 1ST ADDN-BLKS 1 & 31 LOTS 12 AND 13 EX ST
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 4354
Property ID Number: 3102923440155
Tax Year: 2024
Tax Amount: 20020
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 4522 Lake Street E. is a prime retail + auto repair or redevelopment opportunity. Building 1 consist of 3,048 sq ft with 14' ceilings and 5 service bays that is situated on 9,583 sq ft lot with 15 on-site parking stalls and high visibility at the intersection of 46th Ave S and East Lake St. Building 2 is contiguous and consist of 1,836 sq ft on a 4,792 sq ft lot. The building has 14' ceiling with 3 drive-in doors and on-site parking. the property is being offered with all FFE used in the operation of the business.
Directions: Lake Street to property.

Accessible

Other: Yes

Air Conditioning

Central Air: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Block: Yes
Brick Veneer: Yes

Fencing

Other: Yes

Financing Terms

Other: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

None: Yes

Lot Description

Corner Lot: Yes

Sewer

City Sewer - In Street: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Retail/Shopping Center: Yes

Current Use

Automobile Service: Yes

Overhead Door Clearance

10-14 Feet: Yes

Potential Use

Retail: Yes