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Active
$3,400,000
/mo   Edit
MLS# 5131680
2709 E Lake Street
Minneapolis, MN 55406
Commercial
0.33 acres
Built 1909  ●  Minneapolis schools
Info: 763-576-8286
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    Description:   Crowning Jewel of Downtown Longfellow The Historic & Iconic Odd Fellows Building 32, 294 SF, 42, 959 Total square feet rich in history. 2709 Lake St E. Minneapolis, Mn 55406 Retail Investment Property, Multiple tenants, 4 floors, varied uses, presently 3 restaurants, 2 night clubs, banquet space, radio station, television station and retail options which include popular Latino Night Club and Restaurant, El Nuevo Rodeo, Telemundo Minnesota, La Raza 95.7
    List Price: $3,400,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1909
    Neighborhood/Area: Longfellow
    City: Minneapolis
    Zip Code: 55406

    Interior

    Building Fin Sq Ft: 32,998 ft²
    Basement Details: Partial

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 12,163 ft²
    Road Frontage: City
    Handicap Accessible: Wheelchair Ramp, Elevator
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 2
    Roof Details: Flat, Tar/Gravel, Rubber

    Lot

    Acres: 0.33
    Lot Description: Corner Lot
    Latitude: 44.94810700
    Longitude: -93.23273200
    Lot Size Dim.: 157x90
    Dev/Complex Name: V G Hushs Add
    Zoning: Business/Commercial

    Schools

    School District: 1 - Minneapolis
    District Phone: 612-668-0000

    Expenses

    Tenant Expenses: Taxes, Water/Sewer, Electric, Fuel, Maintenance/Repair, Janitorial, Trash, Snow, Lawn

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $89,218
    Assessment Pending: Unknown
    Taxes w/ Assessments: $89,218

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 0
    Total Rooms in Unit 3: 0
    Total Units: 7
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Restaurant, Tavern/Lounge, Food Service, Business Service, Professional Service, Commercial, Retail
    Fuel System: Natural Gas
    Miscellaneous: 440 Volt, Three Phase
    Owner Occupied: Y
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Jeff
    Zajac
    TruStone
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    Jeff Zajac
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    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet