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Pending
$3,400,000
/mo   Edit
MLS# 5131680
2709 E Lake Street
Minneapolis, MN 55406
Commercial
Built 1909
0.33 acres
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: Pending
    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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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
    Chrissy
    Von Itter
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    Zajac
    TruStone
    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet