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    4201 E Lake St Minneapolis, MN 55406

    For Sale
    $799,900

    Commercial - Minneapolis, MN

    Lot size:
    0.25 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 4201 E Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    0602823110042
    Parking features
    Garage, Garage - Attached, Parking Lot, Paved or Surfaced
    Exterior features
    Stucco
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1937
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Dylan A Maitland (952) 829-2900

    Listing date Nov 18, 2025

    MLS# 6812773 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Automotive Business & Real Estate

    This is an opportunity to own Auto Mart, an automotive sales business with real estate, located on a double corner lot in Minneapolis. The property includes a heated garage equipped with a lift and floor drain. Major updates were completed around 2009–2010, including the roof, electrical, plumbing, mechanical systems, and an expanded office area that features two offices and a restroom. Auto Mart has an average annual gross revenue of approximately $650,000. The business is known for its strong reputation, repeat clientele, and high-traffic exposure. The sale includes both the business and the property, excluding inventory. The property is zoned for business and commercial use and is situated on a lot of approximately 0.25 acres. This location offers visibility and future growth potential through online sales, service expansion, or marketing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Automart - Used Cars Used Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.21244
    Latitude
    44.948059

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    FAQs

    What type of property is this?
    Automotive property - Established automotive business with real estate in prime Minneapolis location.
    Where is this automotive property located?
    The property is located at 4201 E Lake St Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - Turnkey automotive business and real estate opportunity.; - Prime Lake Street location on a double corner lot.; - Established business with approximately $650,000 in annual gross revenue.
    (952) 829-2900
    Request Owner's contact information
    4201 E Lake St Minneapolis, MN 55406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4201 E Lake St Minneapolis, MN 55406
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