Fully Leased Shopping
For Sale
Contact for pricing
341 E Lake St, Minneapolis, MN 55408
Multiple properties combine retail, restaurant, salon, apartment, and parking uses.
Property SizeContact for details
Days on Market143
Property Features for 341 E Lake St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Units
Unit Mix
9 x studio
Multifamily Units
9
Building Details
Tenancy
Multi
Listing Agency:
Northstar Real Estate Associates
(651) 398-7653
Listed By:
Mohamed Abdulle · License #40596984
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 10:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northstar Real Estate Associates
Investment Insights
Based on property information with market context.
This fully leased shopping center offering spans multiple property addresses and includes a range of commercial and residential components. The Yusuf Center Mall comprises 325 and 327–349 E Lake Street, with tenants operating across restaurant and retail uses. A separate property at 3006 4th Ave houses a beauty salon.
The offering also includes 9 studio apartments at 3004 4th Ave S and a parking lot at 3013 Clinton Ave. Three additional properties may be available as part of a possible portfolio sale, expanding the scope of the offering beyond the identified center and supporting properties.
The offering also includes 9 studio apartments at 3004 4th Ave S and a parking lot at 3013 Clinton Ave. Three additional properties may be available as part of a possible portfolio sale, expanding the scope of the offering beyond the identified center and supporting properties.
Key Highlights
- 100% leased across the multi‑address offering
- Yusuf Center Mall spans 325 and 327–349 E Lake Street
- Tenant mix includes restaurants and retail businesses
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,436
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 55408, MN
33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Similar Off Market Nearby
- Karmel Mall — 2910 Pleasant Ave, Minneapolis, MN 55408
- Yusuf Corner — 2935 Pleasant Ave, Minneapolis, MN 55408
- City Networks LLC — 2910 Pillsbury Ave #353, Minneapolis, MN 55408
- karmel square.com — 2936-2944 Pillsbury Ave, Minneapolis, MN 55408
- Karmel Square — 200 W Lake St Ste 196, Minneapolis, MN 55408
Frequently Asked Questions
What type of property is this?
Shopping center - Multiple properties combine retail, restaurant, salon, apartment, and parking uses.
Where is this shopping center located?
The property is located at 341 E Lake St Minneapolis, MN.
What are key features of this property?
This property features: 100% leased across the multi‑address offering; Yusuf Center Mall spans 325 and 327–349 E Lake Street; Tenant mix includes restaurants and retail businesses
