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Two-Unit Office Building
For Sale
$1,250,000

3702 E Lake St, Minneapolis, MN 55406

1957-built, 10,050 SF office building with two units in a CM2-zoned space.

Property Size10,050 SF
Price / SF$124.38
Days on Market59

Property Features for 3702 E Lake St

General Information

Standard status Active
Size 10,050 SF
Zoning CM2

Additional Details

Office Units 2

Taxes and HOA fees

Annual Taxes $307

Building Details

Year Built 1957
Listing Agency: Commercial Investors Group LLC
Listed By: Chad Heer · License #40427410
Source: Exprealty
Added: Jun 26 Changed: Aug 23 Last Checked: Aug 23 at 4:18AM

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 Commercial Investors Group LLC

Investment Insights

Based on property information with market context.

This 10,050 SF office building was built in 1957 and is configured as two separate units within a CM2-zoned space. The property is offered for sale as a commercial real estate investment with a versatile office layout.

The building is located at 3702 E Lake St in Minneapolis, providing access to Minneapolis-area amenities and businesses as described in the listing remarks.

With two units in place, the configuration supports an office use and offers flexibility for an owner considering office or mixed-use investment objectives, as noted in the provided information.

Key Highlights

  • 10,050 SF office building built in 1957 at 3702 E Lake St, Minneapolis
  • Building includes two units in a CM2‑zoned space
  • Versatile layout suited for office or mixed‑use investment

Property Analytics

Current Use

CAPI USA - South ... Social Service Agency COPAL MN - Minneapolis Charitable Organization Southside Services Charitable Organization

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Nail Salon Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby

Demographics for 55406, MN

34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 1957-built, 10,050 SF office building with two units in a CM2-zoned space.
Where is this office building located?
The property is located at 3702 E Lake St Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10,050 SF office building built in 1957 at 3702 E Lake St, Minneapolis; Building includes two units in a CM2‑zoned space; Versatile layout suited for office or mixed‑use investment
More about this property
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