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Historic Mixed-Use Retail Building
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614 Lake Street, Minneapolis, MN 55408

Historic corner mixed-use building with residential units and second-generation salon retail space.

Property SizeContact for details
Days on Market288

Property Features for 614 Lake Street

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $72,051

Amenities

3
No Parking.

Building Details

Year Built 1900
Listing Agency: Keller Williams Realty Integrity Lakes
Listed By: Anthony Macon
Source: Xome
Added: Nov 5, 2025 Changed: Aug 16 Last Checked: Aug 20 at 5:16AM

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 Keller Williams Realty Integrity Lakes

Investment Insights

Based on property information with market context.

Historic mixed-use building on a prominent corner featuring a variety of residential units, including one-, two-, and three-bedroom apartments. The property also includes a commercial component with second-generation salon space suited for beauty-industry professionals.

The commercial space is positioned for strong visibility and foot traffic associated with the building’s iconic corner location at Lyndale Ave and Lake St.

Residential and commercial uses are combined within one structure, providing an in-place mix of apartment units and dedicated salon-type retail space.

Key Highlights

  • Historic mixed‑use building with residential units plus second‑generation salon retail space
  • Residential unit mix includes one-, two-, and three‑bedroom apartments
  • Salon space suited for beauty‑industry professionals such as hair, lash, and nail technicians

Property Analytics

Current Use

The Lasherie Hair Salon The Lasherie & Brow Lounge Hair Salon Laura Seaboy Esthetics ... Spa & Massage Center Emerald City Studio Hair Salon SuiteSpot Salonspa Hair Salon

Suggested Use

Top Pick Garden Center Pet Grooming Service HVAC Service (Bike/Boat/Book/etc) Store Tanning Salon Locksmith

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

Location Intelligence

Trade Area within ½ mile

3,773
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Dining 37% Shops & Services 15% Apparel 3%
Cub Foods Groceries
30,982 visits/mo 0.3 miles
Aldi Groceries
21,610 visits/mo 0.4 miles
McDonald's Dining
16,650 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
14,647 visits/mo 0.3 miles
Speedway Shops & Services
14,134 visits/mo 0.1 miles

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 Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Historic corner mixed-use building with residential units and second-generation salon retail space.
Where is this residential income property located?
The property is located at 614 Lake Street Minneapolis, MN.
What are key features of this property?
This property features: Historic mixed‑use building with residential units plus second‑generation salon retail space; Residential unit mix includes one-, two-, and three‑bedroom apartments; Salon space suited for beauty‑industry professionals such as hair, lash, and nail technicians
More about this property
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