Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial land

    4113 E Lake St, Minneapolis, MN 55406

    0.05 ac lot Built 1900
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US46-0142972
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully leased Class B executive office building located at 4113-4123 E Lake St, Minneapolis, MN 55406, in Hennepin County. The property boasts a substantial 12,968 square feet of space, currently enjoying 100% occupancy. The building is offered at an asking price of $2,350,000. The lease structure is a gross lease, simplifying management and providing a consistent income stream for the owner. The single tenancy further streamlines operations and minimizes tenant management complexities. This property is ideal for investors seeking a stable, high-occupancy asset in a desirable Minneapolis location. The address is conveniently situated at 4113-4123 E Lake St, providing excellent access to local amenities and transportation networks. The building's classification as a Class B office space reflects its solid construction and functional design, suitable for a variety of executive office uses. The property's strong occupancy rate underscores its appeal and potential for long-term value appreciation. This is a rare opportunity to acquire a fully leased, high-performing commercial property in a thriving Minneapolis market. The property's location in Hennepin County offers further advantages in terms of access to resources and a strong local economy. This turnkey investment requires minimal effort to manage and offers immediate cash flow.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1900
    Lot 0.05 ac (2,178 SF)
    Zoning code C1
    APN 06-028-23-12-0004
    UPID US46-0142972
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.58M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.53M
    Owner & transaction history
    Kilwa LLC · 5 yrs held
    Kilwa LLC
    since 2021
    Last sale
    $1.5M
    3 recorded transactions
    2021
    $1.5M
    2000
    $460,000
    1969
    Zoning & alternative use
    C1 · Minneapolis, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message