4113 Lake St Minneapolis, MN 55406

Property Details for 4113 Lake St

Year built

1900

Lot size

0.05 lot acres

Zone code

C1

Property type

Commercial land

APN

06-028-23-12-0004

APU

602823120004

Description

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.

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Longitude

-93.2132

Latitude

44.9481

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments