Minneapolis, MN 55408,711 W Lake ST #103
Minneapolis, MN 55408,711 W Lake ST #103
Minneapolis, MN 55408,711 W Lake ST #103
8
$80,000
$115,000
30.4%
Est.Price: ?

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6,098 Sqft Lot

711 W Lake ST #103 Minneapolis, MN 55408

Est. payment /mo
SOLD DATE : 01/13/2020

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Key Details

Sold Price $80,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Auditors Sub 040

MLS Listing ID 5273570

Sold Date 01/13/20

Year Built 1913

Tax Year 2019

Contingent None

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 10000

Property Description

Absolutely stunning location in UPTOWN! Great investment if you love Coffee or Board Games! Amazing once in a lifetime opportunity for an owner operator or team. Rock solid and loyal staff! No cheaper way to get an established kitchen in Uptown!! Add or extend existing product lines (Ice Cream?) for easy and instant profit. Located in beautiful Uptown at Lake & Lyndale. Location is absolutely PRIME. $30K/mo in revenue with low rent and good lease terms. it's hard to beat this opportunity. Very modest asking price well below inventory & equipment/buildout costs (Includes $25K Italian espresso machine!)

Location

State MN

County Hennepin

Zoning Business/Commercial

Interior

Heating Boiler

Cooling Window Unit(s)

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Common, Heating Common

Present Use Restaurant, Retail

Building

Foundation 1300

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Minneapolis

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Listed by Michael Russo • Joe Sorenson Realty

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Michael Quinones

Agent | License ID: 40411540

+1(507) 990-7961

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