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    $389,900

  • Pending | MLS#: 5347507
  • 5,600Sq Ft
  • 0.20Acre

3028 E Lake Street Minneapolis, MN 55406

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Listing provided courtesy of: RE/MAX Preferred

Overview

Business/Investment opportunity in well established auto repair on E Lake Street. Please observe the property from across the street - do not disturb current business without approval to view. Sales include building, land and fixtures.

General Features

  • Tax Year 2019
  • Tax Amount $12,602
  • Subdivision South Side Add
  • Acres 0.2
  • Building Finished SqFt. 5,600
  • Directions 55 North to Lake East
  • Sale Includes Building,Inventory,Fixture/Equipment,Leases,Land
  • Foreclosure Status No
  • Owner Occupied N
  • Tenant Expenses Water/Sewer,Electric,Fuel,Maintenance/Repair,Janitorial,Trash,Snow,Lawn,Cable T.V.
  • Potential Short Sale No
  • Year Built 1901
  • County Hennepin

Building Features

  • Current Use Business Service
  • Exterior Brick/Stone
  • Garage Stalls 6
  • Heating Forced Air
  • Commercial Style Business Opportunity
  • Fuel Natural Gas

Property Features

  • Parking Description Attached Garage, Tandem, Heated Garage, Covered, Driveway - Asphalt
  • Road Frontage City, Paved Streets
  • Sewer City Sewer/Connected
  • Utilities Heating Common, Electric Common, Hot Water Common
  • Water City Water/Connected

Schools

  • School District 1 - Minneapolis

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Price & Status History

Days on Market

  • This property has been listed on the market for 144 days

Location

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Community Demographics for Zip Code 55406 (Minneapolis)

Housing Occupancy
  • Home Owners: 11,078 (64%)
  • Renters: 4,857 (28%)
  • Vacant: 1,386 (8%)
  • Total Housing Units: 17,321
Households
  • Average Household Size: 2.17
  • Housing Density (People per square mile): 7,019
Age Range (number of people)
  • Age 0-14: 6,806
  • Age 15-24: 3,509
  • Age 25-39: 5,100
  • Age 40-59: 9,666
  • Age 60-79: 7,827
  • Age 80+: 2,188
  • Total: 35,096

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 55406 (Minneapolis)

Public Schools in Zip Code 55406 (Minneapolis)

* This list of schools may not match the property above.

COMMUNICATION ARTS HIGH SCHOOL 2526 27TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6127288915 9th-12th
Grade Size Distribution
  • 9th: 9
  • 10th: 18
  • 11th: 18
  • 12th: 50
School Population
  • Teachers: 11
  • Students per Teacher: 8.6
  • Students: 95
  • Male/Female: 54/41
School District
  • MINNESOTA TRANSITIONS CHARTER SCH
  • 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127229013
District Population
  • Schools: 9
  • Full-Time Teachers: 111
  • Students per Teacher: 29.4
  • Staff: 155
  • Students: 3263
LIGHTHOUSE ACADEMY OF NATIONS 2600 26TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6127222555 9th-12th
Grade Size Distribution
  • 9th: 22
  • 10th: 96
  • 11th: 77
  • 12th: 50
School Population
  • Teachers: 11
  • Students per Teacher: 22.3
  • Students: 245
  • Male/Female: 112/133
School District
  • LIGHTHOUSE ACADEMY OF NATIONS
  • 2600 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127222555
District Population
  • Schools: 1
  • Full-Time Teachers: 11
  • Students per Teacher: 22.3
  • Staff: 19
  • Students: 245
MINNESOTA TRANSITIONS ALP 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6127229013 9th-12th
Grade Size Distribution
  • 9th: 1
  • 10th: 11
  • 11th: 30
  • 12th: 237
School Population
  • Teachers: 5
  • Students per Teacher: 55.8
  • Students: 279
  • Male/Female: 147/132
School District
  • MINNESOTA TRANSITIONS CHARTER SCH
  • 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127229013
District Population
  • Schools: 9
  • Full-Time Teachers: 111
  • Students per Teacher: 29.4
  • Staff: 155
  • Students: 3263
ROOSEVELT SENIOR HIGH 4029 28TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6126684800 9th-12th
Grade Size Distribution
  • 9th: 300
  • 10th: 323
  • 11th: 290
  • 12th: 249
School Population
  • Teachers: 61
  • Students per Teacher: 19.0
  • Students: 1162
  • Male/Female: 639/523
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
TRANSITIONS SR. HIGH 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6127229013 9th-12th
Grade Size Distribution
  • 9th: 19
  • 10th: 39
  • 11th: 51
  • 12th: 163
School Population
  • Teachers: 11
  • Students per Teacher: 24.7
  • Students: 272
  • Male/Female: 138/134
School District
  • MINNESOTA TRANSITIONS CHARTER SCH
  • 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127229013
District Population
  • Schools: 9
  • Full-Time Teachers: 111
  • Students per Teacher: 29.4
  • Staff: 155
  • Students: 3263
MINNESOTA TRANSITIONS MIDDLE 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6127210340 6th-8th
Grade Size Distribution
  • 6th: 18
  • 7th: 30
  • 8th: 31
School Population
  • Teachers: 8
  • Students per Teacher: 9.9
  • Students: 79
  • Male/Female: 42/37
School District
  • MINNESOTA TRANSITIONS CHARTER SCH
  • 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127229013
District Population
  • Schools: 9
  • Full-Time Teachers: 111
  • Students per Teacher: 29.4
  • Staff: 155
  • Students: 3263
SANFORD MIDDLE 3524 42ND AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6126684900 6th-8th
Grade Size Distribution
  • 6th: 128
  • 7th: 125
  • 8th: 123
School Population
  • Teachers: 21
  • Students per Teacher: 17.9
  • Students: 376
  • Male/Female: 219/157
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
DOWLING ELEMENTARY 3900 WEST RIVER PARKWAY MINNEAPOLIS, MN 55406 Phone: 6126684410 K-5th
Grade Size Distribution
  • Knd: 80
  • 1st: 81
  • 2nd: 80
  • 3rd: 80
  • 4th: 86
  • 5th: 81
School Population
  • Teachers: 32
  • Students per Teacher: 15.3
  • Students: 488
  • Male/Female: 262/226
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
HIAWATHA ELEMENTARY 4201 42ND AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6126684610 K-5th
Grade Size Distribution
  • Knd: 58
  • 1st: 54
  • 2nd: 55
  • 3rd: 49
  • 4th: 52
  • 5th: 51
School Population
  • Teachers: 18
  • Students per Teacher: 17.7
  • Students: 319
  • Male/Female: 165/154
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
LEADERSHIP ACADEMY 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6127229013 K-12th
Grade Size Distribution
  • Knd: 30
  • 1st: 38
  • 2nd: 17
  • 3rd: 27
  • 4th: 9
  • 5th: 15
  • 6th: 8
  • 7th: 10
  • 8th: 6
  • 9th: 11
  • 10th: 11
  • 11th: 9
  • 12th: 14
School Population
  • Teachers: 17
  • Students per Teacher: 12.1
  • Students: 205
  • Male/Female: 112/93
School District
  • MINNESOTA TRANSITIONS CHARTER SCH
  • 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127229013
District Population
  • Schools: 9
  • Full-Time Teachers: 111
  • Students per Teacher: 29.4
  • Staff: 155
  • Students: 3263
MINNESOTA TRANSITIONS CHARTER ELEM 3216 EAST 29TH ST MINNEAPOLIS, MN 55406 Phone: 6127299140 K-5th
Grade Size Distribution
  • Knd: 9
  • 1st: 20
  • 2nd: 22
  • 3rd: 18
  • 4th: 22
  • 5th: 16
School Population
  • Teachers: 12
  • Students per Teacher: 8.9
  • Students: 107
  • Male/Female: 52/55
School District
  • MINNESOTA TRANSITIONS CHARTER SCH
  • 2872 26TH AVE SOUTH MINNEAPOLIS, MN 55406
  • Phone: 6127229013
District Population
  • Schools: 9
  • Full-Time Teachers: 111
  • Students per Teacher: 29.4
  • Staff: 155
  • Students: 3263
MPS D/HH 3100 EAST 28TH ST MINNEAPOLIS, MN 55406 Phone: 6126685000 K-12th
Grade Size Distribution
  • Knd: 3
  • 1st: 2
  • 2nd: 4
  • 3rd: 2
  • 5th: 5
  • 7th: 2
  • 8th: 2
  • 9th: 5
  • 10th: 4
  • 11th: 3
  • 12th: 5
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 37
  • Male/Female: 25/12
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
NORTHROP ELEMENTARY 4315 - 31ST AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6126684520 K-5th
Grade Size Distribution
  • Knd: 67
  • 1st: 67
  • 2nd: 68
  • 3rd: 66
  • 4th: 49
  • 5th: 57
School Population
  • Teachers: 23
  • Students per Teacher: 16.3
  • Students: 374
  • Male/Female: 197/177
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
LONGFELLOW ELEMENTARY 3017 EAST 31ST ST MINNEAPOLIS, MN 55406 Phone: 6126684700 PreK-5th
Grade Size Distribution
  • PreK: 37
  • Knd: 36
  • 1st: 40
  • 2nd: 41
  • 3rd: 30
  • 4th: 36
  • 5th: 36
School Population
  • Teachers: 19
  • Students per Teacher: 13.5
  • Students: 256
  • Male/Female: 134/122
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
SEWARD ELEMENTARY 2309 28TH AVE SOUTH MINNEAPOLIS, MN 55406 Phone: 6126684950 PreK-8th
Grade Size Distribution
  • PreK: 18
  • Knd: 91
  • 1st: 94
  • 2nd: 103
  • 3rd: 103
  • 4th: 101
  • 5th: 82
  • 6th: 92
  • 7th: 96
  • 8th: 83
School Population
  • Teachers: 41
  • Students per Teacher: 21.0
  • Students: 863
  • Male/Female: 429/434
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312
SULLIVAN ELEMENTARY 3100 EAST 28TH ST MINNEAPOLIS, MN 55406 Phone: 6126685000 PreK-8th
Grade Size Distribution
  • PreK: 15
  • Knd: 73
  • 1st: 57
  • 2nd: 64
  • 3rd: 54
  • 4th: 52
  • 5th: 61
  • 6th: 71
  • 7th: 80
  • 8th: 99
School Population
  • Teachers: 54
  • Students per Teacher: 11.6
  • Students: 626
  • Male/Female: 309/317
School District
  • MINNEAPOLIS PUBLIC SCHOOL DIST.
  • 807 NE BRDWAY MINNEAPOLIS, MN 55413
  • Phone: 6126680000
District Population
  • Schools: 111
  • Full-Time Teachers: 2273
  • Students per Teacher: 15.5
  • Staff: 5249
  • Students: 35312

Private Schools in Zip Code 55406 (Minneapolis)

* This list of schools may not match the property above.

ST. HELENA SCHOOL 3200 E 44th St. Minneapolis, MN 55406 Phone: 6127299301 K-8th
Grade Size Distribution
  • Knd: 25
  • 1st: 18
  • 2nd: 18
  • 3rd: 22
  • 4th: 18
  • 5th: 28
  • 6th: 19
  • 7th: 22
  • 8th: 20
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 190
MINNEHAHA ACADEMY 4200 W River Pkwy Minneapolis, MN 55406 Phone: 6127298321 PreK-12th
Grade Size Distribution
  • PreK: 20
  • Knd: 66
  • 1st: 65
  • 2nd: 65
  • 3rd: 66
  • 4th: 66
  • 5th: 75
  • 6th: 99
  • 7th: 97
  • 8th: 98
  • 9th: 140
  • 10th: 137
  • 11th: 133
  • 12th: 126
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 1253

* School data provided by US Department of Education


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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional