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$1,250,000

  • For Sale
  • Active
  • Commercial
  • 10,050 Sq. Ft.
  • 0.24 Acres
See This Home
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This is remarkable opportunity for an owner-user or investor to own a well maintained office building that has tons of potential for its next owner! The current non-profit owner has one smaller tenant in the building; who will vacate upon sale. Ability to keep this as a multi-tenant or single tenant property. Corner lot, standlone building with 14 stall off-street parking lot. PRIME location on Lake Street with ample space on all 3 levels. Elevator, Kitchenette & Conference Room in Lower Level, plus a light-filled main level entrance welcomes your guests and employees.

Full Property Details for 3702 E Lake St

General

  • Price: $1,250,000
  • Taxes: $307 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7117531
  • Updated: 8/10/2026
  • Added to Site: 29 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 14
  • Parking Features: Off Site, Paved Lot, Open

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Nesbitts Add
  • Neighborhood: 44
  • Driving Directions: Lake Street to 37th Avenue, the property is on the North side corner. Off street parking behind building.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished
  • Foundation Size: 3350
  • Roof: Age Over 8 Years, Flat
  • Disability Access: Accessible Elevator Installed
  • Square Feet: 10,050
  • Finished Down/Base.: 10,050 Sq. Ft.
  • Current Bldg. Use: Office, Professional Service
  • Year Built: 1957

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Dimensions: 128 x 80
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot

Financial Considerations

  • Tax Amount: $307
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: BLOCK 004 NESBITTS ADDN TO MPLS LOTS 15 AND 16
  • Inclusions: Building
  • Property ID: 3102923340100

Listed by Keller Williams Realty Integrity Lakes

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— 3702 E Lake St —

  • Keller Williams Realty Integrity Lakes

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3702 E Lake St

School District:Minneapolis Public School District
NameGradesDistance
Anishinabe Academy
3100 East 28th Street, Minneapolis, MN 55406
PK-50.5 mi
Dowling Elementary School
3900 West River Parkway, Minneapolis, MN 55406
K-51.3 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-82 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3702 E Lake St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/28/2026
Listed
$1,250,000
354.55%
MLS
2/27/1998
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3702 E Lake St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$307
-96%
-100%
2025
$8,051
12%
$275,200
4%
2023
$7,192
10%
$264,400
12%
2023
$6,548
—
$236,100
15%
2023
$6,548
9%
$205,300
7%
2020
$5,990
5%
$191,900
5%
2019
$5,679
30%
$182,800
10%
2018
$4,381
-12%
$166,100
3%
2017
$5,002
109%
$161,300
117%
2016
$2,390
1%
$74,500
7%
2015
$2,369
-4%
$69,900
—
2014
$2,475
1%
$69,900
—
2013
$2,453
—
$69,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3702 E Lake Street, Minneapolis, MN 55406 (MLS# 7117531) is a Commercial property. 3702 E Lake Street is currently listed for $1,250,000 and was received on July 28, 2026. Want to learn more about 3702 E Lake Street? Do you have questions about finding other Commercial real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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