Date
Details
Price
Change
Source
11/03/2025
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$799,900
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1/26
Property Description
Turnkey Automotive Business & Real Estate - Prime Lake Street Location! Exceptional opportunity to own Auto Mart, a well-established automotive sales business with real estate on a double corner lot in the heart of Minneapolis. The property features a heated garage with lift and floor drain, plus major updates completed around 2009-2010 including roof, electrical, plumbing, mechanicals, and an expanded office area with two offices and a restroom. Auto Mart averages approximately $650,000 in annual gross revenue and is known for its strong reputation, repeat clientele, and high-traffic exposure. Sale includes both the business and property (excluding inventory)-a rare chance to own a profitable, long-standing operation with excellent visibility and future growth potential through online sales, service expansion, or marketing.
Full Property Details
Full Property Details for 4201 E Lake St
General
- Price: $799,900
- Taxes: $12,940 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 6812773
- Updated: 1/5/2026
- Added to Site: 75 day(s) ago
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Floor Drain, Garage Door Opener, Parking Lot, Paved Lot
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Riverview Add
- Neighborhood: 15
- Driving Directions: E Lake Street to shop on North, just West of the Mississippi River
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- 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
- Foundation Size: 1500
- Roof: Asphalt, Rolled/Hot Mop
- Disability Access: None
- Square Feet: 1,500
- Finished Down/Base.: 1,500 Sq. Ft.
- Current Bldg. Use: Automobile Service, Professional/Office, Commercial, Other
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.25
- Lot Dimensions: 135 x 81
- Frontage: Paved Streets, Sidewalks, Street Lights
- Potential Use: Other, Service Station, Shop
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $12,940
- Tax Year: 2025
- Terms: Contract for Deed, Conventional, Cash, Other, Special Funding
Disclosures and Reports
- Legal Description: BLOCK 002 RIVERVIEW ADDN TO MPLS W 83 FT OF LOTS 19 AND 20 EXCEPT PART TAKEN FOR STREET and W 83 FT OF LOTS 19 AND 20 EXCEPT PART TAKEN FOR STREET
- Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
- Property ID: 602823110042
Listed by RE/MAX Results
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Schools
Schools serving 4201 E Lake St
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Dowling Elementary School 3900 West River Parkway, Minneapolis, MN 55406 | K-5 | 1.2 mi |
Andersen Community 1098 Andersen Lane, Minneapolis, MN 55407 | 6-8 | 2.3 mi |
South Senior High School 3131 19th Avenue South, Minneapolis, MN 55407 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4201 E Lake St
Tax History
Tax History for 4201 E Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,947
17%
$345,000
10%
2023
$10,235
-11%
$314,000
5%
2023
$11,480
—
$299,000
10%
2023
$11,480
29%
$272,000
21%
2020
$8,892
2%
$225,000
5%
2019
$8,684
3%
$214,500
10%
2018
$8,453
-6%
$195,000
5%
2017
$9,016
9%
$185,900
13%
2016
$8,303
-5%
$164,500
—
2015
$8,727
-4%
$164,500
—
2014
$9,063
5%
$164,500
—
2013
$8,663
—
$164,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4201 E Lake St
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- Commercial
- Active
- Updated 9 days ago
- 0.25Acres
Listed by Northstar Real Estate Associates
- Commercial
- Active
- Updated 3 days ago
- 0.14Acres
Listed by MRG Realty Partners, LLC
- Commercial
- Active
- 3,034Sq. Ft.
- 2.39Acres
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- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 937Sq. Ft.
Listed by LPT Realty, LLC
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 2,621Sq. Ft.
Listed by RE/MAX Professionals
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 4Total Baths
- 2,556Sq. Ft.
Listed by Edina Realty, Inc.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 782Sq. Ft.
Listed by Keller Williams Premier Realty
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- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 937Sq. Ft.
Listed by Barb Davis | Jonna Kosalko (612) 695-3136
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,873Sq. Ft.
Listed by National Realty Guild
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 2,185Sq. Ft.
Listed by VIBE Realty
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,287Sq. Ft.
Listed by Keller Williams Integrity Realty
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- Commercial
- Closed
- Updated 12 days ago
- 12,911Sq. Ft.
- 0.51Acres
Listed by Gold Group Realty, LLC
Sold by HomeSmart Sapphire Realty
Sold by HomeSmart Sapphire Realty
- Single Family
- Closed
- 6Beds
- 3Total Baths
- 2,766Sq. Ft.
Listed by Knutson Realty Inc
Sold by Real Broker, LLC
Sold by Real Broker, LLC
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,800Sq. Ft.
Listed by Peggy James and Mary Kenney
Sold by Anderson Realty
Sold by Anderson Realty
- Single Family
- Closed
- 4Beds
- 4Total Baths
- 4,193Sq. Ft.
Listed by RE/MAX Results
Sold by The Hive
Sold by The Hive
4201 E Lake Street, Minneapolis, MN 55406 (MLS# 6812773) is a Commercial property. 4201 E Lake Street is currently listed for $799,900 and was received on November 03, 2025. Want to learn more about 4201 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.