Date
Details
Price
Change
Source
3/23/2026
Listed
$1,100,000
—
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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Property Description
TREMENDOUS INVESTMENT OPPORTUNITY! Come take a look at this nicely renovated building downtown Warroad! The building offers 17 apartments as well as prime Commercial Space in the heart of Warroad! The income generated from the building speaks for itself and offers any investor a unique opportunity to diversify their investment portfolio. The building has updated mechanicals, exterior finishes as well as extensive renovations done throughout the rental units.
Full Property Details
Full Property Details for 408 Lake St NE
General
- Price: $1,100,000
- Taxes: $15,590 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7041335
- Updated: 3/23/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: Open
Location
- County: Roseau
- Township: Warroad
- Driving Directions: In Warroad turn East on to Lake Street and go 3 blocks the property will be on your right hand side.
School Information
- School District: 2182 - Warroad
- High School District: Warroad
Heating & Cooling
- Cooling Type: None
- Heating Type: Boiler, Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Heating Common, Heating Separate, Hot Water Common
Structural Information
- Exterior Const.: Block
- Basement: Yes
- Foundation Size: 9040
- Disability Access: None
- Square Feet: 18,226
- Finished Down/Base.: 18,226 Sq. Ft.
- Current Bldg. Use: Commercial, Hotel/Motel
- Year Built: 1906
Lot Features
- Lot Size (Acres): 0.25
- Lot Dimensions: 115 x 115
- Zoning: Business/Commercial, Residential-Multi-Family
Financial Considerations
- Tax Amount: $15,590
- Tax Year: 2026
Disclosures and Reports
- Legal Description: LOTS 9-12 BLK 3; MOODYS ADDITION
- Inclusions: Fixture/Equipment
- Property ID: 560019000
Listed by Tru North Realty
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— 408 Lake St NE —
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NMLS#: 1598647
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Schools
Schools serving 408 Lake St NE
School District:Warroad Public School District
| Name | Grades | Distance |
|---|---|---|
Warroad Elementary School 510 Cedar Avenue Northwest, Warroad, MN 56763 | PK-6 | 0.8 mi |
Warroad High School 510 Cedar Avenue Northwest, Warroad, MN 56763 | 7-12 | 0.8 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 408 Lake St NE
Tax History
Tax History for 408 Lake St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,450
-8%
$732,300
—
2024
$17,845
—
$732,300
—
2023
$17,874
-12%
$732,300
25%
2022
$20,307
—
$584,300
-3%
2020
$20,298
-3%
$605,200
12%
2019
$20,989
-6%
$541,000
13%
2019
$22,426
52%
$476,700
-6%
2018
$14,732
-1%
$509,500
—
2017
$14,864
52%
$509,500
100%
2016
$9,810
—
—
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 408 Lake St NE
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- Commercial
- Active
- Updated 5 days ago
- 13,172Sq. Ft.
- 1.03Acres
Listed by USA Realty
408 Lake Street NE, Warroad, MN 56763 (MLS# 7041335) is a Commercial property. 408 Lake Street NE is currently listed for $1,100,000 and was received on March 23, 2026. Want to learn more about 408 Lake Street NE? Do you have questions about finding other Commercial real estate for sale in Warroad? You can browse all Warroad real estate or contact a Coldwell Banker agent to request more information.