1501 E Lake StreetMinneapolis, MN 55407
$2.75 million
18,555 finished sq ft
About this home
6 Parcels including 2 buildings with over 15,000 finished square feet. Large 40+ stall parking lot. Includes 2 restaurant spaces with equipment, upper level event/wedding space, lower level office suite, 2 storefront shop rental spaces, and over 3000 square feet of additional unfinished basement space. Don't miss out, set up a viewing today!
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 2002
- Finished sq ft
- 18,555
- Basement
- Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $62,676 a year
- Listed
- August 27, 2026
- MLS number
- 7134755
Listing courtesy of BRIX Real Estate (Adam Duckwall). MLS #7134755.
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How it compares
1501 E Lake Street, Minneapolis, MN 55407 is a single-family home built in 2002 in Powderhorn Park, listed for $2.75 million on August 27, 2026 by BRIX Real Estate. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $148 per square foot here against $207 for the group). That works out to $148 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Powderhorn Park, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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