1517 W Lake StreetMinneapolis, MN 55408
$895,000
0.09 acre lot
About this home
Strong investment property just two and a half blocks from beautiful Lake Bde Maka Ska on the edge of the Minneapolis’ vibrant Uptown area. This mixed-use building offers a rare opportunity to combine street-level retail visibility with spacious upper-level residential income. Positioned along West Lake Street, the property benefits from a dense urban trade area, strong nearby household incomes, and proximity to one of Minneapolis most recognizable commercial corridors. This property offers flexibility for an owner-user, investor, or small business operator seeking a recognizable Uptown address with both commercial frontage and residential space above. The combination of retail square footage, upper-level apartment area, historic character, and recent roof improvement creates a versatile opportunity in one of Minneapolis’ established urban neighborhoods. Mixed-use building with main-level retail and upper-level apartment space. • Owner-User Flexibility • Lower Level Storage • Top 2 Floors offer Residential Space • Prime Uptown Minneapolis location at 1517 W. Lake Street • Approximately 1,065 square feet of main-level retail space • Approximately 1,541 total square feet across the second and third-floor apartment • Building originally constructed in 1900 • Roof is approximately 4 years old • Nearly 500,000 residents within 5 miles of the property • Average household income within the area exceeds $100,000 per year
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1900
- Lot
- 0.09 acres
- Basement
- Block, Full
- Heating
- Electric, Forced Air, Zoned
- Cooling
- Ceiling Fan(s), Central Air, Dual
- Property taxes
- $20,716 a year
- Listed
- September 4, 2026
- MLS number
- 7134821
Listing courtesy of RE/MAX Results (Julie A Trones). MLS #7134821.
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How it compares
1517 W Lake Street, Minneapolis, MN 55408 is a single-family home built in 1900 in East Bde Maka Ska, listed for $895,000 on September 4, 2026 by RE/MAX Results. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 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.
- East Bde Maka Ska, 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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