Sign up to get new listings emailed daily! JOIN SIGN IN
(612) 840-1224
(612) 840-1224 Email (612) 840-1224
Michael Hunstad - Managing Broker
Real Estate is moving...and so are my clients!
REALTOR®, ABR, e-Pro, SFR, CRS & Broker
(612) 840-1224

1501 E Lake Street, Minneapolis, MN 55407

$2,750,000
SQUARE FEET 18,555
MLS# 7134755
SAVE TOUR PROPERTY
  • 1501 E Lake Street, Minneapolis, MN 55407 Main Photo

33 Photos

Ask a Question

Michael Hunstad - Managing Broker

Michael Hunstad - Managing Broker
Call: (612) 840-1224

STATUS: Active
PROPERTY TYPE: Commercial - Office
SCHOOL: Minneapolis
Call / TEXT TO ME / Map Listing / Print / Share / Email

Property Description

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!

1501 E Lake Street | MLS# 7134755

This commercial property located at 1501 E Lake Street, Minneapolis, MN 55407 is currently listed for sale with an asking price of $2,750,000. E Lake Street is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyhunstad.com today.

Property Features

Property Type: Commercial - Office
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.58 Acres
Roof Type: Flat, Rubber, Tar/Gravel
Stories: 3.0
Taxes: $62,676
Year Built: 2002

Feature Descriptions

Basement: Full
Current Use: Professional/Office, Commercial, Event Space, Office, Professional Service, Restaurant
Days on Site: 4
Exterior: Frame
Foundation Size: 7257
Handicap Accessible: Doors 36+, Lowered Switches/Controls
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 240X84
Owners Expense: Electricity, Escalation, Insurance, Janitorial Service, Repairs, Percentage Rent, Snow Removal, Taxes, Trash Collection
Parcel#: 0202824120254
Parking: Secured, Open
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sale Includes: Building, Business Assets
Sewer: City Sewer/Connected
Units: 5
Utilities: Electric Common, Heating Common
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: BRIX Real Estate
Agency Phone: 612-927-2749

Shown By

Agent Name: Michael Hunstad - Managing Broker
Agent Phone: (612) 840-1224
Agency Title: Counselor Realty

IDX logo

TOUR PROPERTY

Choose a date and time to see 1501 E Lake Street, Minneapolis, MN 55407.
An agent will get in touch to confirm your request shortly.

Request a Showing
Choose your video chat app
  • Wednesday September 2
  • Thursday September 3
  • Friday September 4
  • Saturday September 5
  • Sunday September 6
  • Monday September 7
  • Tuesday September 8
  • Wednesday September 9
  • Thursday September 10
  • Friday September 11
  • Saturday September 12
  • Sunday September 13
  • Monday September 14
  • Tuesday September 15
  • Wednesday September 16
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Near By

Powered by Yelp
Michael Hunstad - Managing Broker
Michael Hunstad - Managing Broker Office: (763) 231-5006 Cell: (612) 840-1224 Fax: (763) 427-8623 Email Me


By searching Listing Data you agree to this End User License Agreement

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Terms of Use

Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/01/2026. The listing information on this page last changed on 09/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/01/2026 12:00:49 AM EST) or RMLS-MN MLS (last updated Mon 08/31/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.


Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  

Login to My Homefinder

Forgot Password

Register