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614 W Lake Street, Minneapolis, MN 55408

$1,725

Property Type: Commercial Bedrooms: 7 Baths: 6 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $1,725 List Date: 1/20/2026 Last Modified: 5/27/2026

Overview

Description

Historic mixed-use building located at the iconic corner of Lyndale Ave and Lake St. The property features a variety of residential units, including one-, two-, and three-bedroom apartments, many offering fantastic city views. The commercial component includes second-generation salon space, ideal for hair stylists, lash technicians, nail technicians, and other beauty-industry professionals. Prime location with strong visibility, foot traffic, and neighborhood character. Don’t miss this unique opportunity. All information deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information.

Listing Details MLS# 7010897

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 23946
For Sale or Lease: For Lease
Acres: 0.12
Lot Dimensions: Common
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None CMU Style: Apartments and Retail; Mixed Use Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Residential Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Forced Air Lease Details: Gross On Site Utilities: Electric Separate Parking Characteristics: None Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Original List Price: 1725
Contingency: None
ListPrice: 1725
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 614
Street Direction Prefix: W
Street Name: Lake
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Excelsior Add

Assessments

Assessment Balance: 7251
Tax With Assessments: 72052

Building Information

Building Finished SqFt: 23946

More Information

Lease Details

Land Leased: Not Applicable
Lease Amount Type: Yearly
Gross: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 34
Township#: 29

Sale Options

Sale Includes: Other

Unit 1

Unit Number: Yes
Monthly Rent: 2300
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 3
Level: 2nd Level
Leased?: No

Unit 2

Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1650
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 6

Unit 3

Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1775
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 7

Unit 4

Full Baths: Yes
Leased?: No
Level: 2nd Level
Monthly Rent: 1725
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 9

Unit 5

Leased?: No
Monthly Rent: 4500
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Unit Number: 614-4

Unit 6

Leased?: No
Monthly Rent: 3800
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Unit Number: 614-5

Unit Details

Total Units: 10

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 009 BLOCK 009 EXCELSIOR ADDN TO MPLS THAT PART LYING S OF THE N 2 FT
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 490
Property ID Number: 3402924330107
Tax Year: 2024
Tax Amount: 72051
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Historic mixed-use building located at the iconic corner of Lyndale Ave and Lake St. The property features a variety of residential units, including one-, two-, and three-bedroom apartments, many offering fantastic city views. The commercial component includes second-generation salon space, ideal for hair stylists, lash technicians, nail technicians, and other beauty-industry professionals. Prime location with strong visibility, foot traffic, and neighborhood character. Don’t miss this unique opportunity. All information deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information.
Directions: From I-94 take the Huron Blvd exit and head south. Continue onto Huron Blvd, then turn right on W Lake St. The property is located at 614 W Lake St, a few blocks down on the left.

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

None: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Apartments and Retail: Yes
Mixed Use: Yes

Current Use

Beauty/Barber Shop: Yes
Residential: Yes

Listing Office: Keller Williams Realty Integrity Lakes

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.