1. Minnesota
  2. Minneapolis
  3. 1500 E Lake Street
$1

1500 E Lake Street, Minneapolis, MN 55407

  • 10,680 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $0/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

The iconic Avalon Theater is nestled in the vibrant East Lake Street neighborhood of Midtown Phillips. It is in the heart of a bustling Opportunity Zone, which can offer certain tax incentives to investors. Notable for the signature art deco exterior façade and towering marquee, this expansive space accommodates a variety of potential uses ranging from theater to community or educational space, place of worship, or fitness center. The options are truly vast. The building features a newly remodeled office, kitchenette, and board room (2021), updated HVAC system (2018), as well as an ADA bathroom on the main level. It has excellent visibility on a commercial corridor, strong connection to public transit, freeway access, & an array of restaurants, area businesses and a thriving residential community.

Listing Status:
Pending
Listing Office:
Assembly MN LLC : 612-978-3257
MLS ID:
6654590

This listing courtesy of Assembly MN LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mps Metro Sj

932 East 34th Street, Door #8, Minneapolis, MN, 55407

Grades KG-12

0.58 miles away

A

Andersen United Middle School

1098 Andersen Ln, Minneapolis, MN, 55407

Grades 6-8

0.42 miles away

S

South High School

3131 19th Ave S, Minneapolis, MN, 55407

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.