2629 LAKE ST E, MINNEAPOLIS, MN 55406

Specifications

Pickup address

300 South Sixth Street, A-600, Minneapolis, MN 55487

As stated by the seller. Always confirm on the source listing before bidding.

Full Description

Category Structure Address 2629 Lake St E, Minneapolis, MN 55406 Open House Date & Time 11/12/2026 Open House Morning Session: 10 am -12 pm Open House Afternoon Session: 1 pm-3 pm First Sale: Estimated Market Value 30 Day Sale (Initial sale) Opening Bid: $ 332,500.00 The opening bid reflects the property’s Estimated Market Value and will serve as the starting bid for the initial Estimated Market Value Sale. Second Sale: Minimum Bid 10 Day Sale (Follows initial EMV sale if unsold) Opening Bid: $41,377.24 The opening bid for the Minimum Bid Sale comprises delinquent taxes, cancelled special assessments at time of forfeiture, penalties, interest, and associated costs assigned to the property. This amount will serve as the starting bid for the Minimum Bid Sale. Property Type Commercial Building Lot Size 3,600 sq ft County Parcel ID 01-028-24-12-0098 Legal Description LOT 002, BLOCK 004, ADN V. G. HUSH'S ADDITION TO MINNEAPOLIS Ely 40 Ft Of Lots 1 And 2 Except St County Hennepin HOA N/A Current Title Abstract Second Floor 3 apartments on the second level First Floor Space for a restaurant First Floor Barber Shop First Floor Retail Space Exterior No Parking Spaces/ Street Parking Garage No Garage This lot is being sold on behalf of the Hennepin County. All properties are sold AS IS. Bidders must be knowledgeable about the property, bidding process and terms and conditions of sale. See attachments below . The Hennepin County makes no representation or warranty that this is a buildable site under applicable State and local law. Inquire with local land use/zoning authority with questions. Bid only on property that you intend to purchase. A winning bid constitutes a legally binding contract. Hennepin County reserves the right to cancel the sale or reject any and all bids at any time. Items must be paid for in full within ten days from the date of the award. If not paid and claimed, Hennepin County reserves the right to auction, in its sole discretion, any such items after the aforementioned ten-day period. Payment may be made in the form of a money order or cashier’s check made payable to "Surplus Services". Cash will not be accepted. The winning bidder of this lot should mail or drop off payment by certified check or money order payable to “Surplus Services”. Surplus Services, 5420 Rice Creek Parkway, Arden Hills, MN 55112. FEES: At the closing of the sale, the following fees will be collected: Assurance Fee: 3% of the total sales price State Deed Recording Fee: $51.00 Deed Preparation Fee: $25.00 Deed Tax $.0034 of the total sales price Example: EXAMPLE OF COSTS TO EXPECT BASED ON $200,000.00 OFFER Purchase Price:............................................................ $200,000.00 3% Assurance Fee:....................................................... $6,000.00 Deed Preparation Fee:.................................................. $25.00 Filing Fees:................................................................... $51.00 State Deed Tax (Price x .0034)........................................ $680.00 TOTAL $206,756.00 For specific questions about the property inquire at tflrealestate@hennepin.us. Please specify property number. Region: Twin Cities Metro Area. Sold as-is, where-is through MNBid, the State of Minnesota's surplus auction site. Pickup only.