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Commercial > Other
Sold
03/27/2023
Sold Price
$25,700,000$--/ft²

445 E Lake St
Wayzata, MN 55391

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 0.9
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1988
    Year Built
  • -
    DOM
  • 16
    Permits
445 E Lake St, Wayzata, MN 55391 is a property built in 1988 on a 0.880 acre lot with 16 construction permits. This property is currently off market, and it was last sold in 2023 for $25,700,000.

    Permits

    445 E Lake St has 16 permit records.

    Permit History
    16
    Permits
    September 9, 2022
    Description: Temp power for eventStatus: finalType: Electrical permitSub Type: Non-dwellingApplicant: Mark LeonardFees: $81Effective Date: 2022-09-09Permit Number: ELE2209-01332
    July 26, 2022
    Description: Small tenant improvement - install (2) new panelboards new fixtures and power for buildout of office spaceStatus: issuedType: Electrical permitSub Type: Non-dwellingApplicant: Morgan StanleyFees: $575Effective Date: 2022-07-26Permit Number: ELE2207-12535
    February 8, 2021
    Description: Disconnect old 500, 000 btuh boiler and wire new 600, 000 btuh boilerStatus: finalType: Electrical permitSub Type: Non-dwellingApplicant: 445 Lake St Limited PartnershipFees: $71Effective Date: 2021-02-08Permit Number: ELE2002-03702
    October 14, 2020
    Description: Replace 500, 000 btuh boiler with new lochinvar ftxl 600Status: finalType: Boiler installation permitFees: $120Effective Date: 2020-10-14Permit Number: BPV2001-00020
    February 12, 2020
    Project Name: 445 E Lake Street Boiler #1Description: Replace 500, 000 btuh boiler with new lochinvar ftxl 600 (2nd boiler in same location)Status: issuedType: Bpv boiler installBusiness Name: Gilbert Mechanical Contractors INCApplicant: 445 Lake St LpEffective Date: 2020-02-12Permit Number: BPV2002-00024
    June 5, 2019
    Description: Po 36041 david hucky 952-442-2761 relocate 33 fixtures & 11 cans furnish & install 3 switches 31 receptacles 13 tv openings 11 phone/data openings wire 4 furniture feeds 1 heat pump 1 operable gate power 4 card readersStatus: finalType: Electrical permitSub Type: Non-dwellingFees: $106Effective Date: 2019-06-05Permit Number: ELE1904-00964
    May 18, 2016
    Project Name: 445 LAKE BLDG CAR 1Description: New power unit starterStatus: finalType: Elv repairBusiness Name: Minnesota Elevator IncApplicant: 445 Lake St PartnershipFees: $415Effective Date: 2016-05-18Permit Number: ELV1604-00198
    January 12, 2016
    Project Name: 445 Lake Bldg Car 2Description: Remove and replace power unitStatus: finalType: Elv repairBusiness Name: Otis Elevator CompanyApplicant: 445 Lake St PartnershipFees: $406Effective Date: 2016-01-12Permit Number: ELV1512-00081
    July 21, 2014
    Project Name: 445 LakeDescription: Energy management panel retrofitStatus: finalType: Ele non dwellingSub Type: TechnologyBusiness Name: Vesta Technologies INCApplicant: 445 Lake St PartnershipFees: $40Effective Date: 2014-07-21Permit Number: ELE1403-02666
    July 21, 2014
    Project Name: City HallDescription: Install 1 100va transformerStatus: finalType: Ele non dwellingSub Type: GovernmentBusiness Name: AID Electric CorporationApplicant: 445 Lake St PartnershipFees: $40Effective Date: 2014-07-21Permit Number: ELE1405-02041
    October 4, 2013
    Project Name: Remodel of Some Private Offices Kec 20875Status: finalType: Ele non dwellingSub Type: GovernmentBusiness Name: Killmer Electric CO INCApplicant: Morgan StanleyFees: $75Effective Date: 2013-10-04Permit Number: ELE1309-08202
    December 13, 2012
    Project Name: TENANT REMODELStatus: finalType: Ele non dwellingSub Type: CommercialBusiness Name: Ben Franklin Electric IncApplicant: Morgan StanleyFees: $75Effective Date: 2012-12-13Permit Number: ELE1108-07154
    June 28, 2011
    Project Name: Remodel of Existing Tenant SpaceStatus: finalType: Ele non dwellingSub Type: CommercialBusiness Name: BEN Franklin Electric INCApplicant: Morgan StanleyFees: $185Effective Date: 2011-06-28Permit Number: ELE1105-04678
    April 4, 2011
    Project Name: General RemodelStatus: finalType: Ele non dwellingSub Type: CommercialBusiness Name: BEN Franklin Electric INCApplicant: Tamarack InvestmentsFees: $110Effective Date: 2011-04-04Permit Number: ELE1104-01032
    March 29, 2011
    Project Name: Disconnect and Reinstall Heat Pump ControlsStatus: finalType: Ele non dwellingSub Type: CommercialBusiness Name: Vesta Technologies INCApplicant: Tamarack InvestmentsFees: $40Effective Date: 2011-03-29Permit Number: ELE1102-03863
    March 29, 2011
    Project Name: Remodel of Existing Office Space on Main LevelStatus: finalType: Ele non dwellingSub Type: CommercialBusiness Name: BEN Franklin Electric INCApplicant: Tamarack InvestmentsFees: $110Effective Date: 2011-03-29Permit Number: ELE1102-04891

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$378,128.40
      From latest Total Assessed Value2.89%
      Total Assessed Value$13,095,000
      =
      Land
      Assessed Value      $7,647,000
      +
      Additions
      Assessed Value      $5,448,000

      • In 2023, taxes billed for 445 E Lake St were $378,128.4, which is 2.89% from latest Total Assessed Value of $13,095,000.

    Property History

    445 E Lake St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 445 E Lake St

    • Hazard Risks

      Carb Mono
      130
      Hail
      124
      Tornado
      119
      Nat'l Avg
      100
      Wind
      98
      Ozone
      92
      Air Pollution
      92
      Particulates
      83
      Lead
      81
      Weather
      57
      Earthquake
      8
      Hurricane
      0

      • 11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 445 E Lake St.

      Walkability Index

      17 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      445 E Lake St has a walkability score of 17 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      16 °F

      Low

      7°F

      High

      25°F

      Summer
      Average

      70 °F

      Low

      59°F

      High

      81°F

      In the winter at 445 E Lake St, temperatures range from 6.91°F to 25.42°F with an average of 16.17°F. In the summer, the temperature ranges from 59.07°F to 80.85°F with and average of 69.96°F.

    School Information

    Public/private schools serving 445 E Lake St

      Public Schools

      Wayzata West Middle School
      Grades: 6-8
      0.37  mi
      B+
      Wayzata High School
      Grades: 9-12
      5.14  mi
      A
      Gleason Lake Elementary School
      Grades: KG-5
      1.01  mi
      B
      Wayzata Early Learning School
      Grades: EE-PK
      1.97  mi
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 445 E Lake St have ratings undefined, undefined, undefined, and undefined.

    Neighborhood

    This property is located in 55391.

    • Region

      • Boundary map of 55391.

      Crime Index for 55391

      76

      Below national average
      76

      The crime index in 55391 is 76, which is 0.8 times lower than national average.

    • Seasonal Housing units 55391

      44%

      of housing is for seasonal rent.

      Daytime Population for 55391

      +49%

      of people during work hours.

    Market Trends

    Historical market data near 445 E Lake St over selected time period.

    Nearby Properties on Lake St

    USAMNHennepin CountyWayzataLake St