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$3,550,000 - 2953 & 2957 Lyndale Avenue S, Minneapolis

-
Bedrooms
-
Baths
N/A
SQ. Feet
0.13
Acres

Price Reduction - The property consists of two parcels, one featuring apartments and retail/restaurants encompassing 18,703 SF with 2 occupied restaurants, 1 occupied retail space, and 6 occupied apartment units (1, 2 and 3-bedroom apartments) as well as a Billboard. The other parcel features a large outdoor patio and parking lot (7 spaces) with 5,243 SF. The property is available for the first time in over 30 years. The property is 95% occupied featuring a beautiful brick exterior, patio, 2 full-service restaurants along with 2 full commercial kitchens. The restaurants, apartments, and retail feature very tall ceilings and windows throughout. The restaurants and retail spaces have been completely updated. The property has been well maintained and had a new roof installed in 2019. The property is situated in an Opportunity Zone.

Essential Information

  • MLS® #:
    6113840
  • Price:
    $3,550,000
  • Bathrooms:
    0.00
  • Acres:
    0.13
  • Year Built:
    1900
  • Type:
    Commercial Sale
  • Status:
    Active

Community Information

  • Address:
    2953 & 2957 Lyndale Avenue S
  • Area:
    Whittier
  • Subdivision:
    Excelsior Add
  • City:
    Minneapolis
  • County:
    Hennepin
  • State:
    MN
  • Zip Code:
    55408

Amenities

  • # of Garages:
    7
  • Garages:
    Detached, Other

Interior

  • Heating:
    Forced Air

Exterior

  • Construction:
    Brick/Stone

School Information

  • District:
    Minneapolis

Additional Information

  • Days on Market:
    938
  • Zoning:
    Business/Commercial,Residential-Multi-Family

Listing Details

  • Listing Office:
    Christianson & Company

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Listing information last updated on May 8th, 2024 at 12:21am CDT.