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2953 & 2957 Lyndale Avenue S

Minneapolis, MN 55408
  • $3,550,000
  • STATUS: Active
  • ON SITE: 952 Days
  • ID#: 6113840
$3,550,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,946
    SQFT
  • $148
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Christianson & Company.

Description

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.

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IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Twin Cities Elite Real Estate Group | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Twin Cities Elite Real Estate Group | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Twin Cities Elite Real Estate Group | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-05-23T00:22:24.737.

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2953 & 2957 Lyndale Avenue S Minneapolis, MN 55408

  • Price: $3,550,000
  • Status: Active
  • On Site: 952 Days
  • ID#: 6113840
0
Beds
0
Baths
0
½ Baths
0.13
Acres
23,946
SQFT
$148
$/SQFT
1900
Built
Neighborhood:
Excelsior Add
County:
Hennepin
Area:
Whittier
School District:
1 - Minneapolis
Property Description
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.
Exterior Features

Construction Materials Brick/Stone Foundation Area 6234 Foundation Dimensions 6234 Lot Size Dimensions .12 Parking Features DetachedOther Parking Open 7

Interior Features

Heating Forced Air

Property Features

Accessibility Features Other Additional Parcels YN Yes Assessment Pending Yes Contingency None Current Use Professional/OfficeFood ServiceRestaurant Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Inclusions BuildingLandLeases Land Lease Amount 0 Land Lease YN No Lender Owned No Postal City Minneapolis Potential Short Sale No Rental License YN No Sewer City Sewer - In Street Tax Annual Amount 72051 Tax With Assessments 72050.6400 Tax Year 2024 Utilities Electric SeparateHeating SeparateHot Water Separate Water Source City Water - In Street Zoning Description Business/CommercialResidential-Multi-Family

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Christianson & Company: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Twin Cities Elite Real Estate Group | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Twin Cities Elite Real Estate Group | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Twin Cities Elite Real Estate Group | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-05-23T00:22:24.737.

Click here for Digital Millennium Copyright Act
 
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Twin Cities Elite Real Estate Group | eXp Realty
Blaine MN,
NorthstarMLS] logo Listing courtesy of Christianson & Company.