2953 & 2957 Lyndale Avenue S, Minneapolis, MN

$3,550,000

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0.13

Acres

About 2953 & 2957 Lyndale Avenue S

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.

Features of 2953 & 2957 Lyndale Avenue S

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
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Construction Brick/Stone

School Information

District Minneapolis

Additional Information

Days on Market 978
Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $72,051

Listing Details

OfficeChristianson & Company

Listing Map

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