Active
2953 & 2957 Lyndale Avenue S
Minneapolis MN, 55408
$3,550,000
$148.25 per sqft
Active
23,946 sqft
Commercial
Built in 1900
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.
6113840
MLSⓇ ID
October 13, 2021
Listed
November 22, 2024
Updated
Map
2953 & 2957 Lyndale Avenue S
Minneapolis MN, 55408
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
City Sewer - In Street
School Information
School District
Minneapolis
Other Property Details
Taxes
$72,051
Tax Frequency
Annually
Days on Market
1032
Garage
Yes
Garage Spaces
7
Parking
Detached, Other
View
No
County
Hennepin
Water Source
City Water - In Street
Pool
No
Courtesy of Christianson & Company
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Data last updated 7:32 AM UTC, 11/22/2024