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2953 & 2957 Lyndale Avenue S

Minneapolis, MN 55408
  • $3,550,000
  • STATUS: Active
  • ON SITE: 714 Days
  • ID#: 6113840
UPDATED: 60 min ago
$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 © 2023 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 The Pietig Properties Group | RE/MAX Advantage Plus 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. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, 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 2023-09-28T22:24:07.37.

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2953 & 2957 Lyndale Avenue S Minneapolis, MN 55408

  • Price: $3,550,000
  • Status: Active
  • On Site: 714 Days
  • Updated: 60 min ago
  • 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 66900 Tax With Assessments 66899.7000 Tax Year 2023 Utilities Electric SeparateHeating SeparateHot Water Separate Water Source City Water - In Street Zoning Description Business/CommercialResidential-Multi-Family

NorthstarMLS] logo © 2023 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 © 2023 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 The Pietig Properties Group | RE/MAX Advantage Plus 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. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, 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 2023-09-28T22:24:07.37.

Click here for Digital Millennium Copyright Act
 
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The Pietig Properties Group | RE/MAX Advantage Plus
270 Elm Street E.
Annandale MN, 55302
NorthstarMLS] logo Listing courtesy of Christianson & Company.