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2922 S Lyndale Ave

15,930 SF Vacant Retail Building Minneapolis, MN 55408 £1,717,478 (£108/SF)

Investment Highlights

  • Highly visible location in the heart of Uptown-Lyn-Lake neighborhood
  • Adjacent to a developable lot, currently used for patio space and public parking
  • Trendy neighborhood with restaurants, retail, shopping and more
  • Second generation kitchen and bar equipment available
  • Located within a Qualified Opportunity Zone
  • Great opportunity to invest or redevelop in a dynamic area

Executive Summary

The property currently has approximately 10,660 SF of vacant space and the occupying tenant on the second floor is on a short term lease deal, so buyers have complete flexibility with the property.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,930 SF
Building Class
C
Year Built
1917
Price
£1,717,478
Price Per SF
£108
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Loading Docks
1 Exterior
Slab to Slab
12 ft
Building FAR
2.81
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C3A - Community Activity Center District
Parking
10 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
59 ft on S Lyndale Ave

Amenities

  • Bus Route
  • Signage
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Gyu-Kaku Japanese BBQ
Famous Dave's
Dunn Brothers Coffee
Anytime Fitness
Cyclebar
Corepower Yoga
Cub Foods
ALDI
CrossFit
Caribou Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-029-24-44-0121
Land Assessment
£201,090
Improvements Assessment
£1,082,989
Total Assessment
£1,284,079
  • Listing ID: 27096133

  • Date on Market: 11/11/2022

  • Last Updated:

  • Address: 2922 S Lyndale Ave, Minneapolis, MN 55408

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