- Price$3,550,000
- Parking7
- Built1900
- Taxes$72,051
-
Est Monthly Payment $23,955Mortgage
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2953 & 2957 Lyndale Avenue S, Minneapolis
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.
Essential Information
- MLS® #6113840
- Price$3,550,000
- Bathrooms0.00
- Year Built1900
- TypeCommercial Sale
- StatusActive
- Taxes$72,051
Amenities
- # of Garages7
- GaragesDetached, Other
Exterior
- ConstructionBrick/Stone
Additional Information
- Days on Market924
- ZoningBusiness/Commercial,Residential-Multi-Family
Community Information
- Address2953 & 2957 Lyndale Avenue S
- AreaWhittier
- SubdivisionExcelsior Add
- CityMinneapolis
- CountyHennepin
- StateMN
- Zip Code55408
Interior
- HeatingForced Air
School Information
- DistrictMinneapolis
Listing Details
- Listing OfficeChristianson & Company
MLS #6113840 is a Commercial Sale listing, located at 2953 & 2957 Lyndale Avenue S in Minneapolis, MN.