2922 S Lyndale Ave 15,930 SF Vacant Retail Building Minneapolis, MN 55408 $3,044,224 CAD ($191.10 CAD/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
$3,044,224 CAD
Price Per SF
$191.10 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Slab To Slab
12’
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’ on S Lyndale Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-029-24-44-0121 | Improvements Assessment | $1,915,774 CAD |
| Land Assessment | $355,721 CAD | Total Assessment | $2,271,496 CAD |
