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    3401-3405 Lyndale Ave S Minneapolis, MN 55408

    For Sale
    $1,350,000

    Commercial - Minneapolis, MN

    Lot size:
    0.15 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 3401-3405 Lyndale Ave S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Residential-Multi-Family
    APN
    0302824320058
    Parking features
    Driveway
    Exterior features
    Block
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Mark K Hulsey (952) 829-2900

    Listing date Sep 24, 2025

    MLS# 6793389 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Restaurant Opportunity, Minneapolis

    Located on Lyndale Avenue South in Minneapolis, this property at 3401 & 3405 Lyndale Avenue South, formerly home to Sonny's ice cream, presents an excellent opportunity for a new restaurant, cafe, or bistro operator. The sale includes the real estate and the restaurant and commercial kitchen, along with a majority of the Furnishings, Fixtures and Equipment (FF&E). The property features a fully operational street-level commercial kitchen. The site consists of two separate buildings connected by a walkway, each with individual PIDs in Hennepin County. The zoning is Business/Commercial, Residential-Multi-Family. The lot size is 0.15 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Campion Rose Burns Catering, Eat for Equity Catering, Cooks of Hope LLC, Copious Hospitality, Haute Box Catering

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.287816
    Latitude
    44.941057

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    FAQs

    What type of property is this?
    Restaurant - Restaurant property for sale in high-demand South Minneapolis location.
    Where is this restaurant located?
    The property is located at 3401-3405 Lyndale Ave S Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Fully operational street-level commercial kitchen included in the sale.; - High-demand South Minneapolis location.; - Restaurant/cafe/bistro opportunity with quick start-up potential.
    (952) 829-2900
    Request Owner's contact information
    3401-3405 Lyndale Ave S Minneapolis, MN 55408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3401-3405 Lyndale Ave S Minneapolis, MN 55408
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