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7424 Lyndale Ave Richfield, MN 55423

For Sale
$500,000

Prime location, high potential, C-2 zoning.

Property size:
2,019 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional investment opportunity presents a 2,019 square foot property situated on a 0.52-acre lot at 7424 Lyndale Avenue S in Richfield, Minnesota. The property is zoned C-2, allowing for a variety of retail and service businesses. Currently improved with a single-family home, the site offers significant flexibility for future development. Buyers have the option of demolishing the existing structure to construct a new commercial building, perfectly suited for a new business venture. Alternatively, the existing improvements provide an affordable option for a start-up business seeking immediate occupancy. The property's location in Richfield offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs and investors alike. This is a rare chance to acquire a versatile commercial lot in a thriving area with high growth potential. The 0.52-acre lot provides ample space for expansion or future development. The C-2 zoning ensures a wide range of permitted uses, maximizing the property's investment potential. Don't miss this chance to secure a prime piece of Richfield real estate. The asking price is $500,000. Serious inquiries only.

Property Features for 7424 Lyndale Ave

General Information

Property type
Other commercial real estate
Square Feet
2,019 SF
Lot Size
22,651 SF

Building Details

Year Built
1950

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Carpet & Flooring USA ... Carpet Wholesaler

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Richfield
County
Hennepin
State
Minnesota
Longitude
-93.2888
Latitude
44.86825

FAQs

What type of property is this?
Commercial real estate - Prime location, high potential, C-2 zoning.
Where is this commercial real estate located?
The property is located at 7424 Lyndale Ave Richfield, MN.
What is the asking price?
The asking price for this property is $500,000.
More about this property
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