Mixed-Use Property with
For Sale
Contact for pricing
Pending
2953 - 2957 Lyndale Ave S, Minneapolis, MN 55408
Brick building combines occupied apartments, dining, and retail with an outdoor patio.
Property Size18,703 SF
Days on Market144
Property Features for 2953 - 2957 Lyndale Ave S
General Information
Standard status
Pending
Size
18,703 SF
Total Parking Spaces
7
Property subtype
Retail, Multifamily, Mixed Use
Occupancy
95%
Financials
Asking Price
$3,550,000
Opportunity Zone
Yes
Additional Details
Patio
Yes
Multifamily Units
6
Amenities
patio
Building Details
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Christianson & Company
Listed By:
Sabine Shea · License #MN 40415815
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 10:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christianson & Company
Investment Insights
Based on property information with market context.
This mixed-use property at 2953–2957 Lyndale Ave S in Minneapolis includes two parcels with apartments, restaurant space, retail, and outdoor area. The primary parcel contains 18,703 SF with 2 occupied restaurants, 1 occupied retail space, and 6 occupied apartment units in 1-, 2-, and 3-bedroom configurations. The second parcel adds 5,243 SF of patio and parking area with 7 spaces.
The property is 95% occupied and includes 2 full-service restaurants, 2 full commercial kitchens, a clear-channel billboard, and a brick exterior. Restaurant and retail areas have been updated, while tall ceilings and expansive windows extend across the commercial and residential spaces. A new roof was installed in 2019, and the property is located within an Opportunity Zone.
The property is 95% occupied and includes 2 full-service restaurants, 2 full commercial kitchens, a clear-channel billboard, and a brick exterior. Restaurant and retail areas have been updated, while tall ceilings and expansive windows extend across the commercial and residential spaces. A new roof was installed in 2019, and the property is located within an Opportunity Zone.
Key Highlights
- 18,703 SF parcel with 2 occupied restaurants, 1 occupied retail space, and 6 occupied apartment units
- 5,243 SF second parcel with outdoor patio and 7‑space parking lot
- 95% occupied across restaurant, retail, and apartment components
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
95%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,773
Businesses Nearby
Explore this area
Business Placement
Demographics for 55408, MN
33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick building combines occupied apartments, dining, and retail with an outdoor patio.
Where is this mixed-use property located?
The property is located at 2953 - 2957 Lyndale Ave S Minneapolis, MN.
What are key features of this property?
This property features: 18,703 SF parcel with 2 occupied restaurants, 1 occupied retail space, and 6 occupied apartment units; 5,243 SF second parcel with outdoor patio and 7‑space parking lot; 95% occupied across restaurant, retail, and apartment components
