Retail Storefront with On-Site
2925 Lyndale Ave S Minneapolis, MN 55408
For Sale
Contact for pricing
Retail storefront property on Lyndale Avenue in C3A zoning, with detached garage and on-site parking.
Property Size2,460 SF
Price / SF$365.85
Days on Market29
Property Features for 2925 Lyndale Ave S
General Information
- Standard status
- Active
- Size
- 2,460 SF
- Property subtype
- RETAIL
Listing Agency:
Kenwood Commercial
(612) 242-8820
Listed By:
Mike Doyle
(612) 242-8820
Source:
Moodyscre
Added: Jun 29
Changed: Jul 25
Last Checked: Jul 26 at 12:02PM
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 Kenwood Commercial
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale in C3A zoning, which allows for a variety of commercial uses. The site includes a detached garage and on-site parking to support day-to-day operations.
The property is located on Lyndale Avenue with prime frontage, providing visibility and accessibility. It sits in a walkable Minneapolis district and is surrounded by retail, restaurant, and entertainment amenities along the Lyn-Lake corridor. Access to Uptown and Downtown Minneapolis is supported via major arterial routes, with multiple mass transportation options available nearby.
The offering is a retail storefront configuration totaling 2,460 square feet, supported by on-site parking and an additional detached garage.
The property is located on Lyndale Avenue with prime frontage, providing visibility and accessibility. It sits in a walkable Minneapolis district and is surrounded by retail, restaurant, and entertainment amenities along the Lyn-Lake corridor. Access to Uptown and Downtown Minneapolis is supported via major arterial routes, with multiple mass transportation options available nearby.
The offering is a retail storefront configuration totaling 2,460 square feet, supported by on-site parking and an additional detached garage.
Key Highlights
- C3A zoning allows for a variety of commercial uses
- Retail storefront property on Lyndale Avenue with on‑site parking
- Detached garage and on‑site parking included
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.8k | $18.60 |
| − Vacancy | −$3.4k | −$1.40 |
| EGI | $42.3k | $17.21 |
| − OpEx | −$12.7k | −$5.16 |
| NOI | $29.6k | $12.04 |
2,460 SF · lease $18.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$423.2K
$370.3K – $493.8K
NOI $29,627 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$586.9K
$513.5K – $684.7K
NOI $41,083 @ 7.0% cap · market cap 4.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Retail storefront property on Lyndale Avenue in C3A zoning, with detached garage and on-site parking.
Where is this storefront property located?
The property is located at 2925 Lyndale Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: C3A zoning allows for a variety of commercial uses; Retail storefront property on Lyndale Avenue with on‑site parking; Detached garage and on‑site parking included
