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    Property profile & analytics
    OFF-MARKET
    Retail space

    2957 Lyndale Ave S, Minneapolis, MN 55411

    1,200 SF
    Entity Owned 1-yr Hold
    Property ID
    US46-0967810
    Property summary
    AI-generated overview

    Turn-key salon space on the corner of Lake and Lyndale in Uptown. High ceilings, tall windows, wood floors throughout in this historic and charming building on 614 W Lake Street. Corner location with lots of natural light and views from every angle. The salon space is fully furnished including shampoo chairs, salon chairs, dryer chairs, built in cabinets and displays. Highlights and Features: • Turn-key salon space • High visibility location • High ceilings, tall windows with lots of natural light and fabulous views • 1 Bathroom • Ample parking in municipal lot behind building Demographics and Traffic Counts: • Average Household Population: 1 mile - 29,889, 3 miles - 152,646, 5 miles - 322,124 • Average Household Income: 1 mile - $52,966, 3 miles - $63,045 and 5 miles - $70,544 • W Lake Street - 20,500 vpd, and Lyndale Avenue - 26,000 vpd Space Available: 1,200 sf • Lease Rate: Negotiable

    Property profile
    Verified
    Property type Retail space
    Total area 1,200 SF
    UPID US46-0967810
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Mukanya Properties LLC · 1 yrs held
    Mukanya Properties LLC
    since 2025
    1 recorded transaction
    2025
    $2.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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