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    2937 Lyndale Ave Minneapolis, MN 55408

    Sponsored
    For Lease
    $20 SF/Yr

    Uptown Office, Two Suites Available

    Lot size:
    15,589 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional creative office building, located at the bustling intersection of Lyndale and Lake Street in Uptown Minneapolis, Hennepin County, offers two available suites totaling 4,321 square feet of vacant space within a 15,589 square foot building. Built in 1909, this two-story building boasts a prime location with high traffic visibility. The suites feature large windows providing abundant natural light, creating a bright and inspiring work environment. A convenient side entrance ensures easy access for office tenants, separate from other building occupants. The property sits on one acre of land. This location offers unparalleled convenience, with easy access to public transportation via Metro Transit bus routes and the Midtown Greenway bike path. Enjoy the vibrant atmosphere of Uptown, with its diverse selection of restaurants, shops, and entertainment options all within walking distance. The building's unique character and desirable location make it an ideal space for creative businesses seeking a dynamic and accessible workspace. Suite sizes range from 2,020 to 2,301 square feet, offering flexibility for various business needs.

    Property Features for 2937 Lyndale Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,589 SF
    Total Rate
    25981.67

    Building Details

    Year Built
    1909
    Stories
    2

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    2,301 SF
    Rate per SF
    $30
    Space
    Lower Level
    Size
    2,020 SF
    Rate per SF
    $30

    HighLights

    • Uptown/LynLake location at the high‑traffic Lyndale & Lake Street intersection.
    • Creative office space with abundant natural light from large windows.
    • Convenient side entrance for office tenants.
    • Excellent transit access via Metro Transit bus and Midtown Greenway bike path.
    • Proximity to numerous restaurants, shops, and entertainment venues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jill P. Field, ... Chiropractor Joel Blomberg Chiropractor Steven J. Eckstein, ... Chiropractor Level 10 Management Property Management Company Molly L. Barrett, ... Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.287751936397
    Latitude
    44.949176200464

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    FAQs

    What type of property is this?
    Office space - Uptown Office, Two Suites Available
    Where is this office space located?
    The property is located at 2937 Lyndale Ave Minneapolis, MN.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Uptown/LynLake location at the high-traffic Lyndale & Lake Street intersection.; Creative office space with abundant natural light from large windows.; Convenient side entrance for office tenants.
    Request Owner's contact information
    2937 Lyndale Ave 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
    2937 Lyndale Ave Minneapolis, MN 55408
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