2933 Lyndale Ave S, Minneapolis, MN 55408
For Lease
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This exceptional restaurant opportunity is located at 2933 Lyndale Ave S in Minneapolis, Minnesota, within the desirable Lynn Lake neighborhood. The property boasts a spacious 3,550 square feet of interior space, perfectly suited for a thriving culinary establishment. Built in 1920, the building sits on a 0.11-acre lot, offering convenient access and visibility. The property's prime location along Lyndale Avenue ensures high foot traffic and excellent exposure to potential customers. The sale includes the option of purchasing the existing furniture, fixtures, and equipment (FF&E), providing a seamless transition for a new owner. Ample parking is readily available, with an adjacent public parking lot and convenient street parking options. The asking price for this turn-key restaurant is $1,500,000. This presents a unique chance to acquire a well-established restaurant in a vibrant Minneapolis location. The property is zoned for restaurant use and is ready for immediate operation. Don't miss this chance to own a piece of Minneapolis' culinary scene. Serious inquiries only.
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Priceless Numismatics Store Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3A · Minneapolis, MNMinneapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.