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    2933 Lyndale Ave Minneapolis, MN 55408

    Sponsored
    For Sale
    $1,500,000

    Established Restaurant, 3,550 SF, $1.5M

    Property size:
    3,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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.

    Property Features for 2933 Lyndale Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,550 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1920

    HighLights

    • $1,500,000 asking price for this 3,550 SF retail restaurant.
    • Located in Minneapolis, MN, at 2933 Lyndale Ave S, in the Lynn Lake neighborhood.
    • Includes all furniture, fixtures, and equipment (FF&E).
    • Conveniently located near a public parking lot with ample street parking.
    • Built in 1920, situated on a 0.11‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Priceless Numismatics Store Store

    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
    -93.2875505
    Latitude
    44.9492214

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 3,550 SF, $1.5M
    Where is this restaurant located?
    The property is located at 2933 Lyndale Ave Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for this 3,550 SF retail restaurant.; Located in Minneapolis, MN, at 2933 Lyndale Ave S, in the Lynn Lake neighborhood.; Includes all furniture, fixtures, and equipment (FF&E).
    Request Owner's contact information
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    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
    2933 Lyndale Ave Minneapolis, MN 55408
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