1931 Lyndale Ave, Minneapolis, MN 55403
This exceptional 11,000 square foot property, situated on a 0.17-acre lot in Hennepin County, presents a unique redevelopment opportunity. Formerly home to Rudolph's, this iconic corner location at the intersection of Lyndale and Franklin boasts tremendous visibility and strong brand recognition, ensuring high foot traffic and excellent exposure for any new business. The single-tenant space offers flexibility for a variety of uses, including restaurant, bar, medical, or retail establishments. While the building currently has existing restaurant infrastructure, the new ownership plans for a complete renovation, providing a blank canvas for a modern and functional space. The 5,685 to 11,000 square foot footprint offers ample room for customization, allowing for the creation of a truly unique and successful venture. This prime location, combined with the planned renovation and the flexibility of use, makes this property an exceptional investment opportunity with significant potential for growth and return. The property's prominent corner location ensures maximum visibility and accessibility, making it an ideal choice for businesses seeking a high-impact presence in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.