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    OFF-MARKET
    Retail properties & Spaces

    1931 Lyndale Ave, Minneapolis, MN 55403

    11,000 SF 0.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 11,000 SF
    Lot 0.17 ac (7,405 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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