Property profile

1931 Lyndale Ave Minneapolis, MN 55403

OFF-MARKET
Retail properties & Spaces
11,000 SF 0.17 ac lot
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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

Location

1931 Lyndale Ave Minneapolis, MN 55403
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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