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2920 Lyndale Ave S
Minneapolis, MN 55408

City of Mpls CPED Lyn-Lake Parking facilities · Land For Sale · 1.17 AC

INVESTMENT HIGHLIGHTS

  • BUSINESS DISTRICT - The Lyn-Lake Parking Facilities are an important part of the thriving Lyn Lake Business District.
  • TRANSIT - Metro Transit’s second busiest bus line – the 21 – travels on Lake Street carrying over 10,000 passengers daily.
  • BUSINESS DEMOGRAPHICS - Within a quarter mile of the intersection there are over 2,700 daytime workers at over 375 businesses.
  • RESIDENTIAL DEMOGRAPHICS - There are approximately 46,500 residents living within one mile of the site.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 1.17 AC
Parcel Numbers
Multiple
  • 34-029-24-33-0101
  • 34-029-24-33-0103
  • 34-029-24-33-0088
  • 34-029-24-33-0089
  • 34-029-24-33-0100
  • 34-029-24-33-0087
  • 34-029-24-33-0196
  • 33-029-24-44-0146
  • 34-029-24-33-0085

DESCRIPTION

SITE A – The Garfield Lot The 108-stall Garfield Lot is located on Garfield Ave S between the Midtown Greenway and Lake St W. The site is comprised of nine parcels totaling 45,825 square feet or 1.05 acres. The Minneapolis Public Works Department currently subcontracts with ABM Parking Services to manage the parking operations and will continue to do so until prior to closing on a land sale of the properties. SITE B - 2920 Lyndale Ave S The 2920 Lyndale Ave S parcel is located between the James Ballentine VFW Post #246 and the Herkimer Pub & Brewery. The parcel measures ~46’x~119’ and 5,269 square feet. Vehicles can use the parcel to access the VFW parking lot and Lime Apartments via the alley, although primary access to both is via Aldrich Ave. For redevelopment the City does not require maintaining vehicular access through the site.

ZONING

Zoning Code Community Mixed Use (https://minneapolis2040.com/topics/land-use-built-form/#1217-anchor)
  • Listing ID: 18279178

  • Date on Market: 1/23/2020

  • Last Updated:

  • Address: 2920 Lyndale Ave S, Minneapolis, MN 55408