5750 S Lyndale Ave
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5750 S Lyndale Ave
2,156 SF 100% Leased Retail Building Minneapolis, MN 55419 $1,345,000 ($624/SF)
Executive Summary
Reduced Sale Price - 2,156 SF Full Kitchen, Event Space At 57th and Lyndale Avenue South
Available For Sale: 2,156 sf (1,232 sf 1st floor and 924 sf 2nd floor)
• PID#:21-028-24-14-0145
• Zoning: CM2 Corridor Mixed Use
• Building: 2,156 sf
• Lot Size .33 Acres
• Renovated: 2017
• 2024 Taxes: $14,474.96
• Sale Price: $1,345,000
Highlights and Features:
• Bound by four distinct Minneapolis neighborhoods: Kenny, Lynnhurst, Tangletown, and Windom
• 2 access points to property off Lyndale Avenue South and W 58th Street
• Creative site options
• Two-story building
• Updated mechanicals
• Renovated full kitchen
• Restroom
• Indoor and outdoor event space
• Number of Parking Spots: 13
• Current tenants: Wildwood Valerie's French Kitchen, Host a Toast, and The Beekeepers
• Area tenants: Kowalski's, Goodwill, Cub Foods, Valvoline Oil Change, Bachman's Floral, Bobby & Steve's Auto World, Rivershore Aquariums, Tangletown CrossFit, Wild Mind Ales, Magnuson Sod/Klier's Nursery Garden Center, and Kenny Community School
Demographics and Traffic Counts:
• Average Household Population: 1 mile - 11,062, 3 miles - 83,498, and 5 miles - 225,960
• Average HH Income: 1 mile - $83,063, 3 miles - $90,849, and 5 miles - $79,963
• Traffic Counts: 4,000 vpd on Lyndale Avenue S North, 7,900 vpd Lyndale Avenue S, 5,595 vpd on W 58th Street, and 13,400 vpd on State Hwy 121
Available For Sale: 2,156 sf (1,232 sf 1st floor and 924 sf 2nd floor)
• PID#:21-028-24-14-0145
• Zoning: CM2 Corridor Mixed Use
• Building: 2,156 sf
• Lot Size .33 Acres
• Renovated: 2017
• 2024 Taxes: $14,474.96
• Sale Price: $1,345,000
Highlights and Features:
• Bound by four distinct Minneapolis neighborhoods: Kenny, Lynnhurst, Tangletown, and Windom
• 2 access points to property off Lyndale Avenue South and W 58th Street
• Creative site options
• Two-story building
• Updated mechanicals
• Renovated full kitchen
• Restroom
• Indoor and outdoor event space
• Number of Parking Spots: 13
• Current tenants: Wildwood Valerie's French Kitchen, Host a Toast, and The Beekeepers
• Area tenants: Kowalski's, Goodwill, Cub Foods, Valvoline Oil Change, Bachman's Floral, Bobby & Steve's Auto World, Rivershore Aquariums, Tangletown CrossFit, Wild Mind Ales, Magnuson Sod/Klier's Nursery Garden Center, and Kenny Community School
Demographics and Traffic Counts:
• Average Household Population: 1 mile - 11,062, 3 miles - 83,498, and 5 miles - 225,960
• Average HH Income: 1 mile - $83,063, 3 miles - $90,849, and 5 miles - $79,963
• Traffic Counts: 4,000 vpd on Lyndale Avenue S North, 7,900 vpd Lyndale Avenue S, 5,595 vpd on W 58th Street, and 13,400 vpd on State Hwy 121
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,156 SF
Building Class
C
Year Built/Renovated
1956/2001
Price
$1,345,000
Price Per SF
$624
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.16
Lot Size
0.32 AC
Zoning
CM2 - Corridor Mixed-Use District
Parking
13 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
213 FT on S Lyndale Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 21-028-24-14-0145 | Improvements Assessment | $303,600 |
| Land Assessment | $220,400 | Total Assessment | $524,000 |
PROPERTY TAXES
Parcel Number
21-028-24-14-0145
Land Assessment
$220,400
Improvements Assessment
$303,600
Total Assessment
$524,000
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5750 S Lyndale Ave
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