4601 Lyndale Ave N, Minneapolis, 55412

Commercial - Apartments and Retail, Business Opportunity, Apartments/Multi Family For Sale in Camden Park Add

$895,000

Beds
Baths
4,148Sqft
.27Acres
1912Built
32DOM
MLS® #: 5252366
Active, 32 Days on Market

Confidential Listing. Turnkey bar, restaurant, & building available FOR SALE. Price includes all FF&E. Price includes new ADA restrooms, & other work, being done for $120,000 now. 2018 gross revenues of $1,154,717 w/ an NOI of approximately $208,947 (expenses including $83,326 in voluntary accounting & security personnel costs). Expected NOI of approximately $242,000 in 2019. $50,000 in recent upgrades. New coolers/freezers, new stoves, newer chairs & tables, new security/camera system & metal detector. Full kitchen. Currently only liquor license north of Broadway Ave N in the City of Minneapolis. Located within walking distance to the 48 acre Upper Terminal Harbor redevelopment project on the Mississippi River. Great potential to increase food sales at this location. Outside patio. 953 sf apartment unit upstairs w/ separate entrance not currently being rented out, that with some renovation, can be rented out.

Essential Information

MLS® #: 5252366
Price: $895,000
Square Footage: 4,148
Acres: 0.27
Year Built: 1912
Type: Commercial
Sub-Type: Apartments and Retail, Business Opportunity, Apartments/Multi Family
Style: Apartments and Retail, Business Opportunity, Apartments/Multi Family
Status: Active

Community Information

Address: 4601 Lyndale Ave N
Area: Lind - Bohanon
Subdivision: Camden Park Add
City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412

Amenities

Garages: Uncovered/Open

Interior

Heating: Forced Air

Exterior

Exterior: Wood
Foundation: 4148

School Information

District: 1 - Minneapolis

Additional Information

Date Listed: June 19th, 2019
Days on Market: 32
Zoning: Business/Commercial
Current Use: Tavern/Lounge, Restaurant

Listing Details

Listing Office: Summerhill Commercial Real

Financials

$/SqFt: $216

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on July 23rd, 2019 at 12:35am CDT.