MN > Minneapolis > Cic 1833 Ecopolitan
Minneapolis, MN 55405,2409 Lyndale AVE S
Minneapolis, MN 55405,2409 Lyndale AVE S
Minneapolis, MN 55405,2409 Lyndale AVE S
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Meta Realty

Meta Realty

Meta Realty

+1(952) 243-0037
$963,500
Est. payment /mo
0.27 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Cic 1833 Ecopolitan

MLS Listing ID 6785866

Year Built 1911

Annual Tax Amount $15,753

Tax Year 2025

Contingent None

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 98 x 118

Property Description

The property consists of 4 residential units (two 2-bedroom units and two 1-bedroom units) and 2 commercial units, including a bakery. All the units, except residential unit 202, are owned by one owner. The property has been converted to condos so each of the 6 units has its own PID. Potential for owner-occupant to purchase one of the residential unit 202. The owner of unit 202 currently owns the only garage in the back plus 2 parking spaces on the back side of the property. The entire site has 15 parking spaces. Heating updates are in process including on-demand hot water for unit heat in 4 units. Cap Rate: 7.15%. Gross Potential Income $122,000+. High visibility location. Open to creative financing.

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Basement Block, Egress Window(s), Finished

Interior

Heating Boiler, Forced Air

Cooling Window Unit(s)

Inclusions Rental License

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Exterior

Parking Features Carport, Detached, Paved

Garage Spaces 1.0

Utilities Available Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate

Roof Type Age Over 8 Years,Rubber

Present Use Food Service,Professional Service,Residential

Building

Lot Description Some Trees

Story Two

Foundation 2500

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

Structure Type Brick/Stone,Vinyl Siding

Schools

School District Minneapolis

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Listed by Jerry Lindeen • Metro Group Real Estate

Questions about this property?

Meta Realty
Meta Realty

Brokerage | License ID: 40908061

+1(952) 243-0037 | info@metarealtymn.com

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2409 Lyndale AVE S

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