For Sale
$3,500,000

9329 Lyndale Ave Minneapolis, MN 55420

Iconic location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 5,000 square foot retail property, formerly David Fong's restaurant, presents a unique redevelopment opportunity in Minneapolis, Minnesota. Located at 9329 Lyndale Ave S, zip code 55420, this property sits on five lots totaling approximately 0.27 acres (11,591 sq ft), 0.27 acres (11,591 sq ft), 0.096 acres (41,651 sq ft), 0.27 acres (11,591 sq ft), and 0.058 acres (25,336 sq ft) with a combined total of 101,130 square feet. The existing building, constructed in 1966, is currently slated for demolition, with equipment being auctioned separately. The property boasts a B-4 zoning classification, recently upgraded from B-2, offering significant development potential. The asking price is $3,500,000, translating to $700 per square foot. Property taxes for 2022 were approximately $53,632. Individual parcel tax information for 2023 is available: Parcel 10-027-24-33-0020: $30,781.26

Highlights

  • Approx. 2022 property taxes: $53,632 (5 lots)
  • B-4 zoning (upgraded from B-2)
  • Five parcels totaling 0.234 acres (10,178 sq ft) with 2023 property taxes ranging from $4,998 to $7,311.

Property Details for 9329 Lyndale Ave

Property type
Retail properties, Restaurants
Square Feet
5,000 SF
Year Built
1966

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.8336715
Longitude
-93.2881524
9329 Lyndale Ave, Minneapolis, Minnesota

FAQs

What type of property is this?
Retail property - Iconic location, redevelopment opportunity.
Where is the retail property located?
The property is located at 9329 Lyndale Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approx. 2022 property taxes: $53,632 (5 lots); B-4 zoning (upgraded from B-2); Five parcels totaling 0.234 acres (10,178 sq ft) with 2023 property taxes ranging from $4,998 to $7,311.
How can I contact the broker?
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9329 Lyndale Ave
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