7400 Lyndale AveRichfield, MN 55423

  • Commercial real estate
  • 0.55 AC
For Lease
$34.29/SF/YR View listing

Property Details for 7400 Lyndale Ave

Year built
1965
Construction
WOOD
Lot size
0.55 AC
Property type
Commercial real estate
APN
33-028-24-41-0001
APU
3302824410001

Description

This exceptional 245-square-foot office suite, located within the highly visible Richfield Professional Building at the corner of Lyndale Avenue S. and 74th Street W (Suite 150), presents a fantastic opportunity for a single-occupancy business. The space boasts abundant natural light, creating a bright and welcoming atmosphere for clients and employees. A convenient waiting area is included, enhancing the professional image of your business. The building's strategic location offers easy access for clients and customers, with close proximity to a variety of retail amenities and the Minneapolis-Saint Paul International Airport. The zoning regulations permit a wide range of retail and service businesses, making this space suitable for diverse professional needs. This location serves a thriving trade area encompassing Richfield, Edina, and Bloomington, providing access to a substantial customer base. The single available office space is ready for immediate occupancy, offering a turnkey solution for businesses seeking a well-situated and functional workspace. Don't miss this chance to establish your presence in a prime Richfield location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,218,243
    Hospitality
    $7,527,866
    Educational
    $6,263,096
    Medical
    $6,478,494
    Retail
    $9,742,594
7400 Lyndale Ave, Richfield, Minnesota

Location Insight

City
Richfield
County
Hennepin
State
Minnesota
Latitude
44.8688
Longitude
-93.2889
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,457
$506,000
$409,000
$915,000
-
$506,000
$409,000
$915,000

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