2521 Lyndale AveMinneapolis, MN 55411
- Commercial real estate
- 27,685 SF
Property Details for 2521 Lyndale Ave
- Year built
- 1910
- Construction
- CONCRETE
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 27,685 SF
- Zone code
- R2B
- Property type
- Commercial real estate
- APN
- 16-029-24-11-0007
- APU
- 1602924110007
Description
This exceptional Minneapolis commercial property, located at 2521 & 2524 Lyndale Avenue N, encompasses a stunning 27,000 square foot church and school building situated on a 1.9-acre lot. The property is listed at $1,350,000 and includes multiple parcel IDs (1602924110007, 1602924110020, 1602924110008, 1602924110009, 1602924110010, 1602924110183, 1602924110184, 1602924110185). The main church building boasts a sanctuary with a capacity exceeding 400 attendees, complete with a mezzanine level. Architectural highlights include breathtaking stained-glass windows and soaring cathedral ceilings. A fully equipped commercial kitchen and adjacent cafeteria with seating for up to 100 people are also included. A separate school building offers versatile educational possibilities. Ample on-site parking accommodates over 30 vehicles. Adding to the property's income potential is a three-bedroom apartment, ideal for an on-site manager or rental income. Security features include an alarm system and security cameras (currently under a Comcast subscription). This unique property presents a rare opportunity for a well-funded buyer seeking a versatile and impressive commercial investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,826,128
- Hospitality
- $5,336,702
- Educational
- $4,440,073
- Medical
- $4,592,774
- Retail
- $6,906,780
Location Insight
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Latitude
- 45.0056
- Longitude
- -93.2884
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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