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4601 N Lyndale Ave
Minneapolis, MN 55412
Retail Property For Sale
Investment Highlights
- Offering includes highly profitable operating bar business AND real estate. Business can be purchased separately if desired.
- Currently the ONLY liquor license in the city north of Broadway Ave
- Located within walking distance to the Upper Harbor Terminal Redevelopment Project
- Approximately $250,000 in capital improvements completed in past 18 months, including a new 950 SF apartment on the 2nd level that is near completion
- VERY STRONG SALES: CPA prepared financial statements available with signed NDA (Liquor 65% / food 35%)
- Experienced operators only! Contact broker for additional information and detailed financial statements.
Property Facts
Property Type
Retail
Property Subtype
Building Size
6,600 SF
Building Class
C
Year Built/Renovated
1922/2020
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.27 AC
Zoning
C-1 - Commercial
Parking
20 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
About 4601 N LYNDALE AVE , MINNEAPOLIS, MN 55412
Offering includes both the cash-flowing bar business and the real estate! The bar business is extremely successful and the building is in excellent condition. Experienced operator required. 15 employees ready to remain in place for new owner. Owner retiring. Business year to date has remained very strong despite Covid. CPA prepared financial statements available with signed NDA. Major capital improvements made to the property over the past 18 months, including a newly constructed 950 SF apartment on the 2nd floor (never been rented; near completion). TURN-KEY! Cash flowing. Huge returns. Experienced operators only. Contact broker for additional information.
Property Taxes
| Parcel Number | 12-118-21-43-0057 | Improvements Assessment | $501,900 |
| Land Assessment | $81,100 | Total Assessment | $583,000 |
Property Taxes
Parcel Number
12-118-21-43-0057
Land Assessment
$81,100
Improvements Assessment
$501,900
Total Assessment
$583,000
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