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Sonny's Cafe 3401-3405 S Lyndale Ave 7,208 SF Retail Building Minneapolis, MN 55408 $1,849,108 CAD ($256.54 CAD/SF)
Investment Highlights
- Office space directly above the cafe with potential for other use.
- Very large back walkin freezer, cooler are fully functional and well maintained. There is also a dry storage walk in.
- NO SELLER FINANCING OPTIONS. New financing required. NO environmental reports completed to date. No known hazards.
- Three HVAC systems serve both properties. Well cared for mechanicals throughout.
- Easy and ample on-street parking. High local foot traffic location on Lyndale Ave South.
- DO NOT DISTURB THE BUSINESS. ALL TOURS THROUGH LISTING BROKERS BY APPOINTMENT ONLY: mark@resultscommercial.com or hayden@resultscommercial.com
Executive Summary
3401 & 3405 Lyndale Ave. South has been home to Sonny’s Ice Cream, family owned and operated for decades. Results Commercial is selling ONLY the real estate, however, the restaurant and commercial kitchen, along with a majority of the Furnishings, Fixtures and Equipment (FF&E) will be included in the sale.
NO lease-back interest from the Sellers. Excellent opportunity for a new operator of the restaurant, café, or bistro to step in and begin operations quickly in a high demand South Minneapolis location. Fully operational street level commercial kitchen.
Formerly two separate buildings but now connected with a walkway. Two separate PID#s with Hennepin County. (See OM details for square footage breakdowns and floor plans for both buildings.)
• Quaint, gorgeous old world European café with a minimum of 35-40 seats inside and three separate beautiful outdoor areas which add an additional 70 seats (piazza, front, 34th street side).
• The entire property is beautifully landscaped from the front to back with over 100 ft of boulevard garden. The front garden of 3405 was designed by a renowned Japanese landscape architect.
• Lovely, remodeled one bedroom apartment on 2nd level of 3405 building. Currently owner suite and will vacate following sale.
• Owners have worked with the city to keep storefront street open - free from parking & bus stops
• Sonny's Cafe has 2 hoods - 1 in the main kitchen (11' wide) and one in the storefront dishwasher (new and never used). Both are in excellent condition.
• VALUE ADD: Two large storage spaces on the MAIN level of both buildings. Prime storefront expansion opportunities. (3405 can open into piazza and 3401 can open into existing café space, side seating, and/or kitchen).
• This is prime value-add space that investors and owner operators are seeking. Listing brokers can explain further with examples of market rents for main level retail on Lyndale Ave South.
• Office space directly above the cafe with potential for other use.
NO lease-back interest from the Sellers. Excellent opportunity for a new operator of the restaurant, café, or bistro to step in and begin operations quickly in a high demand South Minneapolis location. Fully operational street level commercial kitchen.
Formerly two separate buildings but now connected with a walkway. Two separate PID#s with Hennepin County. (See OM details for square footage breakdowns and floor plans for both buildings.)
• Quaint, gorgeous old world European café with a minimum of 35-40 seats inside and three separate beautiful outdoor areas which add an additional 70 seats (piazza, front, 34th street side).
• The entire property is beautifully landscaped from the front to back with over 100 ft of boulevard garden. The front garden of 3405 was designed by a renowned Japanese landscape architect.
• Lovely, remodeled one bedroom apartment on 2nd level of 3405 building. Currently owner suite and will vacate following sale.
• Owners have worked with the city to keep storefront street open - free from parking & bus stops
• Sonny's Cafe has 2 hoods - 1 in the main kitchen (11' wide) and one in the storefront dishwasher (new and never used). Both are in excellent condition.
• VALUE ADD: Two large storage spaces on the MAIN level of both buildings. Prime storefront expansion opportunities. (3405 can open into piazza and 3401 can open into existing café space, side seating, and/or kitchen).
• This is prime value-add space that investors and owner operators are seeking. Listing brokers can explain further with examples of market rents for main level retail on Lyndale Ave South.
• Office space directly above the cafe with potential for other use.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,208 SF
Building Class
C
Year Built
1900
Price
$1,849,108 CAD
Price Per SF
$256.54 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.10
Lot Size
0.15 AC
Zoning
CM2
Frontage
Amenities
- Bus Line
- Signage
- Signalized Intersection
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $620,663 CAD | |
| Land Assessment | $270,139 CAD | Total Assessment | $890,802 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$270,139 CAD
Improvements Assessment
$620,663 CAD
Total Assessment
$890,802 CAD
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Sonny's Cafe | 3401-3405 S Lyndale Ave
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