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2429-2431 S Lyndale Ave
Minneapolis, MN 55405
Portfolio of 2 Commercial Assets · Property For Sale
·
10,203 SF Total
Investment Highlights
- Located in a high-visibility corridor with strong daily traffic counts supporting retail tenancy.
- Walkable access to neighborhood retail, dining, and public transit options.
- Positioned in a corridor with limited new small-scale multifamily supply, supporting rental stability.
- Two adjacent parcels combining residential and retail uses for diversified income streams.
- Proximity to Uptown, Bde Maka Ska, and downtown Minneapolis enhances tenant demand.
- Flexible investment strategies including stabilization, repositioning, or redevelopment.
Executive Summary
Mixed use investment opportunity in the highly visible Lyndale Avenue south corridor of Minneapolis. This package includes two adjacent parcels totaling five residential units and one street facing retail building, offering diversified income streams in one of South Minneapolis' most established rental and small-business districts. Located near Uptown and minutes from Bde Maka Ska, the property benefits from:---Strong renter demand driven by proximity to downtown, lakes, public transit.---Dense surrounding housing stock with consistent multifamily absorption.---High daily traffic counts along Lyndale Avenue, supporting retail tenancy.---Walkable access to neighborhood retail, restaurants, and transit corridor. South Minneapolis has demonstrated long-term rental resiliency, supported by limited new small-scale multifamily inventory in this immediate corridor. The mixed-use configuration provides optionality: Stabilize, reposition, or redevelopment over time as land values continue to appreciate along this artery passage way. Serious investors may request detailed financials and underwriting materials upon request and execution of an NDA.
Property Facts
| Price / SF | $184.14 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 10,203 SF |
| Status | Active | Total Land Area | 0.21 AC |
| Number of Properties | 2 |
| Price / SF | $184.14 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,203 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2425 Lyndale Ave S, Minneapolis, MN 55405 | Multifamily | 2,540 SF | 1907 | - |
| 2429-2431 S Lyndale Ave, Minneapolis, MN 55405 | Retail | 7,663 SF | 1961 | - |
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