$2,100,000
Minneapolis, MN 55409
MLS# 6692065
Status: Closed
1 / 20
Property Description
3610 Lyndale Ave S is a prime retail + auto repair, or redevelopment opportunity in the heart of South Minneapolis. This unique investment includes a well-located 22,640 SF, one-story building with a lower level that is situated on 0.46 acres at the high-visibility intersection of 36th and Lyndale. With a strong traffic count of 11,655 vehicles per day on Lyndale Ave, 9,178 vehicles per day on W 36th St, and easy access to I-35W, this site presents an outstanding opportunity for owner-users, investors, or developers seeking a strategic property in a thriving urban corridor. Included in this sale is the well-established Parents Auto business. Family-owned and serving the Minneapolis community since 1949, Parents Auto has built a strong reputation as a trusted auto service provider. The sale includes the business along with its furniture, fixtures, and equipment (FF&E), offering a turnkey opportunity for those looking to continue its legacy or reposition the space for a new use. The seller has seven employees, not including himself. Five of whom are technicians with varying degrees of skill and experience; all would like to stay. Parents Auto uses NAPA TRACKS as a POS system. Contact listing broker for details on the business asset sale including financial documents and more upon a signed Non-Disclosure Agreement (NDA). All documents in listing brokers possession can be found on Pg. 9 of Offering Memorandum. Contact listing broker for Offering Memorandum. The real estate itself consists of a spacious, one-level building with a lower level that has significant potential. The main level features a reception/office area on one side of the building that Parents Auto operates out of while NAPA currently leases the other side for their store. Parents Auto occupies 10,887 SF on the main level and 9,475 SF on the lower level. NAPA leases and occupies 2,276 SF on the main level. The space includes 10 car lifts and ample workspace, while the lower level offers additional open space ideal for extra work areas or storage. The building’s non-functioning boiler needs to be replaced with a new radiant heating system (bids are complete). The roof and HVAC system will require replacement. The property’s CM2 zoning allows for a range of permitted uses, including retail, office, or redevelopment. The surrounding area boasts strong demographics, with an average household income of $105,592 within a one-mile radius, further enhancing the site’s investment appeal. The current modified NAPA net lease expires March 31, 2025. Seller is currently negotiating an additional short term (1-2 year) lease extension with potential short-term option to renew. This prime location, combined with flexible zoning, makes 3610 Lyndale Ave S a compelling opportunity for owner-users, investors, or developers. All tours are coordinated by listing broker. DO NOT DISTURB THE TENANTS AT EITHER NAPA OR PARENTS AUTO.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-04-11
Current Price: $2,100,000
Closed Date: 2025-09-12
Sales Close Price: 2100000
Contingency: None
ListPrice: 2250000
List Date: 2025-03-26
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 15
Owner Occupied: Yes
Year Built: 1926
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 119x170
Acres: 0.46
Foundation Size: 13166
Garage Stalls: 3
For Sale or Lease: For Sale
Location, Tax and Other Information
Legal Description: BLOCK 079 REMINGTONS 2ND ADDN TO MPLS LOTS 1 TO 4 INCL
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 9507
Property ID Number: 0402824440001
Tax Year: 2024
Tax Amount: 42850
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 3610 Lyndale Ave S is a prime retail + auto repair, or redevelopment opportunity in the heart of South Minneapolis. This unique investment includes a well-located 22,640 SF, one-story building with a lower level that is situated on 0.46 acres at the high-visibility intersection of 36th and Lyndale.
With a strong traffic count of 11,655 vehicles per day on Lyndale Ave, 9,178 vehicles per day on W 36th St, and easy access to I-35W, this site presents an outstanding opportunity for owner-users, investors, or developers seeking a strategic property in a thriving urban corridor.
Included in this sale is the well-established Parents Auto business. Family-owned and serving the Minneapolis community since 1949, Parents Auto has built a strong reputation as a trusted auto service provider. The sale includes the business along with its furniture, fixtures, and equipment (FF&E), offering a turnkey opportunity for those looking to continue its legacy or reposition the space for a new use. The seller has seven employees, not including himself. Five of whom are technicians with varying degrees of skill and experience; all would like to stay. Parents Auto uses NAPA TRACKS as a POS system.
Contact listing broker for details on the business asset sale including financial documents and more upon a signed Non-Disclosure Agreement (NDA). All documents in listing brokers possession can be found on Pg. 9 of Offering Memorandum. Contact listing broker for Offering Memorandum.
The real estate itself consists of a spacious, one-level building with a lower level that has significant potential. The main level features a reception/office area on one side of the building that Parents Auto operates out of while NAPA currently leases the other side for their store. Parents Auto occupies 10,887 SF on the main level and 9,475 SF on the lower level. NAPA leases and occupies 2,276 SF on the main level.
The space includes 10 car lifts and ample workspace, while the lower level offers additional open space ideal for extra work areas or storage. The building’s non-functioning boiler needs to be replaced with a new radiant heating system (bids are complete). The roof and HVAC system will require replacement. The property’s CM2 zoning allows for a range of permitted uses, including retail, office, or redevelopment.
The surrounding area boasts strong demographics, with an average household income of $105,592 within a one-mile radius, further enhancing the site’s investment appeal.
The current modified NAPA net lease expires March 31, 2025. Seller is currently negotiating an additional short term (1-2 year) lease extension with potential short-term option to renew.
This prime location, combined with flexible zoning, makes 3610 Lyndale Ave S a compelling opportunity for owner-users, investors, or developers.
All tours are coordinated by listing broker.
DO NOT DISTURB THE TENANTS AT EITHER NAPA OR PARENTS AUTO.
Directions: On the corner of 36th and Lyndale Ave S
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 42850
Building Information
Building Finished SqFt: 22640
Building SqFt: 22640
Ceiling Height: 11-15
Construction Status
Previously Owned: 1
Exterior
Block: 1
Brick/Stone: 1
Financing Terms
Conventional: 1
Flooring
Concrete Slab: 1
Floor Drains: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Corner Lot: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Off Site: 1
Public Survey Info
Range#: 24
Section#: 04
Township#: 28
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Leases
Sewer
City Sewer/Connected: 1
Unit Details
Total Units: 2
Water
City Water/Connected: 1
On Site Utilities
Electric Common: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Business Opportunity: 1
Freestanding: 1
Other: 1
Retail/Shopping Center: 1
Current Use
Automobile Service: 1
Business Service: 1
Commercial: 1
Retail: 1
Loan Terms
Cash: 1
Conventional: 1
Other: 1
Potential Use
Income: 1
Industrial: 1
Other: 1
Retail: 1
Shop: 1
Location Tax and Other Information
House Number: 3610
Street Name: Lyndale
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55409
Complex/Dev/Subdivision: Remingtons 2nd Add
Property Features
Accessible: None
CMU Style: Business Opportunity; Freestanding; Other; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Automobile Service; Business Service; Commercial; Retail
Exterior: Block; Brick/Stone
Financing Terms: Conventional
Flooring: Concrete Slab; Floor Drains
Foundation: Other
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional; Other
Lot Description: Corner Lot
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Parking Lot; Off Site
Potential Use: Income; Industrial; Other; Retail; Shop
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: September - 12 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
