3610 Lyndale Ave S - Auto Repair FOR SALE


Minneapolis, MN 55409- East Harriet
$2,250,000 USD
239-900-7995
3610 Lyndale Ave S, Minneapolis, MN for Sale
$2,250,000 USD
Auto Repair - FOR SALE
1/36
null | Request Cap Rate

3610 Lyndale Ave S
Minneapolis, MN 55409
East Harriet


HIGHLIGHTS

  • Prime South Minneapolis Location – High-visibility corner at 36th & Lyndale with 11,655 vehicles per day on Lyndale Ave S
  • Turnkey Business Opportunity – Includes the well-established Parents Auto, a trusted family-owned auto service provider since 1949
  • Spacious Building with main level & lower level – 22,640 SF facility with 10 car lifts, ample workspace, and a lower-level storage/work area
  • Flexible Zoning & Redevelopment Potential – CM2 zoning allows for retail, office, auto service, or redevelopment
  • Strong Area Demographics – Average household income of $105,592 within one mile, supporting long-term business success
  • Investment & Owner-User Potential – Ideal for investors looking for cash flow or an owner-operator seeking a prime location

OVERVIEW

Results Commercial is pleased to announce the sale of 3610 Lyndale Ave S, 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 Mark Hulsey 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 Mark Hulsey at mark@resultscommercial.com or 651-755-2068. 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 Mark Hulsey. mark@resultscommercial.com or 651-755-2068. DO NOT DISTURB THE TENANTS AT EITHER NAPA OR PARENTS AUTO.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail + Auto or Redev

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Storefront, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,173 SF

ZONING

CM2

APN/PARCEL ID

04-028-24-44-0001

ASK ABOUT THIS PROPERTY

Mark HulseyResults CommercialMore Info
239-900-7995

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Mark HulseyResults CommercialMore Info
239-900-7995

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.