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7424 Lyndale Avenue S Richfield, MN $ 550,000
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$ 550,000 Get more info
7424 Lyndale Avenue S
$ 550,000
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New Construction
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7424 Lyndale Avenue S

Richfield, MN, 55423
$ 550,000
Baths0.0 Sq 2,019

Monthly Estimate*

$ 3,842

7424 Lyndale Avenue S, Richfield, MN 55423 - Image 1
7424 Lyndale Avenue S, Richfield, MN 55423 - Image 2
7424 Lyndale Avenue S, Richfield, MN 55423 - Image 3
7424 Lyndale Avenue S, Richfield, MN 55423 - Image 4
7424 Lyndale Avenue S, Richfield, MN 55423 - Image 5
7424 Lyndale Avenue S, Richfield, MN 55423 - Image 6
7424 Lyndale Avenue S, Richfield, MN 55423 - Image 7
Studio

Commercial Property for sale in Richfield, MN

for $550,000. This 2,019 square foot building was built in 1950 on a lot size of 0.52.

Zoned general commercial, C-2 (retail/service businesses). Lots of potential with this prime real estate location. Three commercial lots improved with a single family home-could be a tear down with new construction or affordable for a start-up business using current improvements. Great investment opportunity.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,391

Style

Business,Office,,Retail

Lot Size

0.52

Year Built

1950

Town/City

Richfield

County/Region

Hennepin

MLS | Web ID

6476558
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Heating Common
Garage Spaces 2
Construction Materials Stucco
Year Built 1950
Property SubType Business Office Other Retail
Tax Year 2024
Current Use Commercial
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Irwin Shores
Directions 494 to Lyndale north to property on west side of street just past 75th st.
City Richfield
Buyer Agent Compensation 2.70
High School District Richfield
Zoning Description Business/Commercial
Total Units 1
Street Name Lyndale
Land Lease Y/N N
Tax Annual Amount 13391
Additional Parcels Y/N N
Days on Market 96
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Attached Garage
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.52
Building Area Total 2019
Lot Dimensions 154x146
Lot Size Units Acres
Foundation Area 2019
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Electric
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Internal Only
Street Number 1 7424
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* Excluded Features
List By
Edina Realty, Inc.

Broker

wendypeterson@edinarealty.com

Email

Affordability Calculator

$4,958
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$1,116
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708414 Elementary School
708589 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$550,000 -4.35% Price Down
1/11/2024$575,000 Listed Price

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7424 Lyndale Avenue S, Richfield, MN, 55423 is a Commercial Property for sale at $550,000 with 2,019 sqft and a lot size of 0.52. 7424 Lyndale Avenue S is a studio with 0.0 baths and was built in 1950. The property's zip code is 55423 which is in Richfield, MN

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