Minneapolis · Commercial sale
Minneapolis Holdings buys 3012 Lyndale Ave S in Minneapolis for $1.74 million
A bar at 3012 Lyndale Ave S, Minneapolis sold for $1,740,000 on October 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,740,000
- Sold
- October 15, 2026
- Property type
- Bar
- Lot size
- 8,276 sq ft
- Year built
- 1955
The bar at 3012 Lyndale Ave S in Minneapolis sold for $1,740,000 on October 15, 2026. That is 4.3 times its last recorded sale price, $400,000 in 2002, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.
The record lists Julius DeRoma as the seller and Minneapolis Holdings LLC as the buyer.
Assessor's records show a build year of 1955 and an 8,276-square-foot lot. The market value on record is $1,710,000.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Hennepin County?
By our estimate, the seller's two largest charges, not counting prorations, were $5,916 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $4,020 for the owner's title insurance policy. Who pays what follows Hennepin County custom.
How much did the seller net?
By our estimate, the seller netted about $1,733,657. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,744,484 at closing. That covers the full price and closing costs.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1932171. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.