Homes for sale - 3040 Lyndale AVE S, Minneapolis, MN 55408

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Travis Hamele

travishamelebroker@chime.me

$ 1,300,000

Est. payment | -/mo

0.38 Acres Lot

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$ 1,300,000

Est. payment | -/mo

Save

0.38 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Auditors Sub 040

MLS Listing ID 7004216

Year Built 1930

Annual Tax Amount $21,190

Tax Year 2025

Contingent None

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 62x237

Property Description

This rare two-address opportunity includes both 3040 Lyndale Ave S and 3045 Aldrich Ave S in the heart of the highly desirable Lyn-Lake neighborhood, offering unmatched flexibility and value with all furniture included at no extra cost at the seller's discretion. The non-historic corner building retains its original charm and features four levels totaling approximately 7,600 square feet, including a usable leased basement, 9+ executive offices, multiple co-working and collaborative spaces, three attached garage stalls, and a five-car on-site parking lot, while the second parcel provides a ten-car parking lot with flexibility for future development. 3040 Lyndale is zoned CM3 and allows for retail, office, residential, multifamily, or live-work uses and currently generates $1,525 per month from two month-to-month tenants, providing immediate cash flow. 3045 Aldrich is zoned UN3 and is ideal for residential. Located at the high-visibility corner of Lyndale and 31st, this is a rare chance to own a versatile, income-producing property in one of Minneapolis' hottest area. Please do not disturb tenants and schedule all tours through the listing brokers.

Location

State MN

County Hennepin

Zoning Business/Commercial,Lot

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building

Fireplace No

Exterior

Parking Features Attached Garage, Covered, Paved Lot

Garage Spaces 3.0

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age 8 Years or Less

Present Use Professional/Office,Commercial,Office,Professional Service,Retail

Building

Lot Description Corner Lot

Story Three Or More

Foundation 1848

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

New Construction false

Schools

School District Minneapolis

Listed by Najma Abdurahman • Northstar Real Estate Associates