3040 Lyndale Avenue S
Minneapolis, MN 55408
Price: $1,300,000
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.
Basic Features:
| Type |
Commercial Sale |
| Zoning |
Business/Commercial,Lot |
| Year Built |
1930 |
| School District |
Minneapolis |
| County |
Hennepin |
| Lot Size |
62x237 |
| Acreage |
0.38 acres |
| Garage |
3 Car |
| Lot Description |
Corner Lot |
| Number of Units |
1 |
| Tax $ / Year |
$21,190 / 2025 |
| Tax ID |
|
| Legal Description |
|
Additional Features
| Government Programs |
|
| Section |
04 |
| Terrain Type |
|
| Roads |
City Street |
| Basement |
Full,Unfinished |
| Cooling |
Central Air |
| Driveway |
|
| Foundation |
1848.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Forced Air |
| Roof |
Age 8 Years or Less |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Attached Garage,Covered,Paved Lot |
| Exterior Construction |
|
| Utilities |
Electric Common,Heating Common,Hot Water Common |
| Laundry |
N |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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