About 3040 Lyndale Avenue S
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.
Features of 3040 Lyndale Avenue S
| MLS® # | 7004216 |
|---|---|
| Price | $1,300,000 |
| Acres | 0.38 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 3040 Lyndale Avenue S |
|---|---|
| Area | 70 |
| Subdivision | Auditors Sub 040 |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55408 |
Amenities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|---|
| Parking | Attached Garage, Covered, Paved Lot |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Age 8 Years or Less |
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Business/Commercial,Lot |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $21,190 |
Listing Details
| Office | Northstar Real Estate Associates |
|---|
