3040 Lyndale Avenue S, Minneapolis, MN 55408

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Listed By

Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850

Shown By

Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty

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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.

3040 Lyndale Avenue S | MLS# 7004216

This commercial property located at 3040 Lyndale Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $1,300,000. Lyndale Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.thebartelgroup.com today.

Property Features

Property Type: Commercial - Retail
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Garage: 3
Heating: Forced Air
Lot Size: 0.38 Acres
Roof Type: Age 8 Years or Less
Stories: 3.0
Taxes: $21,190
Year Built: 1930

Feature Descriptions

Basement: Full, Unfinished
Current Use: Professional/Office, Commercial, Office, Professional Service, Retail
Days on Site: 59
Foundation Size: 1848
Lot: Corner Lot
Lot Dimensions: 62x237
Parcel#: 0402824110013
Parking: Attached Garage, Covered, Paved Lot
Road Frontage: City Street
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 1
Utilities: Electric Common, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Demographics

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