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$1,300,000

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0.38 Acres Lot

Active

3040 Lyndale AVE S Minneapolis, MN 55408

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Stacey Stanley

1sellwithstacey@gmail.com +1(763) 443-1943

UPDATED:

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

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

9

Lake Harriet Community School - Upper Campus

Public | 4 - 8
7

Burroughs Community

Public | KG - 5
7

Field Community School

Public | 5 - 8
7

Hale Community School

Public | KG - 4
5

Kenwood Elementary

Public | KG - 5
5

Harvest Preparatory School

Public | KG - 6
5

Barton Open Elementary School

Public | KG - 8
5

Adelante College Preparatory Academy

Public | 5 - 8
5

Southside Family Charter School

Public | KG - 8
4

Kipp Minnesota Charter School

Public | 5 - 8
4

Lyndale Community School

Public | PK - 5
4

Mn International Middle Charter

Public | 5 - 8
4

Richard R. Green Central Park School

Public | PK - 5
4

Marcy Open Elementary School

Public | KG - 8
3

Best Academy

Public | KG - 8
3

Twin Cities International Elementary School

Public | KG - 4
3

Emerson Elementary School

Public | PK - 5
3

Hennepin Elementary School

Public | KG - 6
3

Cedar Riverside Community School

Public | KG - 8
2

Jefferson Community School

Public | PK - 8

Middle Schools 6

6

Ramsey Middle School

Public | 6 - 8
4

Anwatin Middle Community School

Public | 6 - 8
1

Stadium View

Public | 6 - 12
0

Urban League Academy High School

Public | 6 - 12
0

Minneapolis on Line Learning

Public | 7 - 12
0

Center School

Public | 7 - 12

High Schools 20

5

Southwest High School

Public | 9 - 12
5

Washburn High School

Public | 9 - 12
2

Minneapolis College Preparatory

Public | 9 - 12
2

Downtown Campus

Public | 9 - 12
2

South High School

Public | 9 - 12
1

Harrison Education Center

Public | 9 - 12
1

Sabathani Campus

Public | 9 - 12
1

Augsburg Fairview Academy

Public | 9 - 12
1

Transition Plus Services

Public | 12 - 12
1

El Colegio Charter School

Public | 9 - 12
0

Bais Yaakov High School

Private | 9 - 12
0

Merc

Public | 9 - 12
0

Loring-Nicollet High School

Public | 9 - 12
0

Inter District Downtown School

Public | 10 - 12
0

Cristo Rey Jesuit High School Twin Cities

Private | 9 - 12
0

Challenge Academy

Public | 10 - 12
0

Delasalle High School

Private | 9 - 12
0

Voa Opportunity High School

Public | 9 - 12
0

Voa Phoenix - Salt High School

Public | 10 - 12
0

American Indian Oic

Public | 9 - 12

School and business data provided by Attom Data.

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Stacey Stanley

Agent | License ID: 20455755

+1(763) 443-1943

3040 Lyndale AVE S Minneapolis, MN 55408

Stacey Stanley

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

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3040 Lyndale AVE S