USAMNMinneapolisAuditors Sub 0403040 Lyndale Ave S

3040 Lyndale Ave S, Minneapolis, MN

Name: 3040 Lyndale Ave S, For Sale in Minneapolis - eXp Realty
Brand: Northstar Real Estate Associates
SKU: 7004216
Price: 1225000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,225,000

003

MLS® 7004216

Key Facts
Description
Map

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage Yes

Taxes $21,190

Days Active 104

Lot Size

Approx. Age 1930

MLS® Number 7004216

Property Address: 3040 Lyndale Ave S, Minneapolis, MN, 55408-2934

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 3040 Lyndale Ave S & 3045 Aldrich Ave S — a **RARE TWO-ADDRESS SALE** in the heart of the highly sought-after Lyn-Lake neighborhood (CM3 Zoning). This is not just real estate — this is a high-visibility corner asset positioned for strong cash flow, brand presence, and long-term upside. Located at Lyndale & 31st, the property offers exceptional street exposure, high daily traffic, abundant on-site parking across both parcels, attached garage stalls, and a flexible multi-level layout ideal for a wide range of uses. The layout is perfectly suited for a flagship cannabis dispensary with built-in separation for retail and operations, plus the opportunity to create a discreet, speakeasy-style entrance leading to a lower-level consumption lounge — a rare and highly desirable experiential concept. Beyond cannabis, the asset easily translates into **multiple high-demand concepts**, including: -Suite-style salon with café component -Full-service salon with rental booth income -Elevated vintage café + curated bookstore -Boutique office or creative headquarters -Wellness, medical, or detox facility (inpatient/outpatient) - One-of-a-kind boutique bed & breakfast, offering a unique stay experience in one of Minneapolis’ most vibrant districts For investors, this is where it gets compelling — the property’s layout and zoning make it easy to lease, reposition, or multi-tenant for diversified income streams. And for those thinking long-term: generate income now while planning a future redevelopment to fully unlock the potential of this prime corner site. Two addresses. Two parcels. Strong parking. Multiple revenue paths. Opportunities with this level of flexibility, visibility, and upside rarely come to market. Secure your footprint in one of Minneapolis’ most active and evolving corridors.

MLS® Number7004216

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1930

BasementFull, Unfinished

DrivewayAttached Garage, Covered, Paved Lot

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 2, 2026List Date

$1,225,000List Price

Dec 31, 2024End Date

$1,100,000Sold Price

Sold

Jul 15, 2024List Date

$1,250,000List Price

Commute

Commute

Starting Address

Destination Address

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