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About This Home

This 0-bedroom, 0-bathroom commercial at 3040 Lyndale Avenue S in Minneapolis, MN is listed for $1,225,000. Built in 1930, on a 0.38 acres lot.

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.

Key Features

  • Built in 1930
  • 0.38 acre lot

Property Details

1930

Monthly Cost Estimate

$6,552/mo

20% down · 6.5% · 30 years

Principal$886
Interest$5,308
Insurance$357

Estimates only. Actual payments may vary.

Location

3040 Lyndale Avenue S

Minneapolis, MN 55408

Auditors Sub 040

Features & Amenities

Exterior Features

Aluminum SidingBrick/Stone

Property Details

Parking

CoveredGarageGarage - AttachedPaved or Surfaced

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3040 Lyndale Avenue S is listed at $1,225,000. The estimated monthly payment is $5,308 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.38 acre lot. Exterior Features: Aluminum Siding, Brick/Stone.

This property is listed by Naj A and can be reached at 7633525505 or naj.estates1@gmail.com.

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NA

Naj A

Agent at NorthStar Real Estate Associates

(763) 352-5505

Listed by NorthStar Real Estate Associates · View on Broker Site

MLS# 7004216· Source: listhub· Updated 98 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3040 Lyndale Avenue S, Minneapolis, MN 55408

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