3040 Lyndale S Avenue, Minneapolis, Minnesota 55408

MN, Minneapolis
$1,225,000
  • Commercial Sale Property Type
  • 1930 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property 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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7004216
  • Price: $1,225,000
  • Year Built: 1930
  • Listing Status: Active
  • Office Name: Northstar Real Estate Associates
  • Roof: Age 8 Years or Less
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Full,Unfinished
  • Parking Attached Garage,Covered,Paved Lot
  • Utilities Heating Common,Electric Common,Hot Water Common
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55408
  • Street: Lyndale
  • Street Number: 3040
  • Street Suffix: Avenue
  • Longitude: W94° 42' 40.9''
  • Latitude: N44° 56' 48.5''
  • Directions: Excellent location on the convenient corner of Lyndale and 31st in the Lyn-Lake neighborhood Minneapolis.
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Northstar Real Estate Associates
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 7600
  • Current Use: Professional/Office,Commercial,Office,Professional Service,Retail
  • Garage: 3
  • Levels: Three Or More
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 62x237
  • Number Of Units Total: 1
Financial
  • Tax Annual Amount: 21190
Listing Information
  • List Agent Mls Id: 506021186
  • List Office Mls Id: 9990
  • Modification Timestamp: 2026-03-23T21:21:06Z
  • Originating System Name: NorthStar
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