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Alexis Peters
(218) 850-1205
Counselor Realty, Inc |
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3040 Lyndale Avenue S, Minneapolis, MN 55408
STATUS: Active
PROPERTY TYPE: Commercial - Retail
SUBDIVISION: Auditors Sub 040
SCHOOL: Minneapolis
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 districtsFor 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.
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: 188
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
Listed By / Shown By
Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850
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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 $1,150,000. Lyndale Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on apeters.counselorrealty.com today.