3040 Lyndale Avenue S Minneapolis, MN $ 1,250,000
3040 Lyndale Avenue S
$ 1,250,000
Share Save

3040 Lyndale Avenue S

Minneapolis, MN, 55408
$ 1,250,000
Baths0.0 Sq 5,400

Monthly Estimate*

$ 8,308

3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 1
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 2
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 3
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 4
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 5
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 6
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 7
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 8
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 9
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 10
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 11
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 12
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 13
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 14
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 15
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 16
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 17
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 18
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 19
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 20
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 21
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 22
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 23
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 24
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 25
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 26
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 27
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 28
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 29
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 30
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 31
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 32
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 33
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 34
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 35
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 36
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 37
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 38
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 39
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 40
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 41
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 42
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 43
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 44
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 45
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 46
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 47
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 48
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 49
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 50
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 51
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 52
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 53
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 54
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 55
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 56
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 57
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 58
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 59
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 60
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 61
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 62
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 63
3040 Lyndale Avenue S, Minneapolis, MN 55408 - Image 64
Studio

Commercial Property for sale in Minneapolis, MN

for $1,250,000. This 5,400 square foot building was built in 1930 on a lot size of 0.38.

Beautifully Maintained Stand-Alone Retail/Office/Live-Work building with great parking for up to 18 cars! Sale includes both 3040 Lyndale (corner building, 5 car lot, and 3 garages connected to building) + 3045 Aldrich (10 car lot). Generous CM3 building zoning with many retail, office, and residential/multifamily/Live-work uses permitted. Owner occupied by Top Shelf Apparel – building will be vacated at closing, possibility for a short term lease-back. Perfect for an Owner/User to occupy or Investor. These properties have been meticulously cared for both inside and outside. 4 floors totaling 7,600 SF with 2,200 SF in the basement, 1st, and 2nd floors and 1,000 SF on the 3rd floor. The 3 garage stalls are conveniently attached to the first floor to provide additional storage and parking. The basement is unfinished, but useable - currently used for alterations. Excellent location on the convenient corner of Lyndale and 31st in Lyn-Lake. Contract for Deed possible.

See more

Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 31,612

Style

Mixed Use,Office,Retail

Lot Size

0.38

Year Built

1930

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6535652

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less
Garage Spaces 3
Construction Materials Aluminum Siding Brick/Stone
Year Built 1930
Levels Three Or More
Property SubType Mixed Use Office Retail
Tax Year 2024
Current Use Professional/Office Commercial Office Professional Service Retail
Accessibility None
Additional Parcels Description 0402824110014
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Auditors Sub 040
Directions Excellent location on the convenient corner of Lyndale and 31st in the Lyn-Lake neighborhood Minneapolis.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Business/Commercial Lot
NumberOfUnitsTotal 1
Lot Size Units Acres
Street Name Lyndale
Land Lease Y/N N
Tax Annual Amount 31612
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Amenities Unit Patio
Buyer Agent Compensation Type %
See more
Interior
Basement Full Unfinished
Basement (Y/N) Y
Street Suffix Avenue
Fuel Natural Gas
See more
Exterior
Parking Features Attached Garage Covered Paved
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Business Land
Lot Size Area 0.38
Building Area Total 5400
Lot Dimensions 62x237
Foundation Area 1848
Road Frontage Type City Street
See more
Internal Only
Street Number 1 3040
See more
* Excluded Features
List By
Re/Max Results

Broker

mark@resultscommercial.com

Email

Affordability Calculator

$10,942
Per Month
76%
24%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$2,634
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$1,250,000 Listed Price

Map


See all

3040 Lyndale Avenue S, Minneapolis, MN, 55408 is a Commercial Property for sale at $1,250,000 with 5,400 sqft and a lot size of 0.38. 3040 Lyndale Avenue S is a studio with 0.0 baths and was built in 1930. The property's zip code is 55408 which is in Minneapolis, MN