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John Gellerman
REALTOR®, Realtor,CRS,GRI
(612) 990-6004

3040 Lyndale Avenue S, Minneapolis, MN 55408

55 Total Photos [Click to View All]

Listed By

Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850

Shown By

Agent Name: John Gellerman
Agent Phone: (612) 990-6004
Agency Title: Counselor Realty

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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.

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 $1,225,000. Lyndale Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on jgellerman.counselorrealty.com today.

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: 85
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

Near By

Demographics



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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/29/2026. The listing information on this page last changed on 03/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/29/2026 2:18:40 AM EST) or RMLS-MN MLS (last updated Sun 03/29/2026 12:02:24 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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