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Four-Floor Office Building with Garage
For Sale
$849,999

3040 Lyndale Avenue S, Minneapolis, MN 55408

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.38 Acres
Days on Market246

Property Features for 3040 Lyndale Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Lot
Rooms Basement
Parking features Covered, Garage - Attached
Exterior features Aluminum Siding, Brick/Stone
Subdivision Auditors Sub 040
Lot features Corner Lot
High school district Minneapolis
Directions Excellent location on the convenient corner of Lyndale and 31st in the Lyn-Lake neighborhood Minneapolis.
Standard status Active
APN 0402824110013
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21190

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

garage

Building Details

Year built 1930
Listing Agency: Northstar Real Estate Associates
Listed By: Naj A
Added: Jan 2 Changed: Sep 2 Last Checked: Sep 5 at 9:06PM
MLS# 7004216

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.

Investment Insights

Based on property information with market context.

This four-floor office property spans 7,000+ SF on a 0.38-acre parcel and is currently operating as a small event venue. The building includes a basement, attached 3-car garage, dedicated on-site parking, aluminum siding and brick/stone exterior elements, forced-air heating, and central air. Constructed in 1930, the property offers a substantial existing structure for office, medical, wellness, professional services, creative, showroom, or event applications identified in the listing information.

Located at 3040 Lyndale Avenue S in Minneapolis, the property carries CM3 zoning and combines a sizable site with covered garage parking and multiple floors. Its existing configuration and commercial zoning accommodate a range of professional and customer-facing concepts without relying on a single layout or use format.

Key Highlights

  • 7,000+ SF office property on a 0.38‑acre parcel
  • Four floors with a basement and adaptable interior configuration
  • Attached 3‑car garage with dedicated on‑site parking

Property Analytics

Current Use

Top Shelf Custom ... Clothing & Fashion Store

Suggested Use

Top Pick Garden Center HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,591
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - CM3 zoning, dedicated parking, and adaptable commercial space support office and other professional uses.
Where is this office building located?
The property is located at 3040 Lyndale Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: 7,000+ SF office property on a 0.38‑acre parcel; Four floors with a basement and adaptable interior configuration; Attached 3‑car garage with dedicated on‑site parking
More about this property
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