Two-Address Retail Corner
For Sale
$849,999
3040 Lyndale Ave S, Minneapolis, MN 55408
Two-parcel, multi-level corner retail property with on-site parking and attached garage stalls, zoned CM3.
Property Size7,600 SF
Price / SF$111.84
Days on Market46
Property Features for 3040 Lyndale Ave S
General Information
Standard status
Active
Size
7,600 SF
Zoning
CM3
Building Details
Year Built
1930
Listing Agency:
Northstar Real Estate Associates
Listed By:
Naj A
Source:
Brickandbanister
Added: Jul 27
Changed: Sep 8
Last Checked: Sep 9 at 10:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northstar Real Estate Associates
Investment Insights
Based on property information with market context.
3040 Lyndale Ave S and 3045 Aldrich Ave S present a rare two-address, two-parcel retail corner asset with a flexible, multi-level layout. The building includes on-site parking across both parcels and attached garage stalls, offering practical access for customers and tenants. The interior configuration features built-in separation that can support retail and back-of-house operations, with room to create a lower-level concept.
The property is located at Lyndale & 31st in the Lyn-Lake area and is designated CM3 zoning. Its corner positioning provides prominent street exposure for a range of neighborhood-oriented uses.
While the space is described as well-suited for a flagship dispensary concept, the layout is also presented as adaptable to multiple other high-demand uses, including salon and café-style concepts, office or creative headquarters, and wellness/medical or detox facility types. The two-address setup and parking provisions support leasing flexibility, including the potential to accommodate more than one tenant configuration, subject to approvals.
The property is located at Lyndale & 31st in the Lyn-Lake area and is designated CM3 zoning. Its corner positioning provides prominent street exposure for a range of neighborhood-oriented uses.
While the space is described as well-suited for a flagship dispensary concept, the layout is also presented as adaptable to multiple other high-demand uses, including salon and café-style concepts, office or creative headquarters, and wellness/medical or detox facility types. The two-address setup and parking provisions support leasing flexibility, including the potential to accommodate more than one tenant configuration, subject to approvals.
Key Highlights
- Two‑address, two‑parcel corner retail property: 3040 Lyndale Ave S and 3045 Aldrich Ave S
- CM3 zoning and located at Lyndale & 31st with corner street exposure
- Multi‑level flexible layout suited to retail and separate operations
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,591
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 33%
Shops & Services 21%
Apparel 5%
Cub Foods
Groceries
30,982 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
14,647 visits/mo
0.3 miles
Speedway
Shops & Services
14,134 visits/mo
0.1 miles
Gyu-Kaku Japanese BBQ
Dining
6,204 visits/mo
0.1 miles
BonChon Chicken
Dining
4,938 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Two-parcel, multi-level corner retail property with on-site parking and attached garage stalls, zoned CM3.
Where is this retail space located?
The property is located at 3040 Lyndale Ave 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: Two‑address, two‑parcel corner retail property: 3040 Lyndale Ave S and 3045 Aldrich Ave S; CM3 zoning and located at Lyndale & 31st with corner street exposure; Multi‑level flexible layout suited to retail and separate operations
