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Multi-Level Corner Property with Parking
For Sale
$849,999

3040 Lyndale Avenue, Minneapolis, MN 55408

Two-address corner property with a flexible multi-level layout, on-site parking, and attached garage stalls under CM3 zoning.

Property Size7,600 SF
Price / SF$111.84
Days on Market223

Property Features for 3040 Lyndale Avenue

General Information

Standard status Active
Size 7,600 SF
Property subtype General Commercial
Zoning CM3

Taxes and HOA fees

Annual Taxes $21,190

Amenities

Central Air
3
Corner Lot.
Covered, No Parking.
62x237
Corner, City Road.

Building Details

Year Built 1930
Listing Agency:
Listed By: Northstar Real Estate Associates
Source: Xome
Added: Dec 31, 2025 Changed: Aug 8 Last Checked: Aug 11 at 5:18AM

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.

Welcome to 3040 Lyndale Avenue S and 3045 Aldrich Avenue S, offered as a rare two-address sale with a corner presence in the Lyn-Lake area. Both parcels benefit from abundant on-site parking, and the configuration includes attached garage stall(s) plus a flexible multi-level layout.

The property’s layout is designed to support separation between front and back functions, which may appeal to a range of retail, office, or service-oriented uses. Zoning is noted as CM3 in the provided remarks, and the asset is described as being well-suited for high-visibility street-facing activity.

Taken together, the two addresses and flexible configuration provide multiple ways to arrange operations across levels while leveraging the strong parking position on the site. This is a single ownership opportunity covering two parcels, with the stated goal of enabling an easy path to leasing, repositioning, or multi-tenant use under the CM3 zoning framework.

Key Highlights

  • Two‑address corner property at 3040 Lyndale Ave S and 3045 Aldrich Ave S
  • Flexible multi‑level layout designed for a range of uses, with built‑in separation for retail and operations
  • CM3 zoning and flexible layout for potential retail, office, or other commercial concepts

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
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?
Cannabis property - Two-address corner property with a flexible multi-level layout, on-site parking, and attached garage stalls under CM3 zoning.
Where is this cannabis property located?
The property is located at 3040 Lyndale Avenue 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 corner property at 3040 Lyndale Ave S and 3045 Aldrich Ave S; Flexible multi‑level layout designed for a range of uses, with built‑in separation for retail and operations; CM3 zoning and flexible layout for potential retail, office, or other commercial concepts
More about this property
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