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Four-Story Specialty Property
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 Market297

Property Features for 3040 Lyndale Avenue S

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial, Lot
Rooms Basement
Parking features Covered, Garage - Attached
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

Additional Details

Currently Operating Yes
Property Use Event Venue

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21190

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1930
Listing Agency: Northstar Real Estate Associates
Listed By: Naj A
Added: Jan 2 Changed: Oct 24 Last Checked: Oct 26 at 1:06AM
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.

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Investment Insights

Based on property information with market context.

At 3040 Lyndale Avenue S, this four-story commercial property is currently used as an event venue. The building contains more than 7,000 square feet and sits on a 0.38-acre lot. An attached three-car garage and dedicated on-site parking are also part of the property. Built in 1930, it has forced-air heating and central air conditioning.

The property is zoned CM3. Uses identified for consideration include office, medical, wellness, professional services, creative space, showroom, and event-related operations.

Key Highlights

  • More than 7,000 SF across 4 floors
  • 0.38‑acre lot
  • CM3 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Tanning Salon Pet Grooming Service

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Specialty property - The building is operating as an event venue and includes dedicated on-site parking and an attached garage.
Where is this specialty property 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: More than 7,000 SF across 4 floors; 0.38‑acre lot; CM3 zoning
More about this property
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