3244 S Lyndale Ave, Minneapolis, MN 55408

Listing office Realty Group - Coon Rapids Show Phone

Listing date Jun 24, 2026

Source Moodyscre

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Overview

This is a five-unit, multi-tenant mixed-use building combining retail and multifamily components, presented fully leased with long-term tenants. The property totals 6,332 square feet and is structured to support both street-facing retail operations and residential occupancy within the same asset. The available information includes unit-level monthly rent figures: Unit 1 at $1,470, Unit 2 at $1,195, Unit 3 at $1,095, Unit 4 at $755, and Unit 5 at $1,295 (call the broker for current lease details).

Located at 3244 S Lyndale Ave in Minneapolis, MN 55408, the property is being offered for sale with a quick-closing objective. The seller has requested that any and all offers be submitted by July 15, 2026, and tours are available through the broker.

Lease terms are described as modified gross. Under this structure, tenants are responsible for electricity, insurance, and internet, which can simplify the owner’s operating expense profile compared with fully gross arrangements. The fully leased, multi-tenant setup is generally suited to buyers seeking an income-producing retail and residential mix with ongoing tenant occupancy and established rent roll visibility.

Suggested Use

(Bike/Boat/Book/etc) Store Wine and Liquor Store Restaurant Fish Market Home Appliance Store Restaurant HVAC Service Pet Store Bed & Breakfast Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Minneapolis

County

Anoka

State

Minnesota

Longitude

-93.2885737

Latitude

44.943306

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FAQs

What type of property is this?

Mixed-use property - Five-unit mixed-use building offering fully leased retail and multifamily space with tenants covering key utilities under modified gross terms.

Where is this mixed-use property located?

The property is located at 3244 S Lyndale Ave Minneapolis, MN.

What are key features of this property?

This property features: 5‑unit mixed‑use building with 100% leased retail & multifamily space with long‑term tenants; Modified gross leases: tenants are responsible for electricity, insurance, and internet; Monthly rent roll: Unit 1 $1,470; Unit 2 $1,195; Unit 3 $1,095; Unit 4 $755; Unit 5 $1,295