3040 Lyndale Ave S - Office FOR SALE


Minneapolis, MN 55408- Uptown Minneapolis
$1,225,000 USD
763-352-5505
3040 Lyndale Ave S, Minneapolis, MN for Sale
$1,225,000 USD
Office - FOR SALE
1/38
null | Request Cap Rate

3040 Lyndale Ave S
Minneapolis, MN 55408
Uptown Minneapolis


OVERVIEW

Welcome to 3040 Lyndale Ave S & 3045 Aldrich Ave S — a **RARE TWO-ADDRESS SALE** in the heart of the highly sought-after Lyn-Lake neighborhood (CM3 Zoning). Please see attached PDFs for curated visual concepts tailored to this property + Offering Memo. This is not just real estate — this is a high-visibility corner asset positioned for strong cash flow, brand presence, and long-term upside. Located at Lyndale & 31st, the property offers exceptional street exposure, high daily traffic, abundant on-site parking across both parcels, attached garage stalls, and a flexible multi-level layout ideal for a wide range of uses. The layout is perfectly suited for a flagship cannabis dispensary with built-in separation for retail and operations, plus the opportunity to create a discreet, speakeasy-style entrance leading to a lower-level consumption lounge — a rare and highly desirable experiential concept. Beyond cannabis, the asset easily translates into **multiple high-demand concepts**, including: -Suite-style salon with café component -Full-service salon with rental booth income -Elevated vintage café + curated bookstore -Boutique office or creative headquarters -Wellness, medical, or detox facility (inpatient/outpatient) - One-of-a-kind boutique bed & breakfast, offering a unique stay experience in one of Minneapolis’ most vibrant districts For investors, this is where it gets compelling — the property’s layout and zoning make it easy to lease, reposition, or multi-tenant for diversified income streams. And for those thinking long-term: generate income now while planning a future redevelopment to fully unlock the potential of this prime corner site. Two addresses. Two parcels. Strong parking. Multiple revenue paths. Opportunities with this level of flexibility, visibility, and upside rarely come to market. Secure your footprint in one of Minneapolis’ most active and evolving corridors.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CM3 & UN3

APN/PARCEL ID

04-028-24-11-0013,04-028-24-11-0014

ASK ABOUT THIS PROPERTY

Najma AbdurahmanNorthStar Real Estate AssociatesMore Info
763-352-5505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Najma AbdurahmanNorthStar Real Estate AssociatesMore Info
763-352-5505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.