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3040 Lyndale Ave S 7,600 SF Office Building Minneapolis, MN 55408 $849,999 ($111.84/SF)
Investment Highlights
- Prominent corner location in the highly desirable Lyn-Lake neighborhood
- Located near major retail, dining, and transit corridors in a high-demand urban submarket
- Zoned CM3 (Community Mixed Use), allowing retail, office, residential, multifamily, or live-work uses
- Strong visibility with approximately 21,900 vehicles per day on Lyndale Ave
Executive Summary
Currently operating as a small event venue, this rare South Minneapolis property offers 7,000+ SF on a large lot, with a 3-car garage, dedicated on-site parking, and flexible CM3 zoning supporting a wide range of potential uses.
Ideal for office, medical, wellness, professional services, creative space, showroom, event use, or other commercial concepts. The substantial lot, parking, garage, and flexible layout provide exceptional functionality and future upside.
Large building. Large lot. Flexible zoning. Multiple possibilities. A standout commercial opportunity in South Minneapolis.
Ideal for office, medical, wellness, professional services, creative space, showroom, event use, or other commercial concepts. The substantial lot, parking, garage, and flexible layout provide exceptional functionality and future upside.
Large building. Large lot. Flexible zoning. Multiple possibilities. A standout commercial opportunity in South Minneapolis.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Building Size
7,600 SF
Building Class
B
Year Built
1930
Price
$849,999
Price Per SF
$111.84
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,800 SF
Building FAR
0.55
Lot Size
0.32 AC
Zoning
CM3 - Community Mixed Use Zoning District (Building)
Parking
8 Spaces (1.05 Spaces per 1,000 SF Leased)
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Exceptionally walkable
90/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $363,000 | |
| Land Assessment | $472,400 | Total Assessment | $835,400 |
Property Taxes
Parcel Numbers
Land Assessment
$472,400
Improvements Assessment
$363,000
Total Assessment
$835,400
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Contact the Sale Advisor
3040 Lyndale Ave S