3040 Lyndale Avenue S Minneapolis, MN ^$ 849,999

3040 Lyndale Avenue S

^$ 849,999

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3040 Lyndale Avenue S

Minneapolis, MN, 55408

^$ 849,999

Bedrooms-- Baths-- Sq 7,600

Monthly Estimate*

^$ 5,871

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Commercial Property for sale in Minneapolis, MN

for $849,999. This 7,600 square foot building was built in 1930 on a lot size of 0.38.

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, 4 floors, 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.

Commercial Active

Price

^$ 849,999

Property Type

Commercial

Taxes

^$ 21,190

Style

Lot Size

0.38

Year Built

1930

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7004216

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Age 8 Years or Less

Garage Spaces 3

Year Built 1930

Levels Three Or More

Tax Year 2025

Current Use Professional/Office Commercial Office Professional Service Retail

Accessibility None

County Hennepin

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Auditors Sub 040

Directions Excellent location on the convenient corner of Lyndale and 31st in the Lyn-Lake neighborhood Minneapolis.

City Minneapolis

High School District Minneapolis

Zoning Description Business/Commercial Lot

Number Of Units Total 1

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 21190

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Amenities Unit Patio

Interior

Basement Full Unfinished

Basement (Y/N) Y

Fuel Natural Gas

Exterior

Parking Features Attached Garage Covered Paved Lot

Lot Features Corner Lot

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.38

Building Area Total 7600

Lot Dimensions 62x237

Waterfront Y/N N

Foundation Area 1848

Road Frontage Type City Street

Internal Only

Street Number 1 3040

* Excluded Features

List By

Northstar Real Estate Associates

Broker

Affordability Calculator

$7,637

Per Month

Monthly Principal & Interest: $5,871
Monthly Property Taxes: $1,766
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,095,414

Percent of Sale Price 29%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/25/2026	$799,000	-30.52%	Price Down
5/5/2026	$1,150,000	-6.12%	Price Down
3/23/2026	$1,225,000	-5.77%	Price Down
1/2/2026	$1,300,000		Listed Price

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3040 Lyndale Avenue S, Minneapolis, MN, 55408 is a Commercial Property for sale at $849,999 with 7,600 sqft and a lot size of 0.38. 3040 Lyndale Avenue S was built in 1930. The property's zip code is 55408 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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3040 Lyndale Avenue S

Commercial Property for sale in Minneapolis, MN

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