Log In/Sign Up
Your email has been sent.
3040 Lyndale Ave S 7,600 SF 100% Leased Office Building Minneapolis, MN 55408 $1,783,197 CAD ($234.63 CAD/SF)
EXECUTIVE SUMMARY
This rare two-address opportunity includes both 3040 Lyndale Ave S and 3045 Aldrich Ave S in the heart of the highly desirable Lyn-Lake neighborhood, offering unmatched flexibility and value with all furniture included at no extra cost at the seller’s discretion. The non-historic corner building retains its original charm and features four levels totaling approximately 7,600 square feet, including a usable leased basement, 9+ executive offices, multiple co-working and collaborative spaces, three attached garage stalls, and a five-car on-site parking lot, while the second parcel provides a ten-car parking lot with flexibility for future development. 3040 Lyndale is zoned CM3 and allows for retail, office, residential, multifamily, or live-work uses and currently generates $1,525 per month from two month-to-month tenants, providing immediate cash flow. 3045 Aldrich is zoned UN3 and is ideal for residential. Located at the high-visibility corner of Lyndale and 31st, this is a rare chance to own a versatile, income-producing property in one of Minneapolis’ hottest area. Please do not disturb tenants and schedule all tours through the listing brokers.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
7,600 SF
Building Class
C
Year Built
1930
Price
$1,783,197 CAD
Price Per SF
$234.63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,800 SF
Building FAR
0.55
Lot Size
0.32 AC
Zoning
CM3 & UN3 - Community Mixed Use Zoning District (Building) & Urban Neighborhood 3 Zoning District (Parking Lot)
Parking
18 Spaces (2.37 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $497,923 CAD | |
| Land Assessment | $647,986 CAD | Total Assessment | $1,145,910 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$647,986 CAD
Improvements Assessment
$497,923 CAD
Total Assessment
$1,145,910 CAD
1 of 44
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3040 Lyndale Ave S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.