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3040 Lyndale Ave S, Minneapolis, MN 55408
3040 Lyndale Ave S, Minneapolis, MN 55408
3040 Lyndale Ave S, Minneapolis, MN 55408
3040 Lyndale Ave S, Minneapolis, MN 55408
3040 Lyndale Ave S, Minneapolis, MN 55408
3040 Lyndale Ave S, Minneapolis, MN 55408
3040 Lyndale Ave S, Minneapolis, MN 55408

3040 Lyndale Ave S Minneapolis, MN 55408

$849,999

ACTIVE
Beds
Baths
Sqft
Acres
0.38
Year
1930
Days on Site
6 Days
Property Type
Commercial Sale
Sub Type
Per Square Foot
$849,999
Date Listed
Jan 2, 2026

Description of 3040 Lyndale Ave S, Minneapolis, MN 55408

Listing details for 3040 Lyndale Ave S, Minneapolis, MN 55408 : Welcome to 3040 Lyndale Ave S in the heart of the highly sought-after Lyn-Lake neighborhood (CM3 Zoning). 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. 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.
Listing Updated : 08-11-2026 at 5:16 AM CDT
Source

NorthstarMLS as distributed by MLS GRID, MLS#: NST7004216

For more information on this listing contact us at 612-712-1154

Property History

DateEventPrice
1/2/2026
Listed for sale
$849,999
Source:NorthstarMLS #NST7004216
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Based on information submitted to the MLS GRID as of 2026-08-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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For more information on this listing contact us at 612-712-1154