, Minneapolis, MN 55408 (MLS# 6535652)
$1,250,000
MLS# 6535652
Status: Closed
7600 sqft
1 / 64
Property Description
Beautifully Maintained Stand-Alone Retail/Office/Live-Work building with great parking for up to 18 cars! Sale includes both 3040 Lyndale (corner building, 5 car lot, and 3 garages connected to building) + 3045 Aldrich (10 car lot). Generous CM3 building zoning with many retail, office, and residential/multifamily/Live-work uses permitted. Owner occupied by Top Shelf Apparel â building will be vacated at closing, possibility for a short term lease-back. Perfect for an Owner/User to occupy or Investor. These properties have been meticulously cared for both inside and outside. 4 floors totaling 7,600 SF with 2,200 SF in the basement, 1st, and 2nd floors and 1,000 SF on the 3rd floor. The 3 garage stalls are conveniently attached to the first floor to provide additional storage and parking. The basement is unfinished, but useable - currently used for alterations. Excellent location on the convenient corner of Lyndale and 31st in Lyn-Lake. Contract for Deed possible.
Details
Contract Information
Digitally Altered Photos: No
Status: Closed
Off Market Date: 2024-12-31
Current Price: 1100000
Closed Date: 2024-12-31
Sales Close Price: 1100000
Contingency: None
ListPrice: 1250000
List Date: 2024-05-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 18
Owner Occupied: Yes
Year Built: 1930
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Lot
Foundation Size: 1848
Garage Stalls: 3
For Sale or Lease: For Sale
Acres: 0.38
Lot Dimensions: 62x237
Location Tax and Other Information
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Auditors Sub 040
Additional Parcels Information
Property ID #2: 0402824110014
Assessments
Tax With Assessments: 15282.89
Building Information
Building Finished SqFt: 5400
Building SqFt: 7600
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 04
Township#: 28
Sale Options
Sale Includes: Business, Land
Unit Details
Total Units: 1
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Patio
Basement: Full; Unfinished
CMU Style: Apartments and Retail; Office; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Office; Professional Service; Retail
Exterior: Aluminum Siding; Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Contract for Deed; Conventional
Lock Box Type: None
Lot Description: Corner Lot
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Covered; Paved Lot
Rental License Type: Standard
Road Frontage: City Street
Roof: Age 8 Years or Less
Sewer: City Sewer/Connected
Stories: Three Or More
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: August - 08 - 2025
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