, Minneapolis, MN 55408 (MLS# 7004216)

Minneapolis, MN 55408

$849,999
Property Type: Commercial Square Footage: 7,600 Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $849,999 List Date: 1/02/2026 Last Modified: 8/19/2026

Overview

Description

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.

Listing Details MLS# 7004216

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
18
Owner Occupied
Yes
Waterfront YN
No
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
Assessment Pending
No

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 Foundation: Combination Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional 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

Contract Information

Contingency
None
ListPrice
849999
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55408
Complex/Dev/Subdivision
Auditors Sub 040

Assessments

Tax With Assessments
29205
Assessment Balance
0

Building Information

Building Finished SqFt
7600
Building SqFt
7600

More Information

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
Building

Unit Details

Total Units
Yes

Unit Information

No. of Efficiency Units
3

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 011 AUDITOR'S SUBD. NO. 040
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3726
Property ID Number
0402824110013
Tax Year
2025
Tax Amount
21190
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

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

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Patio
Yes

Basement

Full
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Aluminum Siding
Yes
Brick/Stone
Yes

Foundation

Combination
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lot Description

Corner Lot
Yes

Parking Characteristics

Covered
Yes
Paved Lot
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Apartments and Retail
Yes
Office
Yes
Retail/Shopping Center
Yes

Current Use

Business Service
Yes
Commercial
Yes
Office
Yes
Professional Service
Yes
Retail
Yes

Loan Terms

Cash
Yes
Contract for Deed
Yes
Conventional
Yes
IDX
Listing Office: Northstar Real Estate Associates
Last Updated: August - 19 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.