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Active NEW!
$390,000
/mo Edit
Lot/Land:  Lot/Land
0.29 acres
Minneapolis schools
MLS# 6767289
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    Property Description

    Hard corner Lot in Minneapolis, flat, buildable and zoned C1. The property is zoned CM3, Community Mixed Use District, which allows many neighborhood serving commercial uses.---------- ------- Prime development opportunity near Lake Street! Zoned for high-density use with potential to build up to a 10-story mixed-use or multifamily building. Ideal for developers seeking vertical growth in a walkable, transit-connected corridor. Located steps from Lake Street, in alignment with the City’s Comprehensive Plan encouraging denser, mixed-use projects. Unique expansion potential with the city-owned lot behind the property. While no current agreement exists, the City has expressed interest in future assemblage to support higher-density development. Seize this chance to shape the future of South Minneapolis.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55407
    Neighborhood/Area: Corcoran
    Subdivision Name: Minnehaha Add

    Lot & Land

    Acres: 0.29
    Geolocation: 44.948124, -93.244517
    Inclusions: None
    Lot Dimensions: 125.10 x 100.00
    Restrictions: Other
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,274
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,274
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Other
    Improvements: None
    Available Utilities:
    • Electricity Available
    • Natural Gas Available
    • None Connected
    • Sewer Available
    • Water Available

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Fahan Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.