For Sale: Minneapolis MLS# 7061500
Active
NEW!
$450,000
Lot/Land: Lot/Land
Built 1905
0.11 acres
Minneapolis schools
MLS# 7061500
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Property Description
Development opportunity on Corridor-6 (2040 plan zoning) infill site. With 3x lot size base FAR (Floor
area ratio before add-ons) ability and max 6-stories height, the site affords numerous development
options. The current structure is a residential rental, so the building can offer supplemental income
during the planning process, or operate as a holding place for a future project. The fun vibe of Uptown/Lyn-Lake area offers an abundance of local shops and restaurants. Mpls' famed 'Lakes Area' is located just to the west. Easy access to major freeways and downtown markets. Note, some restrictions will apply given lot size, so please research the Corridor-6 guidelines. Please do not walk around the site without an appointment, the building is occupied.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Lot/Land
City:
Minneapolis
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Lot/Land
Zip Code:
55405
Neighborhood/Area:
84
Subdivision Name:
Rgt Fergusons Add
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Storm Sewer
- Street Lights
Lot & Land
Acres:
0.11
Geolocation:
44.95777, -93.287609
Inclusions:
None
Lot Dimensions:
40 x 118
Restrictions:
Open
Zoning:
Residential-Single Family
Lot Description:
Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,082
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,082
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Other
Improvements:
Curbs, Paved Streets, Public Road, Sidewalks, Storm Sewer
Available Utilities:
- Broadband Available
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Sewer Available
- Sewer Connected
- Water Available
- Water Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty - Lakes.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.