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318-328 3rd St S - Pressbox Land Assemblage

0.48 Acres of Commercial Land Offered at $3,500,000 in Minneapolis, MN 55401

Investment Highlights

  • Skyway connection opportunity
  • B4 Zoning District allows the highest density office development within the downtown area
  • Zoning code allows: entertainment, residential and public uses which complete the mixed use character of the area

Executive Summary

This prime property portfolio, comprising four addresses on 3rd St. S, totals 0.48 acres with diverse building areas and lot sizes. Zoned B4-1, it supports high-density office, entertainment, residential, and public uses, enhancing its potential for mixed-use development. With Skyway connection opportunities and proximity to major landmarks like U.S. Bank Stadium and the Metro Light Rail Transit Line, this site offers unparalleled access and visibility in the heart of downtown. Ideal for investors and developers looking to capitalize on a vibrant urban location.

Property Facts

Price $3,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.48 AC

1 Lot Available

Lot

Price $3,500,000
Price Per AC $7,291,667
Lot Size 0.48 AC

Lot includes addresses 318 3rd St. S, 320 3rd St. S, 322 3rd St. S, 328 3rd St. S in Minneapolis, MN.

Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 23-029-24-33-0031
  • 23-029-24-33-0029
  • 23-029-24-33-0030
  • 23-029-24-33-0028
Land Assessment
$2,546,500
Improvements Assessment
$219,500
Total Assessment
$2,766,000

zoning

Zoning Code B4-1 (Downtown Business District)
B4-1 (Downtown Business District)
  • Listing ID: 23789555

  • Date on Market: 7/28/2021

  • Last Updated:

  • Address: 318-328 3rd St S, Minneapolis, MN 55401

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