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3700 Minnehaha Ave - Minnehaha Avenue Corner Lot

0.41 Acres of Commercial Land Offered at $799,900 in Minneapolis, MN 55406

Commercial Land Minnesota Minneapolis 3700 Minnehaha Ave, Minneapolis, MN 55406

Investment Highlights

  • Preliminary Entitlements for Multi-Family with no Commerical Space Requirement Complete!
  • Zoned for up to 63,694 GFA of Multi-Family
  • All Existing Utilities to Single Family Homes Removed to the Street
  • Many New Multi-Family buildings in the neighborhood

Executive Summary

Some preliminary development work has already begun on this prime Minnehaha Avenue site! See attached documents with dialogue from city staff. All existing utilities have been disconnected at the curb and all overhead power lines bordering the property have been moved to the opposite side of the alley. Zero setback is allowed on both sides of the corner of this lot and NO COMMERCIAL SPACE IS REQUIRED! Up to 63,694 GFA is allowed with NO VARIANCES! Up to 42,463 GFA with no bonuses (2.4 base FAR). Please see attached survey, inquire for more information.

Attachments

Email with City Planners
Setbacks from City Planning
Alta Survey

Property Facts

Price $799,900 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Redevelopment Project Total Lot Size 0.41 AC
No. Lots 1
Price $799,900
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.41 AC

1 Lot Available

Lot 2,3,4

Price $799,900 Lot Size 0.41 AC
Price Per AC $1,950,976
Price $799,900
Price Per AC $1,950,976
Lot Size 0.41 AC

Three Contiguous Lots on Minnehaha Avenue! This property sale includes 3700 Minnehaha Avenue, 3704 Minnehaha Avenue, and 3217 37th Street East. This CM2 zoned property has the ability to support up to 63,694SF of Multi-Family with NO VARIANCES!

Description

2 existing homes with 2 detached garages ready for redevelopment. Zoned CM2 with no commercial space required! All utilities already disconnected at street.

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Bike Score ®
Biker's Paradise (99)
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PROPERTY TAXES

Parcel Number 06-028-23-33-0133 Improvements Assessment $0
Land Assessment $63,000 Total Assessment $63,000

PROPERTY TAXES

Parcel Number
06-028-23-33-0133
Land Assessment
$63,000
Improvements Assessment
$0
Total Assessment
$63,000

zoning

Zoning Code CM2 (Corridor mixed use district includes small,moderate and large-scale commercial uses. Mixed-use multi-story development is encouraged but not required)
CM2 (Corridor mixed use district includes small,moderate and large-scale commercial uses. Mixed-use multi-story development is encouraged but not required)
(952) 210-1705

Contact

  • Alex Brogle
    Alex Brogle
  • Aberdeen Companies

  • Listing ID: 33158158

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 3700 Minnehaha Ave, Minneapolis, MN 55406

More public record information on 3700 Minnehaha Ave, Minneapolis, MN 55406

The Land Property at 3700 Minnehaha Ave, Minneapolis, MN 55406 is currently available for sale. Contact Aberdeen Companies for more information.

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3700 Minnehaha Ave - Minnehaha Avenue Corner Lot
(952) 210-1705 x

3700 Minnehaha Ave - Minnehaha Avenue Corner Lot

Alex Brogle

(952) 210-1705

(952) 210-1705

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