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Active
Listed
$2,400,000
/mo   Edit
MLS# 5686550
Lot/Land
1.05 acres
Minneapolis schools
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    Description:   A shovel ready lot on over an acre of land in the heart of South Minneapolis. The property is directly on Nicollet Ave just blocks down from the large redevelopment set to happen on the old Kmart plot. The 2040 Comprehensive Plan allows for mixed use development up to 6 stories with potential to go higher with city approval. The 2040 plan sets this area up for significant redevelopment with the opening of Nicollet Ave into downtown as the main artery and significant public transportation availability here as well. There is also interest from the neighbors to the south to sell if a developer so desires to go bigger.
    List Price: $2,400,000
    Price/sq ft: None
    Property Type: Lot/Land
    Listing Status: Active
    Contingency: None
    Property Style: Lot/Land
    Neighborhood/Area: Lyndale
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55408

    Exterior

    Road Frontage: City Street

    Lot

    Acres: 1.05
    Lot Description: Public Transit (w/in 6 blks)
    Latitude: 44.93847400
    Longitude: -93.27844400
    Lot Size Dim.: 240 X 190 X 240 X 190
    Restrictions/Covenants: None
    Dev/Complex Name: Park Add
    Topography: Level
    Zoning: Residential-Multi-Family, Business/Commercial

    Schools

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

    Financial & Taxes

    Association Fee: None
    Tax Year: 2020
    Annual Taxes: $84,108
    Assessment Pending: No
    Taxes w/ Assessments: $84,108

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Curbs, Sidewalks
    Available Utilities: Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected, Phone Connected, Cable Connected, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available, Cable Available

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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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