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Active NEW!
$1,150,000
/mo Edit
Lot/Land:  Lot/Land
0.17 acres
Minneapolis schools
MLS# 6782194
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    Property Description

    Rare development opportunity on standalone Corridor 4 (2040 plan zoning) infill site. With 2x lot size FAR (Floor area ratio) ability and 56’ height cap, the site affords numerous development options up to 4 stories and 14, 810 sf of above ground build capacity (before add-ons). Add a location that abuts the trolly path to downtown Linden Hills and access to the retail on 44th, this location shouts for redevelopment… so bring your ideas. Current structure is a mixed-use structure with one-level office space and a two-story residential townhome styled rental. Both units have below ground finished sf also. The building can offer excellent supplemental income during the planning process…or as a holding place for a future project. Linden Hills and Mpls’ lakes area is a favorite for many, with its charming housing, rich neighborhood life, and fantastic outdoor recreational activities. You will also find an abundance of local shops and restaurants as well as miles of interconnected trails throughout the chain of lakes. Please do not walk around the site without an appointment, the building is occupied.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55410
    Neighborhood/Area: Linden Hills
    Subdivision Name: Mumford Park Add

    Exterior

    Out Buildings: Additional Garage
    Road Responsibility: Public Maintained Road
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights

    Lot & Land

    Acres: 0.17
    Geolocation: 44.923813, -93.319256
    Inclusions: None
    Lot Dimensions: Irregular
    Restrictions: Easements
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description:
    • Infill Lot
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $13,937
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $13,937
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Curbs, Paved Streets, Public Road, Shared Driveway, Sidewalks, Storm Sewer
    Available Utilities:
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Other Connected
    • Phone Available
    • Sewer Available
    • Water Available

    Mortgage Calculator

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    Payment:  /mo

    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!

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