For Sale: Minneapolis MLS# 6826437
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Property Description
Prime development opportunity along the goods and services corridor of Minnehaha Avenue! Three contiguous parcels at the corner of 37th Street and Minnehaha Avenue, offering a rare chance to deliver multi-family housing in one of the city’s most vibrant neighborhood corridors. The sites are positioned within the Corridor 4 built form overlay, supporting the potential for an apartment building in excess of 55, 000 sq. ft., allowing meaningful scale with strong visibility along Minnehaha. The properties already carry R5 underlying zoning, fully aligned with multi-family use and providing a straightforward, clean path through entitlement. Located steps from transit, retail, parks, and the cultural fabric of the Longfellow community, the site presents an exceptional opportunity for developers seeking transformative density in a highly desirable urban corridor.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
2025
State:
MN
Property Style:
Other
Zip Code:
55406
Neighborhood/Area:
34
Subdivision Name:
Palmers Add
Exterior
Garage Spaces:
0
Foundation Size:
26,208 ft2
Handicap Accessible:
Other
Heating System:
None
Parking Features:
None
Lot & Land
Acres:
0.18
Geolocation:
44.935724, -93.225595
Inclusions:
Land
Lot Dimensions:
156' x 168'
Addl Parcels:
0602823330133, 0602823330132
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
558
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,001
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,001
Units
Total Units:
3
Miscellaneous
Current Use:
Residential
Fuel System:
Other
Sewer System:
City Sewer/Connected
Available Utilities:
None Available
Water System:
City Water/Connected
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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 Compass.
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.