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$ 725,000
Est. payment | /mo
7,840 Sqft Lot
$ 725,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Palmers Add
MLS Listing ID 6826437
Year Built 2025
Annual Tax Amount $4,001
Tax Year 2025
Contingent None
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 156' x 168'
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.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating None
Inclusions Land
Fireplace No
Exterior
Parking Features None
Utilities Available None Available
Present Use Residential
Building
Foundation 26208
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Minneapolis
Listed by Paul Begich • Compass
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