For Sale: Minneapolis MLS# 6733010
Active
NEW!
$800,000
Commercial: Apartments
Built 1900
0.39 acres
Minneapolis schools
MLS# 6733010
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Property Description
Unlock the potential of this exceptional corner lot located in one of Northeast Minneapolis' most rapidly transforming corridors. This 0.39-acre site spans two parcels—2500 Madison St NE and 661 Lowry Ave NE—positioned at the intersection of future-forward city planning and vibrant urban energy.
Designated under the Minneapolis 2040 plan with Corridor 6 zoning guidance, the site is ideal for medium-to-high-density multifamily development. The classification allows for buildings of potentially up to six stories, with ground-floor commercial optional—offering flexibility for both mixed-use and purely residential projects.
Whether you're looking to break ground immediately or land landbank for future appreciation, this site offers a rare opportunity to invest in one of the city's most dynamic neighborhoods. With strong public infrastructure improvements in motion and favorable long-term planning guidance, this property stands out as a prime covered land play with significant upside.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$800,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Apartments
Zip Code:
55418
Neighborhood/Area:
Holland
Subdivision Name:
Leavitts Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Foundation Size:
17,020 ft2
Handicap Accessible:
None
Heating System:
None
Parking Features:
None
Exterior Material:
Other
Lot & Land
Acres:
0.39
Geolocation:
45.013372, -93.254669
Inclusions:
Building, Land
Lot Dimensions:
185 x 92
Addl Parcels:
1102924130100
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,070
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,070
Units
Total Units:
2
Miscellaneous
Current Use:
Other
Fuel System:
Other
Owner Occupied:
No
Sewer System:
None
Available Utilities:
None
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of NAI Legacy.
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.