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$ 550,000
Est. payment | /mo
5,227 Sqft Lot
$ 550,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Ridgeways 1St Add
MLS Listing ID 6802622
Annual Tax Amount $1,820
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 38x132x38x132
Property Description
Prime Multi-Family Development Opportunity! This zoned commercial lot is perfectly positioned for a 34-unit apartment building in the heart of a thriving community. Located just blocks from George Floyd Square, steps from a major bus line, and within walking distance to grocery stores and local amenities, this site is ideal for affordable housing development. The area boasts strong community engagement and ongoing revitalization, making it a prime investment for developers seeking high demand and growth potential. Don't miss the chance to contribute to the community with a well-located, thoughtfully designed multi-family project. Reach out today for site plans and development details!
Location
State MN
County Hennepin
Zoning Residential-Single Family
Interior
Inclusions Deck
Fireplace No
Exterior
Utilities Available None Connected, None Available
Building
Lot Description Additional Land Available, Public Transit (w/in 6 blks)
Schools
School District Minneapolis
Others
Restrictions None
Listed by Arne Johansson • eXp Realty
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Tom Ott
REALTOR® | Lic# 590400