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$ 649,900
Est. payment /mo
New
5022 34th AVE S Minneapolis, MN 55417
8,711 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7089488
Year Built 1950
Annual Tax Amount $11,014
Tax Year 2026
Contingent None
Lot Size 8711.000 Acres
Lot Dimensions 131x66
Property Description
Outstanding redevelopment opportunity with exceptional long-term potential. The 2040 Plan allows for development up to four stories, creating exciting possibilities for investors, developers, and owner-users. Situated in a neighborhood experiencing significant revitalization, this property is well-positioned to benefit from continued growth and investment. Enjoy excellent walkability and convenient access to shopping, major freeways, light rail, and the airport. Currently operating as a used care sales lot, the property offers immediate functionality while future development plans take shape. Seller is open to a Contract for Deed, providing added flexibility for qualified buyers.
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building, Business
Fireplace No
Exterior
Parking Features Attached Garage, Concrete
Garage Spaces 2.0
Utilities Available Electric Separate
Present Use Other
Building
Story One
Foundation 1408
Sewer City Sewer/Connected, City Sewer - In Street
Water City Water/Connected, City Water - In Street
Level or Stories One
New Construction false
Schools
School District Minneapolis
Listed by Coldwell Banker Realty - Southwest Regional