$370,000
$390,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1901 E Lake ST Minneapolis, MN 55407
0.29 Acres Lot
Key Details
Sold Price $370,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Minnehaha Add
MLS Listing ID 6767289
Annual Tax Amount $5,274
Tax Year 2025
Lot Size 0.290 Acres
Property Description
Hard corner Lot in Minneapolis, flat, buildable and zoned C1. The property is zoned CM3, Community Mixed Use District, which allows many neighborhood serving commercial uses.----------
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Prime development opportunity near Lake Street! Zoned for high-density use with potential to build up to a 10-story mixed-use or multifamily building. Ideal for developers seeking vertical growth in a walkable, transit-connected corridor. Located steps from Lake Street, in alignment with the City's Comprehensive Plan encouraging denser, mixed-use projects. Unique expansion potential with the city-owned lot behind the property. While no current agreement exists, the City has expressed interest in future assemblage to support higher-density development. Seize this chance to shape the future of South Minneapolis.
Location
State MN
County Hennepin
Zoning Business/Commercial
Exterior
Utilities Available None Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Schools
School District Minneapolis
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