3536 Nicollet Avenue, Minneapolis, MN 55408 | MLS 5686550 | Listing Information | BHHS Advantage - Owatonna Real Estate

3536 Nicollet Avenue,  Minneapolis MN, 55408

(Active)
$2,400,000
|
|
MLS# 5686550
1of
Full Screen Photos
Photos
Map
Last Updated: 11/28/2020 1:34 AM
Description for 3536 Nicollet Avenue Minneapolis, MN 55408
A shovel ready lot on over an acre of land in the heart of South Minneapolis. The property is directly on Nicollet Ave just blocks down from the large redevelopment set to happen on the old Kmart plot. The 2040 Comprehensive Plan allows for mixed use development up to 6 stories with potential to go higher with city approval. The 2040 plan sets this area up for significant redevelopment with the opening of Nicollet Ave into downtown as the main artery and significant public transportation availability here as well. There is also interest from the neighbors to the south to sell if a developer so desires to go bigger.
Price
$2,400,000
Park Add
Hennepin
5686550
Active
Description
A shovel ready lot on over an acre of land in the heart of South Minneapolis. The property is directly on Nicollet Ave just blocks down from the large redevelopment set to happen on the old Kmart plot. The 2040 Comprehensive Plan allows for mixed use development up to 6 stories with potential to go higher with city approval. The 2040 plan sets this area up for significant redevelopment with the opening of Nicollet Ave into downtown as the main artery and significant public transportation availability here as well. There is also interest from the neighbors to the south to sell if a developer so desires to go bigger.
Listing Information
Property Type: Land, Other
0 1.05 Acres
28//
Park Add
Electricity, Natural Gas, Phone, Sewer, Water
Neighborhood
School Information
District: Minneapolis
Room Information
Exterior / Lot Features
240 X 190 X 240 X 190
Residential-Multi-Family,Business/Commercial
Level
Public Transit (w/in 6 blks)
Driving Directions
Nicollet Ave to 3536 Nicollet
Financial Considerations
$84,108
None

Minneapolis Real Estate

Minneapolis is located in Minnesota. Minneapolis, Minnesota 55408 has a population of 417,625.

The median household income in Minneapolis, Minnesota 55408 is $45,813. The median household income for the surrounding county is $60,003 compared to the national median of $50,013. The median age of people living in Minneapolis 55408 is 38 years.

Loading nearby sales and history ...
Courtesy: Edina Realty, Inc.
®Copyright 2020, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. This broker is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice.
This content last refreshed on 11/28/2020 1:34 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation