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1407 Washington Ave S - Seven Corners 1.16 Acres of Commercial Land Offered at $8,205,240 CAD in Minneapolis, MN 55454

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INVESTMENT HIGHLIGHTS

Located on the I-35W corridor of the University of Minnesota’s West Bank Campus
2 blocks from the University of Minnesota Law School and Carlson School of Management
Existing retail buildings totaling ±37,540 sf

Direct access and visibility from Washington Ave. S and I-35W
Zoning and Future Land Use allow for a mixed-use residential development

EXECUTIVE SUMMARY

Welcome to 1407 Washington Ave S, a prime development opportunity in
the heart of Minneapolis’ vibrant University of Minnesota West Bank Campus.
Strategically situated on the I-35W corridor and located on the eastern edge of
Downtown Minneapolis, future occupiers will enjoy being near a wide range of
restaurants, shops and amenities which a future development will enjoy.

Marketing Brochure/Flyer

PROPERTY FACTS

Price	$8,205,240 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Bank Bar Tienda de conveniencia Drugstore General Freestanding Hold For Development Hold For Investment Hotel Planned Unit Development Religious Facility Storefront, Retail or Office Strip Centre
No. Lots	1	Total Lot Size	1.16 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CM3,CM4 Mixed Use - Future Land Use is Destination Mixed Use and Community Mixed Use.

Price	$8,205,240 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Bank Bar Tienda de conveniencia Drugstore General Freestanding Hold For Development Hold For Investment Hotel Planned Unit Development Religious Facility Storefront, Retail or Office Strip Centre
Total Lot Size	1.16 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CM3,CM4 Mixed Use - Future Land Use is Destination Mixed Use and Community Mixed Use.

1 LOT AVAILABLE

Lot

Price	$8,205,240 CAD	Lot Size	1.16 AC
Price Per AC	$7,073,482.77 CAD

Price	$8,205,240 CAD
Price Per AC	$7,073,482.77 CAD
Lot Size	1.16 AC

DESCRIPTION

+/-1.15 acres located on the I-35W corridor of the University of Minnesota’s West Bank Campus. Property is currently vacant retail space with direct access and visibility from I-35W and Washington Ave S. This site is situated between Downtown Minneapolis and The University of Minnesota, offering a development opportunity that can take advantage of its prime location.

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Walk Score®

Very Walkable (85)

Transit Score®

Excellent Transit (80)

Bike Score®

Very Bikeable (81)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

(612) 839-1005

CONTACT

Brian Pankratz
CBRE, Inc.

Listing ID: 35481810
Date on Market: 2023-12-05
Last Updated:
Address: 1407 Washington Ave S, Minneapolis, MN 55454

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