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4209-4225 E 50th St - Multifamily Development Opportunity Lot • Terrain commercial • 0,56 Acres • 3 076 942 $ CAD • Minneapolis, MN 55417
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Faits saillants de l'investissement
- The 50th Street Development is strategically located near key attractions such as the VA Medical Center and the stunning Minnehaha Regional Park.
- Convenient access to transit options, including the Blue Line LRT, connects residents to Downtown Minneapolis and MSP Airport.
- This proximity enhances its appeal for potential residents looking for convenience, recreation, and quality of life.
- This proximity supports a transit-oriented development strategy, making the 50th Street site an ideal choice for investors.
Résumé de l'annonce
Rare infill development opportunity located at 4209-4225 E 50th St., Minneapolis, MN 55417. Currently two adjacent lots zoned CM2 in Corridor 4 Overlay allowing up to 4 stories (higher density possible with site plan review). Minneapolis 2040 Plan designates the CM2 Corridor 4 Mixed-Use District to allow small, moderate, and large-scale commercial uses.
The 50th Street Development is strategically located a short walking distance to the 50th Street/Minnehaha Park Blue Line LRT Station, providing exceptional access to public transit. This prime location enhances the site’s appeal, attracting residents who prioritize convenience and connectivity.
The 50th Street Development is strategically located a short walking distance to the 50th Street/Minnehaha Park Blue Line LRT Station, providing exceptional access to public transit. This prime location enhances the site’s appeal, attracting residents who prioritize convenience and connectivity.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 3 076 942 $ CAD | Taille du lot | 0,56 AC |
| Prix par AC | 5 493 157,03 $ CAD |
| Prix | 3 076 942 $ CAD |
| Prix par AC | 5 493 157,03 $ CAD |
| Taille du lot | 0,56 AC |
The 50th Street Development spans 0.558 acres, comprising two adjacent parcels. Zoned CM2 with a Corridor 4 Built Form Overlay, this site allows for up to 4 stories and a Floor Area Ratio (FAR) of 2.4,supporting diverse development opportunities.
Bike Score®
Très cyclable (84)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 1 077 614 $ CAD | |
| Évaluation du terrain | 448 550 $ CAD | Évaluation totale | 1 526 163 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
448 550 $ CAD
Évaluation des bâtiments
1 077 614 $ CAD
Évaluation totale
1 526 163 $ CAD
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4209-4225 E 50th St - Multifamily Development Opportunity
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