$2,400,000

3536 Nicollet Avenue

Minneapolis MN, 55408

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.

Details

MLS#5686550
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site8

Features

Market Activity 55408

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Area Information
StateMN
CountyHennepin
CityMinneapolis
Zip Code55408
Community NamePark Add
Listing VS Median (in Park Add)
Price:
$2,400,000
low | high
Med:
$207,450
100% of Average
On Site:
8
low | high
Med:
67.500000
11.851851851852% of Average
Listing Updated: November 19, 2020 3:12:37 AM PST
Cameron C. McCambridge LogoMLS Number: 5686550
Listing Provided By:
Cameron C. McCambridge  of  Edina Realty Inc.

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