5020 Xerxes Avenue S, Minneapolis, MN 55410

Building Details

Architectural style

Other

Listing agent Christian K Lindgren Show Phone

Listing office Keller Williams Realty Integrity Lakes k***@kw.com 800 N Washington Ave N, Ste 460, Minneapolis, MN Show Phone

Listing date Apr 16, 2026

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MLS# 7056708 Listing URL

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Located at 5020 Xerxes Ave S in Minneapolis, this 42’ x 128’ paved commercial lot offers a development opportunity in a desirable urban neighborhood. The lot is approximately 5,376 SF. Currently used as a parking lot, the site is redevelopment-ready with no structural demolition required. Positioned near West 50th Street transit connections, the property has accessibility via Metro Transit Routes 36 and 46, with service north to Uptown and south to Southdale and surrounding employment centers. The lot is suited for mixed-use, live/work, small multifamily, or premium residential infill, subject to zoning verification with the City of Minneapolis zoning maps. The surrounding corridor supports a blend of neighborhood retail, office, and residential uses, making this a compelling opportunity for a 2–3 story mixed-use concept with street presence and upper-level residential units. Located in a walkable Southwest Minneapolis node near neighborhood services, retail, dining, and established residential demand, this is an ideal acquisition for a local infill developer, boutique builder, or owner-user investor seeking a strategic foothold in a supply-constrained market.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Minneapolis

County

Anoka

State

Minnesota

Longitude

-93.319218

Latitude

44.911707

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FAQs

What type of property is this?

Commercial land - Paved commercial lot in desirable urban neighborhood. Redevelopment ready.

Where is this commercial land located?

The property is located at 5020 Xerxes Avenue S Minneapolis, MN.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: Prime Southwest Minneapolis location in a highly desirable market.; Redevelopment‑ready 5,376 SF paved commercial lot.; Ideal for mixed‑use, live/work, small multifamily, or premium residential infill development.