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425 E Hennepin Ave Minneapolis, MN 55401

For Sale
$3,900,000

Prime location in thriving arts and history neighborhood.

Property size:
24,900 SF
Lot size:
1.61 Acres

Property Features for 425 E Hennepin Ave

General Information

Size
24,900 SF
Lot size
1.61 Acres

Source: TaTonka Real Estate Advisors Agent Corey Whitbeck

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Redevelopment Site in Minneapolis

This is a prime redevelopment site located in the Nicollet Island East Bank neighborhood of Northeast Minneapolis. The area is known for its arts, history, shopping, restaurants, bars, trails, and views of the river and Downtown Minneapolis. The neighborhood has seen development of mid and high-rise multifamily housing with street-level retail spaces. Eight such developments have been completed within a 4-block radius over the past 12 years. The site is zoned for Community Mixed Use (CM3). The Minneapolis 2040 Comprehensive Plan supports densification with Built Form Guidance of 10 to 30 stories in this Transit 30 district. The property size is 24900 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Minneapolis
County
Anoka
State
Minnesota
Longitude
-93.2542787
Latitude
44.9893476

FAQs

What type of property is this?
Commercial land - Prime location in thriving arts and history neighborhood.
Where is this commercial land located?
The property is located at 425 E Hennepin Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: - Prime redevelopment site in the thriving Nicollet Island East Bank neighborhood; - Zoned for Community Mixed Use (CM3); - Minneapolis 2040 Comprehensive Plan supports densification with **10 to 30 stories**
More about this property
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