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Downtown Minneapolis Development Opportunity
For Sale
$4,671,810

41 North 10th Street, Minneapolis, MN 55403

Large infill development site in downtown Minneapolis.

Property Size1 SF
Price / SF$4,671,810
Days on Market128

Property Features for 41 North 10th Street

General Information

Standard status Active
Size 1 SF
Property subtype Land
Listing Agency: CBRE - Minnesota
Listed By: Brian Pankratz
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 3:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Minnesota

Investment Insights

Based on property information with market context.

This property is a large infill development site located in the Downtown Center District. It is currently operated as a 158-stall surface parking lot. The site offers quick access to I-394, I-94, and Hwy 55. Its flexible zoning allows for entertainment, hospitality, office, and residential uses. The property is close to major CBD attractions, including Target Field, Target Center, First Avenue, the State Theatre, and the Pantages Theatre, which draw over 4 million visitors per year. This presents an opportunity for mixed-use development in the Minneapolis CBD. The property is located within a Qualified Census Tract and has a size of 1 acre.

Key Highlights

  • Large infill development site in Minneapolis CBD
  • Flexible Zoning allowing entertainment, hospitality, office, residential
  • Opportunity for mixed‑use development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Veterinary Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,864
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 35% Superstores 33% Shops & Services 25% Dining 7%
Target Superstores
40,271 visits/mo 0.4 miles
Holiday Station Store Shops & Services
24,887 visits/mo 0.5 miles
Embassy Suites By Hilton Minneapolis Downtown Hotels & Casinos
22,460 visits/mo 0.3 miles
Hampton Inn & Suites Minneapolis/Downtown Hotels & Casinos
10,010 visits/mo 0.1 miles
Element Minneapolis Downtown Hotels & Casinos
5,780 visits/mo 0.4 miles

Demographics for 55403, MN

17,707
Population
12,906
Households
1.4
Avg Household Size
35
Median Age
59%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,648
Density / Sq Mi
$59,928
Median Household Income
$50,876
Median Earnings
$1,199
Median Rent
$285,200
Median Home Value

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large infill development site in downtown Minneapolis.
Where is this commercial land located?
The property is located at 41 North 10th Street Minneapolis, MN.
What is the asking price?
The asking price for this property is $4,671,810.
What are key features of this property?
This property features: Large infill development site in Minneapolis CBD; Flexible Zoning allowing entertainment, hospitality, office, residential; Opportunity for mixed‑use development
More about this property
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