Listing Agency: VR Business Sales Mergers and Acquisitions

Listed By: Young Bebus · License #MN 40728015

Source: Crexi

Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 9:10AM

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Investment Insights

Based on property information with market context.

This mixed-use development site comprises two parcels totaling 0.39 acres. The property is designated Residential zoning and is identified for mixed-use development planning.

The site is located at 2400 Chicago Ave in Minneapolis's Phillips West neighborhood. Abbott Northwestern's expansion is scheduled to open in late 2026, providing a documented institutional development milestone in the surrounding area.

Key Highlights

• 0.39‑acre development site
• Two‑parcel configuration
• Residential zoning

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Veterinary Clinic Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & Service Restaurant

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

4,002

Businesses Nearby

Explore this area Business Placement

Demographics for 55404, MN

29,322

Population

14,372

Households

2

Avg Household Size

32

Median Age

35%

College-Educated

81%

High-School Grad

1.8 sq mi

ZIP Area

16,290

Density / Sq Mi

$43,932

Median Household Income

$35,970

Median Earnings

$1,063

Median Rent

$294,200

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Two-parcel development site with Residential zoning in Minneapolis's Phillips West neighborhood.

Where is this mixed-use property located?

The property is located at 2400 Chicago Ave Minneapolis, MN.

What are key features of this property?

This property features: 0.39‑acre development site; Two‑parcel configuration; Residential zoning