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Mixed-Use Development Land Site
For Sale
$1,000,000

2402 Central Avenue NE, Minneapolis, MN 55418

Development site with mixed-use potential, positioned along the Transit 10 corridor with capacity for up to 10 stories.

Property SizeContact for details
Days on Market123

Property Features for 2402 Central Avenue NE

General Information

Standard status Active
Property subtype Commercial Lots & Land
Zoning Business/Commercial, Residential-Multi-Family

Taxes and HOA fees

Annual Taxes $11,738

Building Details

Year Built 1911
Stories 10
Listing Agency: Gold Group Realty, LLC
Listed By: Aaron Goldstein
Source: Ivyrealestategroup
Added: Apr 24 Changed: Aug 24 Last Checked: Aug 23 at 7:45AM

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 Gold Group Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use development site is offered for sale in Northeast Minneapolis, with development rights allowing construction up to 10 stories. The offering is well-suited for developers looking to plan for density while maintaining a mixed-use program consistent with the site’s approvals.

The property is described as being in the heart of NE Minneapolis along the Transit 10 corridor on Central Avenue. It is also positioned near Holy Land and Sociable Cider Works, placing it within a broader dining and neighborhood retail environment that includes multiple bars and restaurants.

For buyers, this land presents an opportunity to assemble a project anchored to a transit corridor and surrounded by active local destinations. The ability to build up to 10 stories supports a range of mixed-use concepts, including street-level active uses with higher-intensity development above, subject to the final approvals and design requirements for the specific plan.

Key Highlights

  • Mixed‑use development site in NE Minneapolis along the Transit 10 corridor
  • Located on Central Avenue with capacity for construction up to 10 stories
  • Nearby NE dining options include Holy Land and Sociable Cider Works

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

636
Businesses Nearby

Demographics for 55418, MN

31,887
Population
14,859
Households
2.1
Avg Household Size
37
Median Age
51%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,555
Density / Sq Mi
$95,630
Median Household Income
$56,491
Median Earnings
$1,349
Median Rent
$332,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site with mixed-use potential, positioned along the Transit 10 corridor with capacity for up to 10 stories.
Where is this commercial land located?
The property is located at 2402 Central Avenue NE Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Mixed‑use development site in NE Minneapolis along the Transit 10 corridor; Located on Central Avenue with capacity for construction up to 10 stories; Nearby NE dining options include Holy Land and Sociable Cider Works
More about this property
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