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Commercial Land with Mixed-Use Zoning
For Sale
$281,390

2828 & 2824 27th Avenue S, Minneapolis, MN 55406

Land, Minneapolis, MN

Property SizeContact for details
Lot Size0.34 Acres
Days on Market96

Property Features for 2828 & 2824 27th Avenue S

General Information

Property type Land
Property subtype Other
Zoning description Business/Commercial, Residential-Single Family
Subdivision South Side Add
High school district Minneapolis
Directions East Lake Street, North on 27th Ave S
Standard status Active
APN 3602924430037
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2730

Utilities

Utilities Water Available
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Mark K Hulsey · License #40169559
Added: Jun 23 Changed: Aug 19 Last Checked: Sep 26 at 9:06AM
MLS# 7097974

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.

Investment Insights

Based on property information with market context.

This offering comprises two contiguous vacant parcels at 2828 and 2824 27th Avenue S, totaling 14,810 SF on 0.34 acres. The land carries UN3 – Urban Neighborhood District and CM3 – Community Mixed-Use District zoning. Listed permitted uses include moderate- to large-scale residential development, community service centers, educational facilities, and lower-impact production facilities.

The property is located blocks from East Lake Street and Hiawatha Avenue, with access to public transit. Apartments are under construction on the same block, while nearby retail and services include Target, CVS, Cub Foods, Aldi, fitness centers, fast-food restaurants, and entertainment options. Water is available at the site.

Key Highlights

  • Two contiguous vacant parcels at 2828 & 2824 27th Avenue S
  • Combined land area of 14,810 SF on 0.34 acres
  • UN3 – Urban Neighborhood District zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic

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

1,277
Businesses Nearby

Demographics for 55406, MN

34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Two vacant adjoining parcels offer UN3 and CM3 zoning with residential, community, educational, and production use options.
Where is this commercial land located?
The property is located at 2828 & 2824 27th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $281,390.
What are key features of this property?
This property features: Two contiguous vacant parcels at 2828 & 2824 27th Avenue S; Combined land area of 14,810 SF on 0.34 acres; UN3 – Urban Neighborhood District zoning
More about this property
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