Commercial Land with Mixed-Use
2828 & 2824 27th Avenue S, Minneapolis, MN 55406
For Sale
$281,390
Land, Minneapolis, MN
Property SizeContact for details
Lot Size0.34 Acres
Days on Market143
Property Features for 2828 & 2824 27th Avenue S
General Information
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Property subtype
Zoning description
Subdivision
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Listing Agency:
RE/MAX Results · RE/MAX International
(651) 251-4800
Listed By:
Mark K Hulsey · License MN #40169559
(952) 829-2900
Added: Jun 23
Changed: Aug 19
Last Checked: Nov 12 at 8:06AM
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.
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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.
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
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Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
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Business Placement
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
