Commercial Land with Corridor 6
3009 Emerson Avenue S, Minneapolis, MN 55408
For Sale
$795,000
CM4 zoning supports residential development, with a six-story concept that includes below-grade parking.
Property Size2,910 SF
Price / SF$273.20
Days on Market155
Property Features for 3009 Emerson Avenue S
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Aire LLC
Listed By:
Aire Brokers
(612) 888-5888
Source:
Hewittjacksonrealestate
Added: Jun 8
Changed: Nov 7
Last Checked: Nov 8 at 2:57PM
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 Aire LLC
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Investment Insights
Based on property information with market context.
The 5,913 SF parcel is marketed for redevelopment and has an existing occupied structure. CM4 zoning and the Corridor 6 Built Form Overlay support a residential concept with approximately 25,200 SF of by-right buildable area. Preliminary massing shows a six-story, 5-over-1 design with 25–26 potential dwelling units, subject to final plans and approvals. The concept places parking below grade, where it would not count toward FAR, and shows six residential floors above.
The overlay allows 4.26 FAR with two standard premiums and a maximum height of 84 feet. Parking requirements are flexible under the transit corridor designation, and screened surface parking may be located in setback areas. A south-side setback variance could increase the concept to approximately 28,000 SF and 28–30 units. Buyers should verify zoning, setbacks, applicable FAR premiums, and development potential.
The overlay allows 4.26 FAR with two standard premiums and a maximum height of 84 feet. Parking requirements are flexible under the transit corridor designation, and screened surface parking may be located in setback areas. A south-side setback variance could increase the concept to approximately 28,000 SF and 28–30 units. Buyers should verify zoning, setbacks, applicable FAR premiums, and development potential.
Key Highlights
- 5,913 SF lot in South Minneapolis
- CM4 zoning with Corridor 6 Built Form Overlay
- Approximately 25,200 SF of by‑right residential buildable area
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Location Intelligence
Trade Area within ½ mile
3,157
Businesses Nearby
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Business Placement
Demographics for 55408, MN
33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - CM4 zoning supports residential development, with a six-story concept that includes below-grade parking.
Where is this commercial land located?
The property is located at 3009 Emerson Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,913 SF lot in South Minneapolis; CM4 zoning with Corridor 6 Built Form Overlay; Approximately 25,200 SF of by‑right residential buildable area
