Paved Commercial
For Sale
$549,000
5020 Xerxes Avenue S, Minneapolis, MN 55410
Paved urban parcel currently configured for commercial parking near Metro Transit connections.
Property SizeContact for details
Days on Market138
Property Features for 5020 Xerxes Avenue S
General Information
Standard status
Active
Property subtype
Unimproved Land
Amenities
None Connected, Other Available
Listing Agency:
Minneapolis Lakes
(612) 270-5234
Listed By:
Chris Lindgren · License #MN
(612) 270-5234
Source:
Kw
Added: Apr 17
Changed: Aug 30
Last Checked: Sep 1 at 12:23AM
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 Minneapolis Lakes
Investment Insights
Based on property information with market context.
Located at 5020 Xerxes Avenue S in Minneapolis, this commercial land parcel comprises approximately 5,376 SF and measures 42 feet by 128 feet. The paved site is currently used as a parking lot and has no structural improvements requiring demolition. Exterior features are listed as none connected and other available.
The property is near West 50th Street transit connections, with access to Metro Transit Routes 36 and 46. Route service connects the area with Uptown, Southdale, and surrounding employment centers. The surrounding corridor includes neighborhood retail, office, and residential uses, along with nearby dining and services. Potential redevelopment concepts described for the site include boutique mixed-use, live/work, small multifamily, and residential infill, subject to verification through City of Minneapolis zoning maps.
The property is near West 50th Street transit connections, with access to Metro Transit Routes 36 and 46. Route service connects the area with Uptown, Southdale, and surrounding employment centers. The surrounding corridor includes neighborhood retail, office, and residential uses, along with nearby dining and services. Potential redevelopment concepts described for the site include boutique mixed-use, live/work, small multifamily, and residential infill, subject to verification through City of Minneapolis zoning maps.
Key Highlights
- Approximately 5,376 SF of commercial land
- 42' x 128' paved parcel
- Currently configured as a parking lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,153
Businesses Nearby
Explore this area
Business Placement
Demographics for 55410, MN
21,352
Population
8,685
Households
2.5
Avg Household Size
40
Median Age
78%
College-Educated
99%
High-School Grad
3.1 sq mi
ZIP Area
6,888
Density / Sq Mi
$144,973
Median Household Income
$77,518
Median Earnings
$1,622
Median Rent
$597,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Paved urban parcel currently configured for commercial parking near Metro Transit connections.
Where is this commercial land located?
The property is located at 5020 Xerxes Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Approximately 5,376 SF of commercial land; 42' x 128' paved parcel; Currently configured as a parking lot
