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    Paved Commercial Development Lot Title is generated by Realmo AI

    5020 Xerxes Avenue S, Minneapolis, MN 55410

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    Claim this Listing
    For Sale
    $549,000

    LAND - Minneapolis, MN

    Property size:
    5,376 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $102/SF
    Added:
    Apr 16, 2026
    Days on Market:
    83
    Last Refresh:
    Jul 7 at 8:06 pm

    Property Features for 5020 Xerxes Avenue S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1702824310069
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7430

    We can help!

    Contact an agent
    Christian K Lindgren

    Listing agent Christian K Lindgren

    Listing office Keller Williams Realty Integrity Lakes 800 N Washington Ave N Ste 460, Minneapolis, MN

    Listing date Apr 16, 2026

    MLS# 7056708 Listing URL

    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.

    HighLights

    • 5020 Xerxes Ave S: 42' x 128' paved commercial lot (approx. 5,376 SF) currently used as a parking lot
    • Redevelopment‑ready footprint with no structural demolition required, per listing remarks
    • Steps from West 50th Street transit connections with Metro Transit Routes 36 and 46
    • Metro Transit Routes 36/46 provide direct service north to Uptown and south to Southdale and surrounding employment centers
    • Site may be suited for boutique mixed‑use, live/work, small multifamily, or premium residential infill (subject to City of Minneapolis zoning verification)
    • Listed for potential 2–3 story mixed‑use concept with street presence and upper‑level residential units (zoning verification required)

    Overview

    This paved commercial lot measures 42 feet by 128 feet (approximately 5,376 square feet) and is currently utilized as a parking lot. The site is presented as redevelopment-ready, with public remarks indicating no structural demolition required, supporting a straightforward path for new development after approvals. The property is positioned for a range of infill concepts subject to City of Minneapolis zoning verification, including boutique mixed-use, live/work, small multifamily, or premium residential uses.

    Located in southwest Minneapolis at 5020 Xerxes Avenue S, the lot is described as steps from West 50th Street transit connections. Metro Transit Routes 36 and 46 provide accessibility north to Uptown and south to Southdale and surrounding employment centers, which can be valuable for tenants and residents considering day-to-day commute and connectivity.

    For developers, builders, and owner-users, this parcel offers a compact, paved footprint suitable for a 2–3 story mixed-use approach with street presence and potential upper-level residential components, subject to zoning and approvals. The surrounding corridor is described as supporting a mix of neighborhood retail, office, and residential uses, aligning with infill strategies that depend on walkability and established community services. Interested parties should verify zoning requirements and permitted uses with the City of Minneapolis before proceeding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Parking Lot & Garage Tech Support Center Accounting Firm Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.319218
    Latitude
    44.911707

    FAQs

    What type of property is this?
    Commercial land - Redevelopment-ready paved lot currently used as parking, with transit access via Metro Transit Routes 36 and 46 nearby.
    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: 5020 Xerxes Ave S: 42' x 128' paved commercial lot (approx. 5,376 SF) currently used as a parking lot; Redevelopment‑ready footprint with no structural demolition required, per listing remarks; Steps from West 50th Street transit connections with Metro Transit Routes 36 and 46
    More about this property
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