Paved Commercial
For Sale
$549,000
5020 Xerxes Avenue S, Minneapolis, MN 55410
Land, Minneapolis, MN
Property Size5,376 SF
Lot Size0.12 Acres
Price / SF$102.12
Days on Market130
Property Features for 5020 Xerxes Avenue S
General Information
Property type
Land
Property subtype
Other
Subdivision
Steeles Lake Harriet Park Add
Lot features
Public Transit (w/in 6 blks)
High school district
Minneapolis
Directions
South on Xerxes Ave S. from W. 50th St.
Standard status
Active
APN
1702824310069
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7430
Listing Agency:
Keller Williams Realty Integrity Lakes
(612) 821-7400
Listed By:
Christian K Lindgren
(612) 821-7400
Added: Apr 16
Changed: Aug 19
Last Checked: Aug 23 at 10:06PM
MLS# 7056708
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 commercial land parcel at 5020 Xerxes Avenue S measures approximately 5,376 SF on a 0.1234-acre site, with dimensions of 42 feet by 128 feet. The paved lot is currently used for parking and has no existing structure requiring demolition.
The property is near West 50th Street transit connections and is served by Metro Transit Routes 36 and 46, providing service toward Uptown, Southdale, and nearby employment centers. The surrounding area includes neighborhood retail, office, dining, and residential uses within a walkable Southwest Minneapolis setting.
Potential concepts identified for the site include boutique mixed-use, live/work, small multifamily, and residential infill development, subject to verification with the City of Minneapolis zoning maps. A two- to three-story mixed-use design with upper-level residential space is also contemplated in the property information.
The property is near West 50th Street transit connections and is served by Metro Transit Routes 36 and 46, providing service toward Uptown, Southdale, and nearby employment centers. The surrounding area includes neighborhood retail, office, dining, and residential uses within a walkable Southwest Minneapolis setting.
Potential concepts identified for the site include boutique mixed-use, live/work, small multifamily, and residential infill development, subject to verification with the City of Minneapolis zoning maps. A two- to three-story mixed-use design with upper-level residential space is also contemplated in the property information.
Key Highlights
- Approximately 5,376 SF commercial parcel on 0.1234 acres
- 42' x 128' paved lot currently used for parking
- No existing structure requiring demolition
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 commercial site currently used for parking near West 50th Street 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 commercial parcel on 0.1234 acres; 42' x 128' paved lot currently used for parking; No existing structure requiring demolition
