5022 34th Avenue S Minneapolis, MN 55417

Building Details

Year Built

1950

Listing agency Coldwell Banker Realty - Southwest Regional Show Phone

Listed by Ryan M Platzke

Source Juverealestate

Added: Jun 9 Updated: Jul 22 at 7:45PM Checked: Jul 22 at 7:45PM

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Investment Insights

Based on property information with market context.

The property is currently operating as a used car sales lot, offering immediate functionality for day-to-day use. It is positioned as a redevelopment opportunity with long-term planning aligned to the 2040 Plan, which allows development up to four stories.

The site is located within a neighborhood described as undergoing significant revitalization and is noted to offer walkability and convenient access to shopping, major freeways, light rail, and the airport.

The seller is open to a Contract for Deed for qualified buyers, adding potential flexibility to the transaction structure.

Key Highlights

• Used car sales lot with immediate operating setup
• Redevelopment potential: 2040 Plan allows development up to four stories
• Year built: 1950

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FAQs

What type of property is this?

Showroom - Used car sales lot with redevelopment potential allowing up to four stories under the 2040 Plan.

Where is this showroom located?

The property is located at 5022 34th Avenue S Minneapolis, MN.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Used car sales lot with immediate operating setup; Redevelopment potential: 2040 Plan allows development up to four stories; Year built: 1950