Redevelopment Retail Showroom
For Sale
$649,900
5022 34th Avenue S, Minneapolis, MN 55417
Used car sales lot with redevelopment potential allowing up to four stories under the 2040 Plan.
Property Size1,408 SF
Price / SF$461.58
Days on Market62
Property Features for 5022 34th Avenue S
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$11,014
Building Details
Building Size
1,408 SF
Year Built
1950
Stories
1
Units
1
Listing Agency:
Coldwell Banker Realty - Southwest Regional
(952) 844-6000
Listed By:
Ryan M Platzke
Source:
Juverealestate
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 8 at 12:27PM
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 Coldwell Banker Realty - Southwest Regional
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.
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
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Beauty & Spa 6%
Speedway
Shops & Services
12,306 visits/mo
0.0 miles
U.S. Bank
Shops & Services
4,848 visits/mo
0.2 miles
Merle Norman Cosmetic Studio
Beauty & Spa
1,100 visits/mo
0.1 miles
Demographics for 55417, MN
26,259
Population
11,556
Households
2.3
Avg Household Size
40
Median Age
62%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
5,968
Density / Sq Mi
$122,639
Median Household Income
$71,250
Median Earnings
$1,377
Median Rent
$368,400
Median Home Value
Market
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sba Flooring Stripping & Wxng — 4820 37th Ave S, Minneapolis, MN 55417
- Carpet & Flooring USA — 3204 e 51st st, minneapolis, mn 55417
Frequently Asked Questions
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
