32-Room Hotel with Redevelopment
For Sale
Contact for pricing
5346 Minnehaha Ave, Minneapolis, MN 55417
Functioning 32-room hotel on a two-parcel site zoned CM2 Corridor Mixed Use.
Property SizeContact for details
Lot Size0.58 Acres
Days on Market115
Property Features for 5346 Minnehaha Ave
General Information
Standard status
Active
Lot size
0.58 Acres
Property subtype
Hotel-Motel
Zoning
CM2
Additional Details
Business Included
Yes
Amenities
Rare Urban Infill Redevelopment Opportunity on 0.58-Acre Two-Parcel Site in South Minneapolis with Strong Connectivity and High-Density Development Potential
Transit-Oriented Location Steps from METRO Blue Line LRT Offering Direct Access to MSP Airport, Mall of America, VA Medical Center, and Downtown Minneapolis
Flexible CM2 Zoning Supports Multifamily, Mixed-Use, or Commercial Development with Two- to Six-Story Potential in a High-Demand Corridor
Existing 32-Room Hotel Provides Optional Cash Flow or Near-Term Repositioning While Planning Future Redevelopment
Strategically Positioned in a Dynamic South Minneapolis Corridor with Strong Population Growth and Diverse Employment Base
Immediate Access to Major Employment Hubs Including Healthcare, Transportation, Logistics, and Retail Demand Drivers
Ideal Site for High-Density Transit-Oriented Development Aligned with Minneapolis Housing and Urban Growth Initiatives
Limited Comparable Redevelopment Opportunities in the Immediate Area Enhancing Long-Term Value and Investor Demand
Building Details
Year Built
1950
Listing Agency:
Marcus & Millichap - Minneapolis
Listed By:
Jon Ruzicka · License #License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724
(952) 852-9767
Source:
Marcusmillichap
Added: May 14
Changed: Sep 3
Last Checked: Sep 5 at 3:51AM
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 Marcus & Millichap - Minneapolis
Investment Insights
Based on property information with market context.
Snelling Lodge is a functioning 32-room hotel offered for sale on a two-parcel, 0.58-acre site. The property may be purchased as an operating hotel, while also presenting a redevelopment or repositioning opportunity for an investor or developer.
The building is situated in a transit-oriented corridor in South Minneapolis and is positioned just steps from the METRO Blue Line Light Rail Transit. The remarks note convenient connectivity to the Minneapolis–Saint Paul International Airport, Mall of America, Minneapolis VA Medical Center, and downtown Minneapolis.
The property is zoned CM2 – Corridor Mixed Use, a flexible framework that can accommodate multifamily, mixed-use, or neighborhood-serving commercial uses. Potential redevelopment concepts should be coordinated with the applicable zoning and development requirements for the site.
The building is situated in a transit-oriented corridor in South Minneapolis and is positioned just steps from the METRO Blue Line Light Rail Transit. The remarks note convenient connectivity to the Minneapolis–Saint Paul International Airport, Mall of America, Minneapolis VA Medical Center, and downtown Minneapolis.
The property is zoned CM2 – Corridor Mixed Use, a flexible framework that can accommodate multifamily, mixed-use, or neighborhood-serving commercial uses. Potential redevelopment concepts should be coordinated with the applicable zoning and development requirements for the site.
Key Highlights
- Functioning 32‑room hotel built in 1950
- Offered on a 0.58‑acre site split across two parcels
- Zoned CM2 – Corridor Mixed Use, supporting multifamily, mixed‑use, or neighborhood‑serving commercial uses
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Functioning 32-room hotel on a two-parcel site zoned CM2 Corridor Mixed Use.
Where is this hotel located?
The property is located at 5346 Minnehaha Ave Minneapolis, MN.
What are key features of this property?
This property features: Functioning 32‑room hotel built in 1950; Offered on a 0.58‑acre site split across two parcels; Zoned CM2 – Corridor Mixed Use, supporting multifamily, mixed‑use, or neighborhood‑serving commercial uses
