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 Size13,979 SF
Lot Size0.58 Acres
Days on Market105
Property Features for 5346 MINNEHAHA AVE
General Information
Standard status
Active
Size
13,979 SF
Lot size
0.58 Acres
Property subtype
Multifamily, Hospitality, Land
Zoning
CM2
Additional Details
Business Included
Yes
Building Details
Year Built
1950
Buildings
1
Stories
2
Units
16
Listing Agency:
Marcus & Millichap - Minneapolis
Listed By:
Jon Ruzicka · License #MN 40583288
Source:
Crexi
Added: May 12
Changed: Aug 24
Last Checked: Aug 23 at 9:39PM
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
