Property summary
This exceptional commercial land offering consists of two parcels totaling 0.6 acres, strategically located in Minneapolis, Minnesota, at 900 and 908 Centennial Place, zip code 55404. The property is zoned DT1, presenting significant development potential. Parcel 900 Centennial Pl (Lot K) encompasses 0.4 acres, while the adjacent parcel at 908 Centennial Pl (Lot K) comprises 0.2 acres. These lots are being sold together as a single unit for a combined asking price of $2,200,000. It's important to note that this listing is contingent upon the simultaneous purchase of a separate property located at 800 10th St South, Minneapolis, listed separately at $1,550,000. The combined purchase price for both properties is $3,750,000. This combined offering presents a unique opportunity for large-scale development in a vibrant downtown Minneapolis location. The Hennepin County address provides easy access to major transportation routes and amenities. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B4N · Minneapolis, MNZoning
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- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning