A shovel ready lot on over an acre of land in the heart of South Minneapolis. The property is directly on Nicollet Ave just blocks down from the large redevelopment set to happen on the old Kmart plot. The 2040 Comprehensive Plan allows for mixed use development up to 6 stories with potential to go higher with city approval. The 2040 plan sets this area up for significant redevelopment with the opening of Nicollet Ave into downtown as the main artery and significant public transportation availability here as well. There is also interest from the neighbors to the south to sell if a developer so desires to go bigger.
|Price Reduced (from $2,400,000)||$2,250,000||$150,000 (6.25%)|
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Listing information last updated on April 21st, 2021 at 11:25am CDT.