2500 Madison Street NE
Minneapolis, MN 55418
2853 sqft | #6733010
Description
Unlock the potential of this exceptional corner lot located in one of Northeast Minneapolis' most rapidly transforming corridors. This 0.39-acre site spans two parcels—2500 Madison St NE and 661 Lowry Ave NE—positioned at the intersection of future-forward city planning and vibrant urban energy.
Designated under the Minneapolis 2040 plan with Corridor 6 zoning guidance, the site is ideal for medium-to-high-density multifamily development. The classification allows for buildings of potentially up to six stories, with ground-floor commercial optional—offering flexibility for both mixed-use and purely residential projects.
Whether you're looking to break ground immediately or land landbank for future appreciation, this site offers a rare opportunity to invest in one of the city's most dynamic neighborhoods. With strong public infrastructure improvements in motion and favorable long-term planning guidance, this property stands out as a prime covered land play with significant upside.
Property Details
- Utility SourceCity Water/Connected
- Parcel Number1102924130099
- SubdivisionLeavitts Add
- School DistrictMinneapolis
- Property SubtypeApartment
- Property TypePurchase
- CountyHennepin
- MLS #6733010
- MLS #6733010
- Taxes Annual$8,070
- Cost800000
- Square Feet2853
- Year Built1900
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Kurtis Pauley (#NST502047337)
Listing Office: NAI Legacy (#NST49223)
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