$800,000
For Sale

2500 Madison Street NE

Minneapolis, MN 55418
Listing OfficeNAI Legacy
Browse 2 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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

Jayce Johnson | RE/MAX Realty 1Real Estate Group
OR

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