3536 Nicollet Avenue, Minneapolis

$2,250,000

0 Bed
0 Bath
1.05 Acres
0 Garage

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.

Essential Information
MLS® #5686550
Price$2,250,000
Acres1.05
TypeLand
StatusActive
Community Information
Address3536 Nicollet Avenue
AreaLyndale
SubdivisionPark Add
CityMinneapolis
CountyHennepin
StateMN
Zip Code55408
Exterior
Lot DescriptionPublic Transit (w/in 6 blks)
School Information
DistrictMinneapolis
Additional Information
Days on Market100
Zoning

Residential-Multi-Family,Business/Commercial

Listing Details
OfficeEdina Realty, Inc.
Property History
Price Reduced from $2,400,000 to $2,250,000
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Listing information last updated on February 26th, 2021 at 9:25am CST.