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$499,000
Est. payment /mo
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Swans 2Nd Add
MLS Listing ID 7134652
Annual Tax Amount $2,279
Tax Year 2026
Contingent None
Lot Size 5,662 Sqft
Lot Dimensions 45 x 127
Property Description
Development opportunity in Tangletown near West 46th Street and Nicollet Avenue, with convenient access to neighborhood restaurants, services, and transit. The former residence has been removed, and utility clearance work has been completed.
A preliminary 18-unit multifamily concept has been prepared and presented to the City of Minneapolis, with the design intended for administrative review. Available due-diligence materials include a survey, soil report, concept plans, and preliminary civil documents.
Buyer may acquire the site with the available plans and documents and use the seller's design-build team or another builder. Alternative development concepts may also be considered, subject to buyer due diligence and City approval. A strong infill opportunity for an owner-operator or investor seeking to add a boutique multifamily project to an existing portfolio.
A preliminary 18-unit multifamily concept has been prepared and presented to the City of Minneapolis, with the design intended for administrative review. Available due-diligence materials include a survey, soil report, concept plans, and preliminary civil documents.
Buyer may acquire the site with the available plans and documents and use the seller's design-build team or another builder. Alternative development concepts may also be considered, subject to buyer due diligence and City approval. A strong infill opportunity for an owner-operator or investor seeking to add a boutique multifamily project to an existing portfolio.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Interior
Inclusions Soil Test Available, Survey
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, None Connected, Sewer Available, Solar Available, Underground Utilities Available, Water Available
Building
Lot Description Public Transit (w/in 6 blks), Cleared, Infill Lot, Underground Utilities
Schools
School District Minneapolis
Others
Restrictions Open
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Listed by Joshua Segal • Stone Arch Realty
Nearby Locations
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