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Property Details

4344 Xerxes Avenue S
Minneapolis, MN 55410

Price: $1,150,000

Listing # 6782194


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Rare development opportunity on standalone Corridor 4 (2040 plan zoning) infill site. With 2x lot size FAR (Floor area ratio) ability and 56’ height cap, the site affords numerous development options up to 4 stories and 14,810 sf of above ground build capacity (before add-ons). Add a location that abuts the trolly path to downtown Linden Hills and access to the retail on 44th, this location shouts for redevelopment… so bring your ideas. Current structure is a mixed-use structure with one-level office space and a two-story residential townhome styled rental. Both units have below ground finished sf also. The building can offer excellent supplemental income during the planning process…or as a holding place for a future project. Linden Hills and Mpls’ lakes area is a favorite for many, with its charming housing, rich neighborhood life, and fantastic outdoor recreational activities. You will also find an abundance of local shops and restaurants as well as miles of interconnected trails throughout the chain of lakes. Please do not walk around the site without an appointment, the building is occupied.

Basic Features:

Type Land
Zoning Business/Commercial,Residential-Multi-Family
School District Minneapolis
County Hennepin
Lot Size Irregular
Acreage 7,405 acres
Lot Description Public Transit (w/in 6 blks),Infill Lot
Tax $ / Year $13,937 / 2025
Tax ID
Legal Description

Includes:

None

Additional Features
Government Programs
Section 08
Terrain Type
Roads City Street,Curbs,Paved Streets,Sidewalks,Street Lights,S...
Driveway
Other Buildings Garage(s)
Water Heater
Exterior Construction
Utilities Broadband Available,Cable Available,Electricity Available,Natural Gas Available,Other Connected,S...
Laundry N

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