928 E Franklin Ave
Minneapolis, MN 55404

Description

Almost a 1/2 acre of C2 Zoned land says it all, the future of this area is very bright based on current & future development projects in the works. Downtown RE has become so expensive, this is the next big redevelopment area. Turn $700K in to a $6 to $7 million mixed use 4 story complex with national tenants pay over $40/SF to occupy the 1st floor commercial space. Get 1st right to buy more land to the North that could be converted to C2 zoning. (This is not a guarantee of future profits)

Details

MLS#5006519
Sub-TypeResale
StatusActive
Year1962
Days On Site152

Features

SQ Feet1,500
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55404

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Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55404
AreaMinneapolis (MN)
Listing VS Median (in 55404)
Price:
$700,000
low | high
Med:
$254,900
100% of Average
SqFt:
1,500
low | high
Med:
1,133
74.466666666667% of Average
$ / SqFt:
$467
low | high
Med:
$225
100% of Average
On Site:
152
low | high
Med:
16
100% of Average
Listing Updated: 02/20/2019
MLS Number: 5006519
Listing Provided By:
Martin Turner  of  National Realty Guild
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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