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1407-1429 Washington Ave S 1.12 Acres of Commercial Land in Minneapolis, MN 55454
Investment Highlights
- Located adjacent to the University of Minnesota’s West Bank campus
- Excellent Visibility & Access along Washington Avenue and immediate proximity to I-35W
- Urban Location just east of Downtown Minneapolis (CBD)
Executive Summary
Transwestern is pleased to present 1407-1429 Washington Ave S, a prime development opportunity located adjacent to the University of Minnesota’s West Bank campus and just east of Downtown Minneapolis. The property benefits from strong visibility along Washington Avenue and immediate access to I-35W, providing seamless connectivity throughout the Twin Cities.
Surrounded by a high concentration of restaurants, cafés, and neighborhood amenities, the site offers a walkable urban setting and a unique opportunity to serve a built-in population of students, faculty, and staff. The location’s proximity to the Minneapolis CBD and surrounding institutions supports a wide range of potential development uses.
Surrounded by a high concentration of restaurants, cafés, and neighborhood amenities, the site offers a walkable urban setting and a unique opportunity to serve a built-in population of students, faculty, and staff. The location’s proximity to the Minneapolis CBD and surrounding institutions supports a wide range of potential development uses.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.12 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CM4 - Destination Mixed-Use District includes multistory mixed-use development. Commercial retail uses are required at the street level of all development in this category to encourage pedestrian activity beyond the typical daytime business hours. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.12 AC |
| Opportunity Zone |
Yes |
| Zoning | CM4 - Destination Mixed-Use District includes multistory mixed-use development. Commercial retail uses are required at the street level of all development in this category to encourage pedestrian activity beyond the typical daytime business hours. |
1 Lot Available
Lot
| Lot Size | 1.12 AC |
| Lot Size | 1.12 AC |
Prime development opportunity located adjacent to the University of Minnesota’s West Bank campus and just east of Downtown Minneapolis.
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,287,600 | |
| Land Assessment | $910,400 | Total Assessment | $5,198,000 |
Property Taxes
Parcel Numbers
Land Assessment
$910,400
Improvements Assessment
$4,287,600
Total Assessment
$5,198,000
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1407-1429 Washington Ave S
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