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228 S 12th St - 12th Street Redevelopment 1.21 Acres of Commercial Land Offered at $5,500,000 in Minneapolis, MN 55403
Investment Highlights
- Located across 12th Street from the Minneapolis Convention Center
- Walking distance from Loring Park and Walker Art Center
- Ability to go vertical up to 50 stories high
- Skyway access available
- Easy access to I-35W and I-94
- Zoning premiums provide opportunity to build even higher
Property Facts
| Price | $5,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.21 AC |
| Zoning | B4S - The overlay district allows this site to be approved for 50 stories. Premiums and detailed plans about use/ project can increase height even higher | ||
| Price | $5,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.21 AC |
| Zoning | B4S - The overlay district allows this site to be approved for 50 stories. Premiums and detailed plans about use/ project can increase height even higher |
1 Lot Available
Lot
| Price | $5,500,000 | Lot Size | 1.21 AC |
| Price Per AC | $4,545,454.55 |
| Price | $5,500,000 |
| Price Per AC | $4,545,454.55 |
| Lot Size | 1.21 AC |
Description
This 1.21-acre site, priced at $5,150,000, is across from the Minneapolis Convention Center. It features a 2-story vacant building, 80 parking spaces, and zoning allowing up to 50 stories, with potential for even higher development. The property offers easy access to I-35W, I-94, and the skyway system, and is within walking distance of Loring Park and the Walker Art Center.
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (90)
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228 S 12th St - 12th Street Redevelopment
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