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228 S 12th St - 12th Street Redevelopment 1.21 Acres of Commercial Land Offered at $5,150,000 in Minneapolis, MN 55403

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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 $5,150,000
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 $5,150,000
Price Per AC $4,256,198.35
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.

Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 22311993

  • Date on Market: 2/23/2021

  • Last Updated:

  • Address: 228 S 12th St, Minneapolis, MN 55403

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