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2500 Madison St NE 0.26 Acres of Commercial Land Offered at $775,000 in Minneapolis, MN 55418
Executive Summary
Unlock the potential of this exceptional corner lot located in one of Northeast Minneapolis' most rapidly transforming corridors. This 0.39-acre site spans two parcels—2500 Madison St NE and 661 Lowry Ave NE—positioned at the intersection of future-forward city planning and vibrant urban energy.
Designated under the Minneapolis 2040 plan with Corridor 6 zoning guidance, the site is ideal for medium-to-high-density multifamily development. The classification allows for buildings of potentially up to six stories, with ground-floor commercial optional—offering flexibility for both mixed-use and purely residential projects.
Whether you're looking to break ground immediately or land landbank for future appreciation, this site offers a rare opportunity to invest in one of the city's most dynamic neighborhoods. With strong public infrastructure improvements in motion and favorable long-term planning guidance, this property stands out as a prime covered land play with significant upside.
Designated under the Minneapolis 2040 plan with Corridor 6 zoning guidance, the site is ideal for medium-to-high-density multifamily development. The classification allows for buildings of potentially up to six stories, with ground-floor commercial optional—offering flexibility for both mixed-use and purely residential projects.
Whether you're looking to break ground immediately or land landbank for future appreciation, this site offers a rare opportunity to invest in one of the city's most dynamic neighborhoods. With strong public infrastructure improvements in motion and favorable long-term planning guidance, this property stands out as a prime covered land play with significant upside.
Property Facts
| Price | $775,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.26 AC |
| Price | $775,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.26 AC |
1 Lot Available
Lot
| Price | $775,000 | Lot Size | 0.26 AC |
| Price Per AC | $2,978,558.22 |
| Price | $775,000 |
| Price Per AC | $2,978,558.22 |
| Lot Size | 0.26 AC |
This 0.39-acre site spans two parcels—2500 Madison St NE and 661 Lowry Ave NE—positioned at the intersection of future-forward city planning and vibrant urban energy. It is designated under Minneapolis 2040 plan with Corridor 6 zoning guidance.
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Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (89)
Property Taxes
| Parcel Number | 11-029-24-13-0100 | Improvements Assessment | $147,000 |
| Land Assessment | $100,000 | Total Assessment | $247,000 |
Property Taxes
Parcel Number
11-029-24-13-0100
Land Assessment
$100,000
Improvements Assessment
$147,000
Total Assessment
$247,000
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2500 Madison St NE
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