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260 Fremont Ave N 0.58 Acres of Commercial Land Offered at $1,500,000 in Minneapolis, MN 55405
Investment Highlights
- Corner lot
- Multi-family development option
- Heavey vehicle traffic
Executive Summary
Prime investment opportunity for redevelopment. Alternative commercial uses could be a brew pub/restaurant/conference center, a high-image office/business center, or some other "creative" industrial/production space that reflects the lates trend of older building conversion going on in the immediate neighborhood and the nearby North Loop area. Option for multi-family redevelopment.
Property Facts Under Contract
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 0.58 AC |
| Price Per AC | $2,586,206.90 |
| Price | $1,500,000 |
| Price Per AC | $2,586,206.90 |
| Lot Size | 0.58 AC |
This property is a redevelopment opportunity with the possibility of being completely rehabilitated and converted to an alternate commercial use.
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Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 21-029-24-43-0075 | Improvements Assessment | $451,600 |
| Land Assessment | $328,400 | Total Assessment | $780,000 |
Property Taxes
Parcel Number
21-029-24-43-0075
Land Assessment
$328,400
Improvements Assessment
$451,600
Total Assessment
$780,000
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260 Fremont Ave N
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