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260 Fremont Ave N 0.58 Acres of Commercial Land Offered at $1,500,000 in Minneapolis, MN 55405

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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

Price	$1,500,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Office Retail Warehouse Warehouse
Sale Condition	Redevelopment Project	Total Lot Size	0.58 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	C2 - Intended for medium-intensity commercial uses that primarily serve surrounding neighborhoods.

Price	$1,500,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Retail Warehouse Warehouse
Total Lot Size	0.58 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C2 - Intended for medium-intensity commercial uses that primarily serve surrounding neighborhoods.

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

Source: Local Logic^®

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

(651) 602-1975

Contact

Ben Bruenjes
Metropolitan Council

Listing ID: 37649431
Date on Market: 9/12/2025
Last Updated:
Address: 260 Fremont Ave N, Minneapolis, MN 55405

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260 Fremont Ave N

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