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4101 109th Ave NE
Blaine, MN 55014
Glenn Meadows · Land For Sale · 10.47 AC

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INVESTMENT HIGHLIGHTS

  • Horizontal mixed-use in the Twin Cities' fastest-growing suburb

EXECUTIVE SUMMARY

Wellington Management, Inc. is proud to present a 244-acre mixed-use opportunity in Blaine, Minnesota located west of Lexington Avenue and north and south of 109th Ave NE, respectively North Meadows and Lexington Meadows. Planned Business District Zoning allows for a wide range of possibilities including grocery, restaurant, theater, bank, hotel, medical and office. These elements will complement the newly constructed and forthcoming housing components, as well as the newly completed Lexside Shops strip center (1,700 SF available for lease), a newly competed Kwik Trip gas station, and the newly opened North Memorial Health Clinic and Urgency Center. These new uses follow on the success of neighboring senior housing community, The Legends of Blaine, which opened in 2019 and is fully leased. Lots from 0.98 to 8.3 acres are available for build to suit or purchase.
A diverse mix of housing options supports the fastest-growing suburb in the Twin Cities metro — including senior housing (192 units, completed 2020), multi-family (182 units, opening Fall 2023) and owner-occupied housing (254 units, phased occupancy 2022 and 2023) — while retail and office uses will contribute to Blaine’s reputation as a destination for work and recreation. With more than 7 million visitors annually and more than 70,000 residents (2022), the vibrant Blaine community is conveniently located just 11 miles north of the Minneapolis central business district on the highly traveled Highway 10 and Interstate 35W roadways. The site lies within three minutes of the 35W exit, and traffic counts at the signaled intersection of 109th and Lexington exceed 38,000 VPD. Capitalizing on this visibility and a growing population, the district plan will support Blaine’s identity as a desirable place to live, work and play.

PROPERTY FACTS

Sale Type Investment
No. Lots 5
Property Type Land
Property Subtype Residential
Proposed Use Hold For Development
Total Lot Size 10.47 AC
Cross Streets Lexington Ave.
Zoning R

5 LOTS AVAILABLE

Lot 1

Lot Size 4.85 AC

MAXIMUM BUILDABLE AREA 35,000 SF

Lot 2

Lot Size 1.36 AC

Lot 3

Lot Size 1.84 AC

MAXIMUM BUILDABLE AREA 12,000 SF

Lot 4

Lot Size 0.98 AC

MAXIMUM BUILDABLE AREA 3,500 SF

Lot 5

Lot Size 1.44 AC

MAXIMUM BUILDABLE AREA 10,000 SF

DESCRIPTION

Horizontal mixed-use in the Twin Cities' fastest-growing suburb

  • Listing ID: 34135431

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 4101 109th Ave NE, Blaine, MN 55014

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