4344 Xerxes AVE S new

Minneapolis,MN 55410

$ 1150000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mumford Park Add

MLS Listing ID 6782194

Annual Tax Amount $13,937

Tax Year 2025

Lot Size 7,405 Sqft

Property Description

Rare development opportunity on standalone Corridor 4 (2040 plan zoning) infill site. With 2x lot size
FAR (Floor area ratio) ability and 56' height cap, the site affords numerous development options up to 4
stories and 14,810 sf of above ground build capacity (before add-ons). Add a location that abuts the
trolly path to downtown Linden Hills and access to the retail on 44th, this location shouts for
redevelopment… so bring your ideas. Current structure is a mixed-use structure with one-level office
space and a two-story residential townhome styled rental. Both units have below ground finished sf
also. The building can offer excellent supplemental income during the planning process…or as a holding
place for a future project. Linden Hills and Mpls' lakes area is a favorite for many, with its charming
housing, rich neighborhood life, and fantastic outdoor recreational activities. You will also find an
abundance of local shops and restaurants as well as miles of interconnected trails throughout the chain
of lakes. Please do not walk around the site without an appointment, the building is occupied.

Location

State MN

County Hennepin

Zoning Business/Commercial,Residential-Multi-Family

Interior

Inclusions None

Exterior

Utilities Available Other Connected,Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Phone Available,Water Available

Building

Lot Description Public Transit (w/in 6 blks),Infill Lot

Schools

School District Minneapolis

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