$800,000/mo

2500 Madison Street NE, Minneapolis, MN 55418

  • 2,853 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $280/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Listing Office:
NAI Legacy : 612-383-2591
MLS ID:
6733010
  • Heating: None

This listing courtesy of NAI Legacy

Location

Schools Nearby

S

Sheridan Elementary School

1201 University Ave NE, Minneapolis, MN, 55413

Grades PK-5

1.01 miles away

N

Northeast Community Middle School

2955 Hayes St NE, Minneapolis, MN, 55418

Grades 6-8

1.16 miles away

E

Edison High School

700 22nd Ave NE, Minneapolis, MN, 55418

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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