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Listed price in listed location currency (USD).
$795,000

511

MLS® 7083301

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
Taxes $3,486
Days Active 0
Lot Size 
Approx. Age 1909
MLS® Number 7083301

Property Address: 3009 Emerson Avenue S, Minneapolis, MN, 55408

Average square foot calculated using Size range provided by listing agent.

Description

CM4 / Corridor 6 development site in South Minneapolis offering ~25, 200 SF of by-right residential buildable area on a 5, 913 SF lot. Six-story 5-over-1 building concept designed within all confirmed setbacks -- site plan review only, no variances required. Corridor 6 Built Form Overlay supports 4.26 FAR with 2 standard premiums and up to 84 feet height. Below-grade parking does not count toward FAR, enabling basement parking (accessed from rear alley) plus six full residential floors above. Preliminary massing supports 25-26 dwelling units, subject to final design and approvals. CM4 zoning permits four or more residential units by-right. Parking requirements are flexible due to transit corridor designation. Surface parking permitted in setback areas with screening. Existing structure is present and currently occupied but property is being marketed for land value and redevelopment. South side setback variance could unlock additional density to ~28, 000 SF / ~28-30 units. Ideal for local and regional developers seeking by-right Corridor 6 density with strong rental fundamentals. Buyer to verify zoning, setbacks, FAR premiums, and development potential.
MLS® Number7083301
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1909
Basement
DrivewayCarport, Detached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$795,000List Price
  • Commute

Commute

Starting Address
Destination Address
3009 Emerson Avenue S, Minneapolis, MN

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