401 Main Street Ne, Minneapolis

$899,900

4 Beds
3 Baths
6,000 Sqft
¼ Acre
4 Garages

This is one of two properties side by side on historic Main Street in Northeast Mpls with unobstructed views of the Mpls downtown skyline over Boom Island Park and Nicollet Island, one of the few remaining land parcels along the Mississippi left undeveloped. Each parcel is approx. 10,900sf and are Interior 3 Built Form Overlay with R1A zoning. Interested parties have a myriad of options for use. Each existing home could be purchased individually, remodeled or torn down, and new construction homes built. The two lots can also be split into three to create three new homes or split into one large lot, and one smaller lot where a large dream home could be on one and a smaller ADU-style home could be on the second. As seen in the renderings, an interested party looking to redevelop the land could construct 2 3000 sq. ft. townhomes per parcel, estimated at $1.5M per home. Finally, the parcels could be combined for a future in-fill apartment completed under the 2040 plan.

Essential Information
MLS® #6490859
Price$899,900
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage6,000
Acres0.25
Year Built1992
TypeResidential
Sub-TypeSingle Family Residence
StyleSingle Family Residence
StatusActive
Community Information
Address401 Main Street Ne
AreaSt. Anthony West
SubdivisionTown Of St Anthony
CityMinneapolis
CountyHennepin
StateMN
Zip Code55413
Amenities
# of Garages4
GaragesAttached Garage
Interior
HeatingForced Air
CoolingCentral Air
Exterior
ConstructionWood Siding
School Information
DistrictMinneapolis
Additional Information
Days on Market73
ZoningResidential-Single Family
Listing Details
OfficeDRG
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MLS® # 6490870

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Listing information last updated on May 1st, 2024 at 7:21am CDT.