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Active NEW!
$1,075,000
/mo Edit
Lot/Land:  Lot/Land
0.28 acres
Minneapolis schools
MLS# 6776463
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    Property Description

    Rare teardown opportunity with sweeping westerly views of Lake Bde Maka Ska! Large 12, 000+ sf site affords 6, 000+ of above ground buildable square footage (FAR). The site offers a perfect setup for a boutique 2- or 3-unit condo project or for a luxury single family new build. Zoning is 2040 Interior 2. The extra deep site offers numerous layout and greenspace options as well. A detached 3-car garage offers an exceptional material staging area during the project or can be refreshed and maintained in its current state for a cost savings measure. Current structure is a triplex that can offer excellent supplemental income during the planning process…or as a holding place for a future project. The triplex also has its roots as a single-family home, so there is whole-house project option here as well. The Mpls’ lakes area is a favorite for many, with its miles of interconnected trails and nearby local shops and restaurants. Lake Bde Maka Ska offers mooring options for sail boats, local beaches, cannel connections to Isles and Cedar, and the restaurant, Pimento on the Lake, which is just 2 short blocks from the site. Please do not walk the site without an appointment, the building is occupied.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55408
    Neighborhood/Area: ECCO
    Subdivision Name: Calhoun Park

    Exterior

    Out Buildings: Additional Garage
    Road Responsibility: Public Maintained Road
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: Bde Maka Ska
    DNR Lake ID#: 27003100
    Waterfront Slope: Gradual
    Lake Chain Name: Y
    Lake Acres: 419
    Lake Depth: 82
    Chain Acreage: 1049
    Waterfront: Lake View

    Lot & Land

    Acres: 0.28
    Geolocation: 44.944106, -93.303361
    Inclusions: Platted, Survey, Topographic Map
    Lot Dimensions: 42 x 277 x 45 x 294
    Restrictions: None
    Zoning: Residential-Multi-Family
    Lot Description:
    • Infill Lot
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $19,582
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $19,582
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: None
    Available Utilities:
    • Cable Available
    • Cable Connected
    • Electricity Available
    • Electricity Connected
    • Natural Gas Available
    • Natural Gas Connected
    • Phone Available
    • Phone Connected
    • Sewer Available
    • Water Available
    • Water Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.