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401 Main Street NE
Minneapolis MN 55413 US

$899,900

Active Listing ID 6490859
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4 bed
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3.00 Bath (3 Full Bath)
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Lot: 0.25 Acres
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Single Family Residence

$899,900

Active Listing ID 6490859
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401 Main Street NE 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.

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Property Features

  • Facts
  • Lot Size: 0.25 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Exterior Finish: Wood
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 899900
  • unparsedaddress: 401 Main Street NE
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55413
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.25
  • lotsizeunits: Acres
  • lotsizearea: 0.25
  • livingarea: 6000
  • livingareaunits: Square Feet
  • latitude: 44.991613
  • longitude: -93.261888
  • listagentfullname: Isaac Kuehn
  • listagentemail: isaac@drgmpls.com
  • listagentkey: 3yd-RMLSMN-506014119
  • listagentmlsid: 506014119
  • listagentpreferredphone: 6512381277
  • listagentofficephone: 6127778005
  • listofficekey: 3yd-RMLSMN-7970
  • listofficemlsid: 7970
  • disclaimer: Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1992
  • listingcontractdate: 2024-02-18
  • listagenturl: http://DRGMpls.com
  • countyorparish: Hennepin
  • parcelnumber: 1402924340156
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Attached
  • waterfrontyn: False
  • exteriorfeatures: Wood
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.261888, 44.991613
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Listing Changed: 3/26/2024 2:27:38 PM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: Isaac Kuehn, DRG, isaac@drgmpls.com

Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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