2500 Madison Street Ne, Minneapolis, MN

$800,000

2,853

Square feet

0.39

Acres

About 2500 Madison Street Ne

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.

Features of 2500 Madison Street Ne

MLS® # 6733010
Price $800,000
Square Footage 2,853
Acres 0.39
Year Built 1900
Type Commercial
Sub-Type Apartment Building
Style Apartment
Status Active
Contingency Type None

Community Information

Address 2500 Madison Street Ne
Area Holland
Subdivision Leavitts Add
City Minneapolis
County Hennepin
State MN
Zip Code 55418

Amenities

Garages None
Is Waterfront No
Has Pool No

Interior

Heating None
Fireplace No
Has Basement No

Exterior

Construction Other

School Information

District Minneapolis

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $8,070
Tax Year 2025
Office NAI Legacy

Listing Details

OfficeNAI Legacy

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