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 |
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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 |
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Area | Holland |
Subdivision | Leavitts Add |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55418 |
Amenities
Garages | None |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | None |
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Fireplace | No |
Has Basement | No |
Exterior
Construction | Other |
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School Information
District | Minneapolis |
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Additional Information
Zoning | Residential-Multi-Family |
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Foreclosure | No |
Short Sale | No |
Taxes | $8,070 |
Tax Year | 2025 |
Office | NAI Legacy |
Listing Details
Office | NAI Legacy |
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