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 |
Bathrooms | 0.00 |
Acres | 0.39 |
Year Built | 1900 |
Type | Commercial Sale |
Sub-Type | Apartment |
Style | Apartment |
Status | Active |
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 |
Exterior
Construction | Other |
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School Information
District | Minneapolis |
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Additional Information
Days on Market | 131 |
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Zoning | Residential-Multi-Family |
Foreclosure | No |
Short Sale | No |
Taxes | $8,070 |
Tax Year | 2025 |
Listing Details
Office | NAI Legacy |
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Listing Map
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