908 Centennial PlMinneapolis, MN 55404
- Commercial land
- 0.40 AC
Property Details for 908 Centennial Pl
- Year built
- 1930
- Lot size
- 0.40 AC
- Zone code
- B4N
- Property type
- Commercial land
- APN
- 26-029-24-23-0040
- APU
- 2602924230040
Description
This exceptional commercial land offering consists of two parcels totaling 0.6 acres, strategically located in Minneapolis, Minnesota, at 900 and 908 Centennial Place, zip code 55404. The property is zoned DT1, presenting significant development potential. Parcel 900 Centennial Pl (Lot K) encompasses 0.4 acres, while the adjacent parcel at 908 Centennial Pl (Lot K) comprises 0.2 acres. These lots are being sold together as a single unit for a combined asking price of $2,200,000. It's important to note that this listing is contingent upon the simultaneous purchase of a separate property located at 800 10th St South, Minneapolis, listed separately at $1,550,000. The combined purchase price for both properties is $3,750,000. This combined offering presents a unique opportunity for large-scale development in a vibrant downtown Minneapolis location. The Hennepin County address provides easy access to major transportation routes and amenities. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,666,767
- Hospitality
- $3,358,739
- Educational
- $2,794,431
- Medical
- $2,890,536
- Retail
- $4,346,893
Location Insight
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Latitude
- 44.9702
- Longitude
- -93.2637
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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