2500 Madison Street NE Minneapolis, MN 55418
For Sale MLS# 6733010
2,853 sq ft Commercial
Details for 2500 Madison Street NE
MLS# 6733010
Description for 2500 Madison Street NE, Minneapolis, MN, 55418
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.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Lot Size: 0.39 Acres
Square Feet: 2,853 sq ft
Year Built: 1900
Foundation: 17,020 sq ft
Subdivision: Leavitts Add
Number Of Units Total: 2
Current Use: Other
County: Hennepin
Days On Market: 194
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water/Connected
Other Utilities: None Available
Heating: None, Other
Exterior / Lot Features
Exterior: Other
Lot Dimensions: 185 x 92
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Land
Driving Directions
Take Central to Lowry Ave and go West
Financial Considerations
Tax/Property ID: 1102924130099
Tax Amount: 8070
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: NAI Legacy
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2500 Madison Street NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2500 Madison Street NE
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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