$795,000
3009 Emerson Avenue S Minneapolis, MN 55408
For Sale MLS# 7083301
2,005 sq ft Commercial
Details for 3009 Emerson Avenue S
MLS# 7083301
Description for 3009 Emerson Avenue S, Minneapolis, MN, 55408
CM4 / Corridor 6 development site in South Minneapolis offering ~25,200 SF of by-right residential buildable area on a 5,913 SF lot. Six-story 5-over-1 building concept designed within all confirmed setbacks -- site plan review only, no variances required. Corridor 6 Built Form Overlay supports 4.26 FAR with 2 standard premiums and up to 84 feet height. Below-grade parking does not count toward FAR, enabling basement parking (accessed from rear alley) plus six full residential floors above. Preliminary massing supports 25-26 dwelling units, subject to final design and approvals. CM4 zoning permits four or more residential units by-right. Parking requirements are flexible due to transit corridor designation. Surface parking permitted in setback areas with screening. Existing structure is present and currently occupied but property is being marketed for land value and redevelopment. South side setback variance could unlock additional density to ~28,000 SF / ~28-30 units. Ideal for local and regional developers seeking by-right Corridor 6 density with strong rental fundamentals. Buyer to verify zoning, setbacks, FAR premiums, and development potential.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 5
Bathrooms: 1
Lot Size: 0.14 Acres
Square Feet: 2,005 sq ft
Year Built: 1909
Foundation: 905 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Calhoun Park
Number Of Units Total: 1
Current Use: Residential
County: Hennepin
Days On Market: 15
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water/Connected, City Water - In Street
Sewer: City Sewer/Connected, City Sewer - In Street
Other Utilities: Electric Common,Electric Separate
Heating: Radiator, Radiant, Natural Gas
Exterior / Lot Features
Garage Spaces: 1
Open Parking: 2
Parking Description: Detached Garage, Carport
Exterior: Fiber Board
Lot Dimensions: 46 x 128.55
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Underground Utilities, Public Transit (w/in 6 blks), Infill Lot, Land Inclusions - Building,Land, Road Frontage - City, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Unit Information
Unit 1 Baths Total: 1
Unit 1 Beds Total: 5
Driving Directions
From Hennepin Ave S, head east on W 31st St, then north on Emerson Ave S to 3009 Emerson Ave S (between W 30th St and W 31st St). Street parking available.
Financial Considerations
Tax/Property ID: 0402824120010
Tax Amount: 3486.18
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Aire LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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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 3009 Emerson Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3009 Emerson Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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