4738 Grand Avenue S, Minneapolis

$8,395,000

0 Beds
0 Baths
¼ Acres
10 Garages

This listing is for the purchase of a 'To-Be-Built' 23-unit luxury apartment building in the Tangletown neighborhood in Southwest Minneapolis. The entitlements have been approved and the building permit has been applied for. Pre-cast concrete is ordered and subcontractors are lined up! The construction is set to start upon building permit approval. Estimated start is late August / early September and completion is fall of 2023.

Option to purchase this four-story luxury building now for a turn-key apartment upon completion or partner with developer / builder now at the start. Please contact for more information on partnership / joint venture. Stated NOI assumes no vacancy.

***Open for outright entitled land sale for $1,895,000 that includes all project approvals, land, A&E, MEP, etc. and all docs with a permit ready. Willing to build at cost with a construction management fee in an 'open-book' full transparency model with amicable buyer or partner terms.

Essential Information
MLS® #6238393
Price$8,395,000
Bathrooms0.00
Acres0.25
Year Built2023
TypeCommercial Sale
Sub-TypeHigh Rise
StyleHigh Rise
StatusActive
Community Information
Address4738 Grand Avenue S
AreaTangletown
CityMinneapolis
CountyHennepin
StateMN
Zip Code55419
Amenities
# of Garages10
Amenities

Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Other, Security

Garages

Assigned, Attached Garage, Contract Pkg Required, Concrete, Shared Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Insulated Garage, Secured, Shared Garage/Stall, Storage, Underground

Interior
HeatingForced Air
CoolingCentral Air
Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Other, Range, Refrigerator, Washer

Lot Description

Sod Included in Price, Underground Utilities

Roof

Age 8 Years or Less, Flat, Rubber

Construction

Brick/Stone, Metal Siding, Stucco

School Information
DistrictMinneapolis
Additional Information
Days on Market16
ZoningResidential-Multi-Family
Listing Details
OfficeStone Arch Realty
LISTING MAP

Get directions to this property:

Regional Multiple Listing Service of Minnesota Logo The data relating to real estate for sale on this 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 RE/MAX Advantage Plus are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. RE/MAX Advantage Plus is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

Information deemed reliable but not guaranteed.

Copyright 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

Listing information last updated on August 12th, 2022 at 4:20am CDT.