4738 Grand Avenue S, Minneapolis, MN

$8,395,000

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0.25

Acres

About 4738 Grand Avenue S

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.

Features of 4738 Grand Avenue S

MLS® # 6238393
Price $8,395,000
Bathrooms 0.00
Acres 0.25
Year Built 2023
Type Commercial Sale
Sub-Type High Rise
Style High Rise
Status Active

Community Information

Address 4738 Grand Avenue S
Area Tangletown
City Minneapolis
County Hennepin
State MN
Zip Code 55419

Amenities

Amenities Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Other, Security
# of Garages 10
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
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Other, Range, Refrigerator, Washer
Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Lot Description Sod Included in Price, Underground Utilities
Roof Age 8 Years or Less, Flat, Rubber
Construction Brick/Stone, Metal Siding, Stucco

School Information

District Minneapolis

Additional Information

Days on Market 65
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeStone Arch Realty

Listing Map

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