5020 Xerxes Avenue S, Minneapolis, MN 55410
Local realty services provided by:CENTURY 21 Brainerd Realty, Inc.
5020 Xerxes Avenue S,Minneapolis, MN 55410
$549,000
- 5376 Acres
- Lots / Land
- Active
Listed by: christian k lindgren
Office: keller williams realty integrity lakes
MLS#:7056708
Source:NSMLS
Price summary
- Price:$549,000
About this home
Rare Southwest Minneapolis development opportunity at 5020 Xerxes Ave S. This 42’ x 128’ paved commercial lot (approx. 5,376 SF) offers exceptional potential in one of Minneapolis’ most desirable urban neighborhoods. Currently utilized as a parking lot, the site presents a clean, redevelopment-ready footprint with no structural demolition required, creating immediate appeal for developers seeking a faster path to entitlement and construction.
Positioned just steps from West 50th Street transit connections, the property enjoys excellent accessibility via Metro Transit Routes 36 and 46, with direct service north to Uptown and south to Southdale and surrounding employment centers.
The lot is ideally suited for its highest and best use as boutique mixed-use, live/work, small multifamily, or premium residential infill, subject to zoning verification with the City of Minneapolis zoning maps. The surrounding corridor supports a vibrant blend of neighborhood retail, office, and residential uses, making this a compelling opportunity for a 2–3 story mixed-use concept with street presence and upper-level residential units.
Located in a highly walkable Southwest Minneapolis node near neighborhood services, retail, dining, and established residential demand, this is an ideal acquisition for a local infill developer, boutique builder, or owner-user investor seeking a strategic foothold in a supply-constrained market....
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Home facts
- Subdivision & Development:Steeles Lake Harriet Park Add
- Listing ID #:7056708
- Added:105 day(s) ago
- Updated:July 31, 2026 at 02:43 PM
Structure and exterior
- Lot area:5376 Acres
- Lot Features:Level, Public Transit (w/in 6 blks)
Finances and disclosures
- Price:$549,000
- Tax amount:$7,430 (2026)
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