3009 EMERSON AVENUE
3009 Emerson Avenue, Minneapolis, 55408, MN
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Price: $795,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: 70
Bedrooms: 5
Property Size :0
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Listing Agent: NST1000771,NST107452
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Property type : Commercial Sale
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Zip code: 55408
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Street: 3009 Emerson Avenue
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Street: 3009 Emerson Avenue
Bathrooms: 1
Year: 1909
Listing Brokerage: AiRe Brokers
DETAILS
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.
INTERIOR
Bedrooms: 5
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: 1
Above Ground Living: N/A
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Basement Details: ,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: 1
Construction Materials: N/A
Foundation Size: 905ft²
Unit Amenities:
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Heating System:
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- Radiant
- Radiator
LOT
Acres: N/A
Lot Size Dim.: 46 x 128.55
Longitude: 44.9479
Latitude: -93.2941
Zoning: Business/Commercial
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $3,486
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected,City Sewer - In Street
Water System: City Water/Connected,City Water - In Street
ADDITIONAL INFORMATION
MLS#: NST7909738
Listing Brokerage: AiRe Brokers
ID: 4925633
Published: June 08, 2026
Last Update: June 08, 2026
Views: 1
