Active

MLS: #7056708, Listed By: Christian Lindgren, Keller Williams Realty Integrity Lakes, Source:FargoMoorhead Area Association of REALTORS

5020 Xerxes Avenue

Minneapolis, MN 55410
Mark as Favorite
SqFt5,376

Sqft(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $549,000

AD Id : 77548569

MLS Id : 7056708

Lot Size : 5,376 Sqft(Lot)

County : Hennepin

Subdivision: Pocono Laurel Lake

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Lot Information

    Lot Dimensions: 42x128 Main Square Feet: 5376 Square Feet Lot Size Acres: 0.12 Lot Size Square Feet: 5376 Lot Description: Near Public Transit, Level

    Property Information

    Subdivision: Steeles Lake Harriet Park Add Source Property Type: Land Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $549000

  • Tax Information

    Parcel Number: 1702824310069 Annual Tax: $7430

  • Location Information

    Direction: South on Xerxes Ave S. from W. 50th St.
Sell a home like this and save $32,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...
Broker Logo

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/17/2026 @ 06:21

MLS: 7056708 LISTED BY: Christian Lindgren, Keller Williams Realty Integrity Lakes 612-821-7400 SOURCE: FargoMoorhead Area Association of REALTORS

Selling? Save $32,441 when you sell a home like this

Tour with a ByOwner Agent