Description

For Sale we have 2 Contiguous Lots, 187 & 191 James Ave N, totaling 0.38 acres, one is a Triplex, the other is vacant land with a 2 car garage. The lots are amongst several completed and under construction development projects on or surrounding James Ave N in the Bryn Mawr Neighborhood of Minneapolis. Zoned R5 Multiple Family District with BFC4 Corridor 4 Built Form Overlay District allows MF, SF and Commercial. 86 feet of frontage along James Avenue. Multiple-Opportunity with 4 different plays. (1) Planned Unit Development; (2) Community Residential Facilities; (3) Buy & Hold; (4) Redevelop to Multi-Family or Mixed Use. James Ave N has become a revitalized area with variety of residential , office and retail completed or under construction. The Triplex has 3 Tenants, property condition is Tier 1 with many updates over the years (see supplements). Do not disturb tenants. Contact Broker for Rent Roll. Seller may be open to CD.

MLS ID: 6420614

Directions: I-94 W to MN 55 (Exit 230). Take Hwy 55 W and Girard Terrace to James Ave N.