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5337-5345 France Ave S 43 Unit Apartment Building £1,042,659 (£24,248/Unit) Minneapolis, MN 55410
INVESTMENT HIGHLIGHTS
- High-demand location
- Significant frontage and depth
- Flexible zoning advantages
- Potential for a lucrative ROI
EXECUTIVE SUMMARY
Introducing a rare and unparalleled investment opportunity in the heart of Minneapolis. This offering includes 3 contiguous lots with a generous 120' of frontage and 126' of depth on 5337 France Avenue S and 5345 France Avenue S. Currently hosting existing homes, these lots are primed and ready for transformative development. Strategically located in the UN3 Urban Neighborhood District, the BFC3 Corridor 3 Built Form Overlay District, and the SH Shoreland Overlay District, the properties offer a unique blend of development flexibility and regulatory advantages. Be inspired by the beautiful preliminary rendering of a 43-unit complex that perfectly captures the essence of modern urban living. With a maximum height of 4 stories permissible. Attract a diverse range of tenants, from young professionals seeking a vibrant lifestyle to empty nesters looking for urban convenience.
The lots’ location are strategic for a multi-family development, ensuring future residents will revel in easy access to essential amenities while enjoying the tranquility of a well-established neighborhood. The nearby Lake Harriet invites outdoor enthusiasts to explore its scenic trails, sail its calm waters, or simply soak in the serene vistas.
The bustling 50th and France avenue business district is just a stroll away, offering an assortment of dining, shopping, and entertainment options. Additionally, the location boasts excellent connectivity with various public transportation options, simplifying the commute to Southdale Fairview Hospital, downtown Minneapolis and beyond.
AGENT BROKERS AND BUYERS TO VERIFY ALL INFORMATION AND MEASUREMENTS.
The lots’ location are strategic for a multi-family development, ensuring future residents will revel in easy access to essential amenities while enjoying the tranquility of a well-established neighborhood. The nearby Lake Harriet invites outdoor enthusiasts to explore its scenic trails, sail its calm waters, or simply soak in the serene vistas.
The bustling 50th and France avenue business district is just a stroll away, offering an assortment of dining, shopping, and entertainment options. Additionally, the location boasts excellent connectivity with various public transportation options, simplifying the commute to Southdale Fairview Hospital, downtown Minneapolis and beyond.
AGENT BROKERS AND BUYERS TO VERIFY ALL INFORMATION AND MEASUREMENTS.
PROPERTY FACTS
| Price | £1,042,659 | Costar Property Class | B |
| Price Per Unit | £24,248 | Total Plot Size | 0.35 ac |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 43 | Property Size | 27,000 sq ft |
| Property Type | Build-to-Rent | No. Floors | 4 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Mid-Rise | ||
| Use Class | BFC3 - Corridor 3 Built Form Overlay District, and the SH Shoreland Overlay District | ||
| Price | £1,042,659 |
| Price Per Unit | £24,248 |
| Sale Type | Investment |
| No. Units | 43 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.35 ac |
| Construction Status | Proposed |
| Property Size | 27,000 sq ft |
| No. Floors | 4 |
| Year Built | 2026 |
| Use Class | BFC3 - Corridor 3 Built Form Overlay District, and the SH Shoreland Overlay District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 40 | - | 450 - 596 |
| 1+1 | 3 | - | 450 - 596 |
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Walk Score®
Easily Walkable (72)
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5337-5345 France Ave S
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