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62 Highway 55 - Medina Land Parcels

0.48 Acres of Commercial Land in Medina, MN 55340

Investment Highlights

  • High density land in Medina

Executive Summary

• Access will be through access road on north side of property via Hwy 101
• Frontage onto Highway 55 and Hwy 101
• Ideal location for senior housing, market rate apartments, co-op housing
• Zoned for Residential - Multiple Family (R4)
• Guided for High Density Residential (HDR)
• Wayzata ISD #284

Financial Summary (Actual - 2020)

Annual Annual Per AC
Taxes £2,161 £4,501.76
Operating Expenses - -
Total Expenses £2,161 £4,501.76

Financial Summary (Actual - 2020)

Taxes
Annual £2,161
Annual Per AC £4,501.76
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £2,161
Annual Per AC £4,501.76

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 0.48 AC
Year Built 1960

1 Lot Available

Lot

Lot Size 0.48 AC

Description

• Zoned for Residential - Multiple Family (R4) • Guided for High Density Residential (HDR)

zoning

Zoning Code Residential
Residential
  • Listing ID: 21622866

  • Date on Market: 30/11/2020

  • Last Updated:

  • Address: 62 Highway 55, Medina, MN 55340

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