1516 W Broadway Avenue, Minneapolis, MN 55411

$16,500
Property Type: Land Lot Size (sq. ft.): 2,178 Status: Closed
Current Price: $16,500 List Date: 4/25/2025 Last Modified: 7/31/2025

Overview

Description

Zone: OR2 High Density Office Residence District. Mixed use environment of moderate to high density dwellings and large office uses, with additional small scale retail sales and services designed to serve the immediate surroundings. Buyer to verify all info per intended use.

Listing Details MLS# 6709663

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Lot
Lot Dimensions
22x97x22x91
Acres
0.05
Assessment Pending
Unknown
Association Fee
0

Property Features

Available Utilities: Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available Development Status: Finished Lot(s) Financing Terms: Cash Improvements: Curbs; Paved Streets; Public Road; Sidewalks Land Inclusions: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Topography: Level

Contract Information

Off Market Date
2025-07-02
Contingency
None
Closed Date
2025-07-31
Original List Price
25000
Sales Close Price
16500
ListPrice
25000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1516
Street Direction Prefix
W
Street Name
Broadway
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55411
Complex/Dev/Subdivision
Forest Heights

Assessments

Assessment Balance
364.5
Tax With Assessments
568.8

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
16
Township#
29

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
BLOCK 017 FOREST HEIGHTS COM ON SLY LINE OF LOT 49 AT A PT 10 57/100 FT WLY FROM SELY COR THEREOF THENCE NLY TO A PT ON NELY LINE OF SAID LOT 12 6/10 FT FROM NELY COR THEREOF THENCE SELY ON NELY LINE OF LOTS 49 AND 50 TO A PT ON THE N LINE OF LOT 50 DIS 9 5/10 FT E FROM NW COR THEREOF THENCE SLY TO A PT ON SLY LINE OF LOT 50 A DIS OF 11 44/100 FT FROM SWLY COR OF SAID LOT THENCE WLY TO BEGINNING LOTS 49 AND 50
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
1166
Property ID Number
1602924240131
Tax Year
2025
Tax Amount
204.3
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Zone: OR2 High Density Office Residence District. Mixed use environment of moderate to high density dwellings and large office uses, with additional small scale retail sales and services designed to serve the immediate surroundings. Buyer to verify all info per intended use.
Directions
94 to Broadway Ave (go west) to lot on north side of Broadway

Development Status

Finished Lot(s)
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

Other Bldg Restrictions
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Topography

Level
Yes

Available Utilities

Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes
Water Available
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Public Road
Yes
Sidewalks
Yes

Land Inclusions

None
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: July - 31 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.