3009 Emerson Avenue S, Minneapolis, MN 55408
New Listing
$795,000
Property Type:
Commercial
Bedrooms:
5
Baths:
1
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$795,000
List Date:
6/08/2026
Last Modified:
6/08/2026
Listing Details MLS# 7083301
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 2
- Owner Occupied
- No
- Waterfront Present
- No
- Year Built
- 1909
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 905
- Garage Stalls
- Yes
- Power Company
- Xcel Energy
- For Sale or Lease
- For Sale
- Acres
- 0.14
- Lot Dimensions
- 46 x 128.55
- Assessment Pending
- No
Property Features
Accessible:
None
Assumable Loan:
Not Assumable
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Fiber Board
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Radiant; Radiator
Loan Terms:
Cash; Conventional
Lock Box Type:
None
Lot Description:
Infill Lot; Public Transit (w/in 6 blks); Underground Utilities
On Site Utilities:
Electric Common; Electric Separate
Parking Characteristics:
Carport
Potential Use:
Other
Road Frontage:
City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
Road Responsibility:
Public Maintained Road
Sewer:
City Sewer - In Street; City Sewer/Connected
Stories:
Two
Topography:
Level
Water:
City Water - In Street; City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 795000
- Owner is an Agent?
- Yes
- Auction?
- No
Location Tax and Other Information
- House Number
- 3009
- Street Name
- Emerson
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55408
- Complex/Dev/Subdivision
- Calhoun Park
Assessments
- Tax With Assessments
- 3486.18
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 2005
- Building SqFt
- 2910
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 04
- Township#
- 28
Sale Options
- Sale Includes
- Building, Land
Unit 1
- Unit Number
- Yes
- Full Baths
- Yes
- Total Bathrooms
- Yes
- Total Bedrooms
- 5
- Unit Total SqFt
- 2005
- Leased?
- Yes
- Lease Expiration Date
- 2026-08-22
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT 010 BLOCK 008 CALHOUN PARK
- Listing City
- Minneapolis
- Map Page
- 106
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 2715
- Property ID Number
- 0402824120010
- Tax Year
- 2025
- Tax Amount
- 3486.18
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- CM4 / Corridor 6 development site in South Minneapolis offering ~25,200 SF of by-right residential buildable area on a 5,913 SF lot. Six-story 5-over-1 building concept designed within all confirmed setbacks -- site plan review only, no variances required. Corridor 6 Built Form Overlay supports 4.26 FAR with 2 standard premiums and up to 84 feet height. Below-grade parking does not count toward FAR, enabling basement parking (accessed from rear alley) plus six full residential floors above. Preliminary massing supports 25-26 dwelling units, subject to final design and approvals. CM4 zoning permits four or more residential units by-right. Parking requirements are flexible due to transit corridor designation. Surface parking permitted in setback areas with screening. Existing structure is present and currently occupied but property is being marketed for land value and redevelopment. South side setback variance could unlock additional density to ~28,000 SF / ~28-30 units. Ideal for local and regional developers seeking by-right Corridor 6 density with strong rental fundamentals. Buyer to verify zoning, setbacks, FAR premiums, and development potential.
- Directions
- From Hennepin Ave S, head east on W 31st St, then north on Emerson Ave S to 3009 Emerson Ave S (between W 30th St and W 31st St). Street parking available.
Accessible
- None
- Yes
Assumable Loan
- Not Assumable
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Fiber Board
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Radiant
- Yes
- Radiator
- Yes
Lock Box Type
- None
- Yes
Lot Description
- Infill Lot
- Yes
- Public Transit (w/in 6 blks)
- Yes
- Underground Utilities
- Yes
Parking Characteristics
- Carport
- Yes
Road Frontage
- City Street
- Yes
- Curbs
- Yes
- Paved Streets
- Yes
- Sidewalks
- Yes
- Storm Sewer
- Yes
- Street Lights
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Sewer
- City Sewer - In Street
- Yes
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Topography
- Level
- Yes
Water
- City Water - In Street
- Yes
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Electric Separate
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Potential Use
- Other
- Yes
Listing Office:
Aire LLC
Last Updated: June - 08 - 2026
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