About 4738 Grand Avenue S
This listing is for the purchase of a 'To-Be-Built' 23-unit luxury apartment building in the Tangletown neighborhood in Southwest Minneapolis. The entitlements have been approved and the building permit has been applied for. Pre-cast concrete is ordered and subcontractors are lined up! The construction is set to start upon building permit approval. Estimated start is late August / early September and completion is fall of 2023. Option to purchase this four-story luxury building now for a turn-key apartment upon completion or partner with developer / builder now at the start. Please contact for more information on partnership / joint venture. Stated NOI assumes no vacancy. ***Open for outright entitled land sale for $1,895,000 that includes all project approvals, land, A&E, MEP, etc. and all docs with a permit ready. Willing to build at cost with a construction management fee in an 'open-book' full transparency model with amicable buyer or partner terms.
Features of 4738 Grand Avenue S
| MLS® # | 6238393 |
|---|---|
| Price | $8,395,000 |
| Bathrooms | 0.00 |
| Acres | 0.25 |
| Year Built | 2023 |
| Type | Commercial Sale |
| Sub-Type | High Rise |
| Style | High Rise |
| Status | Active |
Community Information
| Address | 4738 Grand Avenue S |
|---|---|
| Area | Tangletown |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55419 |
Amenities
| Amenities | Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Other, Security |
|---|---|
| # of Garages | 10 |
| Garages | Assigned, Attached Garage, Contract Pkg Required, Concrete, Shared Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Insulated Garage, Secured, Shared Garage/Stall, Storage, Underground |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Other, Range, Refrigerator, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Lot Description | Sod Included in Price, Underground Utilities |
|---|---|
| Roof | Age 8 Years or Less, Flat, Rubber |
| Construction | Brick/Stone, Metal Siding, Stucco |
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 19 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Stone Arch Realty |
|---|