About 200 Lowry Avenue Ne
Exceptional Investment Opportunity in the Heart of the Northeast Arts District Seize the opportunity to invest in a prime location in one of the most vibrant and rapidly developing areas— the Northeast Arts District. Strategically positioned at the highly trafficked corner of Lowry Ave NE and Second Street NE, this property offers unparalleled visibility and access, making it a standout asset for any investor or developer. This two-story, 5,354 square-foot building sits on a 0.18-acre lot and is an ideal candidate for either restoration or ground-up redevelopment. The site is well-suited for a variety of uses, including retail, restaurant, or mixed-use development, and offers substantial upside potential in a thriving community that encourages innovation and growth. The property benefits from CM-2 zoning, which permits small, moderate, and large-scale commercial uses, providing the flexibility to cater to diverse business needs. Moreover, the zoning encourages mixed-use, multistory development, opening doors for creative and impactful projects that align with the dynamic nature of the area. With the Northeast Arts District continuing to grow in both cultural and economic significance, this is an investment opportunity with tremendous future potential. Whether you are looking to restore a landmark property or embark on a new development, this site offers a canvas for success. This Commercial opportunity is Co-Listed w/ Sabine Shea with Assembly Realty
Features of 200 Lowry Avenue Ne
| MLS® # | 6816834 |
|---|---|
| Price | $774,900 |
| Year Built | 1910 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 200 Lowry Avenue Ne |
|---|---|
| Area | Bottineau |
| Subdivision | NE Minneapolis Arts District |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55418 |
Amenities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|---|
| Parking | Detached, Asphalt |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Forced Air, Hot Water |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Lot Description | Public Transit (w/in 6 blks), Corner Lot |
|---|---|
| Roof | Age 8 Years or Less, Flat, Pitched, Rubber, Tar/Gravel |
| Construction | Brick/Stone |
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $7,437 |
Listing Details
| Office | Coldwell Banker Realty |
|---|