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I-94 The Loop; Re-Development Opportunity

620 Olson Memorial Hwy

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Minneapolis, MN 55411

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I-94 The Loop; Re-Development Opportunity

620 Olson Memorial Hwy

Minneapolis, MN 55411

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Contact Advisor

Square
Frank Jermusek, JD President / Managing Director
SVN | Northco Real Estate Services

frank.jermusek@svn.com
(C) 612.385.5546
(O) 952.820.1615

 
Square
Chris Kubesh Senior Advisor
SVN | Northco Real Estate Services

chris.kubesh@svn.com
(C) 612.242.6443
(O) 952.820.1668

 
Square
Dustin Wilhelmy Associate Advisor
SVN | Northco Real Estate Services

dustin.wilhelmy@svn.com
(C) 651.248.7773
(O) 952.820.1618

 


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Sale Overview

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For Sale
Price:
$8,000,000
Property Type:
ReDevelopment Opportunity
Total Lot Size:
4.35 Acres
Download Property Flyer
 


Highlights

  • Highly-Desirable North Loop Location in Minneapolis, Minnesota
  • 4.35 Acres of Land
  • 4 Total Parcels + Vacant Streets & Right of Ways
  • High exposure and visibility from Interstate-94
  • Excellent Re-Development Potential
  • Nearby planned Metro Transit Light Rail Expansion
  • Minutes from Newly Built Target Field - home to the Minnesota Twins
  • Walking Distance to Numerous Apartment, Condominium and Retail Developments

Description

This 4.35 acre site [including right of ways and vacant streets] in the North Loop boasts a fabulous opportunity for re-development. Ideally, because of its great highway exposure, the land would be featured as a company's new corporate headquarters. The property is centrally located in Minneapolis, Minnesota directly off Interstate Highway-94 on Olson Memorial Highway (State Highway-55).

As we continue to see fewer larger contingent office spaces in the Minneapolis CBD area, national corporations are choosing to expand their operations into the neighboring and quickly growing North Loop community.

Minneapolis' North Loop has seen considerable upticks in construction in development spanning from high-rise residential to retail and office. The site also sits nearby the metro transit light rail expansion planned upcoming by the City of Minneapolis, giving the sight potential for excellent non-driving access.

The site also sits directly off on Interstate Highway-94, one of highest trafficked highways in the state. With thousands of cars passing the site everyday, it gets extremely strong exposure by both local and cross state drivers.