5020 Xerxes Avenue S, Minneapolis, MN 55410

Minneapolis
Local realty services provided by:ERA Viking Realty
5020 Xerxes Avenue S,Minneapolis, MN 55410
$549,000
  • 5376 Acres
  • Lots / Land
  • Active
Listed by: christian k lindgren
Office: keller williams realty integrity lakes
MLS#:7056708
Source:NSMLS

Price summary

  • Price:$549,000

About this home

Rare Southwest Minneapolis development opportunity at 5020 Xerxes Ave S. This 42’ x 128’ paved commercial lot (approx. 5,376 SF) offers exceptional potential in one of Minneapolis’ most desirable urban neighborhoods. Currently utilized as a parking lot, the site presents a clean, redevelopment-ready footprint with no structural demolition required, creating immediate appeal for developers seeking a faster path to entitlement and construction. Positioned just steps from West 50th Street transit connections, the property enjoys excellent accessibility via Metro Transit Routes 36 and 46, with direct service north to Uptown and south to Southdale and surrounding employment centers. The lot is ideally suited for its highest and best use as boutique mixed-use, live/work, small multifamily, or premium residential infill, subject to zoning verification with the City of Minneapolis zoning maps. The surrounding corridor supports a vibrant blend of neighborhood retail, office, and residential...

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Home facts

  • Subdivision & Development:Steeles Lake Harriet Park Add
  • Listing ID #:7056708
  • Added:152 day(s) ago
  • Updated:September 16, 2026 at 12:04 PM

Structure and exterior

  • Lot area:5376 Acres
  • Lot Features:Level, Public Transit (w/in 6 blks)

Finances and disclosures

  • Price:$549,000
  • Tax amount:$7,430 (2026)
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