1206 5th St E

1206 5th St E, Minneapolis, MN 55414

MULTIFAMILY For Sale

Year Built: 1900

Floors: 3

Available Spaces

SpaceSizeTypePricing
Dinkytown Multifamily Portfolio Sale 6 Properties SALE Contact for pricing

Contact

Michael Finley - Realty Group - Coon Rapids

PHONE: 9529920656

Description

1206 & 1212 5th Street Southeast are landmark multi-family properties located in the heart of the high-demand Marcy-Holmes neighborhood in the heart of Dinkytown. These 1892-built historic assets offer a unique blend of late-19th-century craftsmanship and significant value-add redevelopment potential. The property is a prime location for redevelopment companies and investors seeking a foothold in the University of Minnesota submarket. Investment Highlights: Strategic Location: Located in the heart of Dinkytown at the University of Minnesota and a few blocks from the Mississippi Riverfront. The buildings side by side comprise over 10,000 square feet across four stories. High-Density Zoning (OR3) The Residence District zoning offers flexible redevelopment or expansion pathways, allowing for medium to high-density residential use. The property and both buildings are surrounding by large scale student housing buildings. These 2 buildings are offered with an additional 4 Dinkytown properties within 6 blocks: 1009 University Ave and 314 10th Ave (adjacent to each other at the corner of 10th & University) and 319 and 321 12th Ave Southeast are side by side. Seller prefers to sell all 6 properties as a portfolio. Also available is 406 14th Ave SE, Minneapolis, MN 55414 a mixed-use property with 4 units and street retail with long term established restaurant tenant.