Contacts
Erik Coglianese
Transwestern
Frank Richie
Transwestern
Property Details
- Property Type VacantLand
- Property Size 91,476 SF
- Lot Size 2.1 Acre
- Additional Rent Contact for pricing
- Building Class C
- Year Built 1948
- Date Updated Oct 25, 2024
Transwestern is pleased to offer a multifamily redevelopment opportunity blocks from prestigious Lake Minnetonka. Located just south of Grays Bay and within walking distance of retailers and restaurants, the property is tucked into one of the most desirable areas in the Twin Cities. The property consists of three contiguous parcels measuring a combined 2.1 acres and is currently improved with a small office and two duplexes. The tenants are on short term leases which provides buyers with the unique ability to acquire a cash flowing property while undergoing entitlements and final planning. High household incomes, strong demand for rental housing, and a void of new apartments in the immediate area ensures a successful apartment project.
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Getting around
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Walk Score ®
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Bike Score ®
Location
- City Wayzata, MN
- Neighborhood Groveland
- Zip Code 55391
- Market Minneapolis St Paul
Points of Interest
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Shady Oak
4.30 miles
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Downtown Hopkins
4.79 miles
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Opus
5.25 miles
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City West
5.66 miles
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Blake Road
5.77 miles
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SouthWest
6.25 miles
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Golden Triangle
6.30 miles
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Town Center
6.61 miles
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Louisiana Avenue
6.77 miles
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Wooddale Avenue
7.26 miles
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BP
0.18 miles
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ChargePoint
1.85 miles
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Holiday
2.20 miles
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Mobil
3.09 miles
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Super America
3.20 miles
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Lake Shore Market
3.48 miles
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Speedway
4.02 miles
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Tesla Supercharger
7.59 miles
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Minnetonka Blvd & Steele St
0.96 miles
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Wayzata Blvd & Barry Ave
2.37 miles
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Hwy 7 & Vinehill Rd
2.38 miles
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Wayzata West Middle School
2.49 miles
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Minnetonka Blvd & Baker Rd
2.64 miles
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Silverwood Park Parking Lot
3.09 miles
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Big Willow Park South Lot
3.38 miles
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Vicksburg Lane Trailhead
3.49 miles
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Plymouth Road Transit Center
3.52 miles
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Edenbrook Conservation Area
3.94 miles
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The Hotel Landing
1.96 miles
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Sheraton Minneapolis West Hotel
3.91 miles
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Home2 Suites
4.40 miles
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Hilton Homes
4.42 miles
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AmericInn
5.18 miles
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Marriott Minneapolis West
5.21 miles
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Courtyard
5.21 miles
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Holiday Inn Express
5.22 miles
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Ramada
5.27 miles
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Hilton Garden Inn
5.31 miles
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Lakewinds Food Co-op
0.14 miles
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Target
1.63 miles
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Cub Foods
1.67 miles
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Cottagewood General Store
2.01 miles
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Lunds & Byerlys
2.24 miles
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JCPenney
3.67 miles
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Whole Foods Market
3.68 miles
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Ridgedale Center
3.75 miles
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Macy's
3.75 miles
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Nordstrom
3.83 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.