Positioned in one of Minneapolis’ most dynamic urban corridors, 1501 Johnson Street presents a rare 2.26-acre redevelopment opportunity with exceptional visibility, accessibility, and long-term upside.
The property is currently improved with an 8,140-square-foot warehouse facility and a secure, fenced yard, offering near-term utility while providing developers with a strategic foundation for future transformation.
What sets this opportunity apart is its redevelopment readiness and flexible zoning framework. Zoned CM2 (Corridor Mixed-Use) with an approved Industrial Living Overlay. The site supports a variety of adaptive-reuse and mixed-use concepts without the need for rezoning, thereby streamlining the development process.
Extensive due diligence has already been completed, including survey work, full development plans, stormwater engineering, Phase I and II environmental studies, and a geotechnical report, allowing developers to accelerate timelines and focus on execution rather than entitlement risk.
The property is strategically positioned to capitalize on strong consumer demand and continued urban growth. Adjacent to a popular city park and recreation area, across from the Jim Lupient Water Park, and near major retail anchors at The Quarry Shopping Center, the site benefits from a highly desirable location within Northeast Minneapolis. This offering represents a compelling opportunity to create a transformative development with significant value creation potential.
Developers seeking a well-positioned, shovel-ready redevelopment site with flexible zoning, completed due diligence, and strong demographic fundamentals are encouraged to inquire today to explore the full potential of this premier Northeast Minneapolis opportunity.