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MN46 4561 Minnehaha Avenue, Minneapolis, MN 55406

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Property Information

https://mn46apartments.com/

ACKERBERG is pleased to announce MN46, a new construction mixed-use 54 micro-apartment community with 1,833 SF of first floor retail located in the Greater Longfellow/Hiawatha community of Minneapolis.

MN46 is conveniently located on the corner of 46th Street and Minnehaha Avenue. The pedestrian-friendly community is just a short walk from the new urban format Cub Foods, 46th Street Light Rail Station and Minnehaha Falls Park, Twin Cities bike trail system, Minnehaha Avenue shops, retail, dining and the Mississippi River.

MN46 will offer 54 apartment units with a mix of studios (388 SF – 411 SF), one bedrooms (419 SF – 648 SF) and two bedrooms (760 SF – 907 SF). The property will also offer 2 ground floor retail spaces totaling approximately 1,833 rentable square feet.

The expected completion date of this development project is May 2020.


Property Size: NA
Parking Type: off street

Total Available Space: 1,791 sq ft
Parking Spaces: 27 parking stalls - 17 covered stalls and 10 outside stalls

Neighborhood: South Minneapolis
Public Transit: Routes 7, 9, 46 and 74; Also near to 46th Street Light Rail Station

Available Spaces

Sq Feet Sq Feet Divisible to Space Type Available Price
1,791 sq ft 854 sq ft Residential, Retail Available Show Description

Current Availability:
Retail Bay 1  |  854 s.f.

Retail Bay 2  |  937 s.f.

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Location: South Minneapolis

South Minneapolis contains many small neighborhoods, each with distinctive demographics, economy, and character.  From Linden Hills to Kingfield to Powderhorn to  Tangletown,  These neighborhoods offer many different types of opportunities for those who are willing to look. Ackerberg has worked in all of them, and we enjoy applying our aptitude for solving problems to the diverse challenges in each of the neighborhoods of South Minneapolis.

Community Profile

While there are pockets on either end of the spectrum, generally speaking, the households of South Minneapolis are experiencing growth in the median hosehold income.  Many neighborhoods have high proportion of households with children, as well.  These demographics are very attractive to businesses that cater to these market segments. The neighborhoods of South Minneapolis have a high density of single family homes, and multiple central economic hubs that contain many owner-user commercial buildings. These unique business districts, easy transportation access, and proximity to the lakes and other recreation areas them walkable, amenity-rich communities with very active economies.  

Recent Trends

While we do continues to see new opportunities for development and growth inSouth Minneapolis, restrictions will likely continue to constrain development in these areas. This will have the effect of keeping commercial real estate prices on the higher side while also making new opportunities more exclusive and attractive to concepts that can absorb the higher overhead costs.  Still development is occurring, and for those who want to be creative, Ackerberg can be an ideal partner to helping you understand the commercial real estate opportunities that lie in South Minneapolis.

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Get In Touch

If you'd like more information about this property, or to arrange a viewing, please get in touch.

Amenities

  • 5th floor community room with fireplace and patio with views
  • bike lobby
  • package room
  • covered parking
  • top-of-market unit finishes

Live as if you were to die tomorrow.

Learn as if you were to live forever.

Mahatma Gandhi