The Lily Pad

3601 Nicollet Ave S, Minneapolis, MN 55409

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 49,857 SF
  • Units 52
  • Lot Size 0.29 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2022
  • Date Updated Mar 20, 2024
Minneapolis MSANAI Legacy is pleased to announce this listing of The Lily Pad Apartments, a 52 -unit apartment community located in Minneapolis, Minnesota. The property is offered for sale on a free-and-clear basis in the heart of an urban market, currently under construction with an anticipated delivery at the end of this year. The Lily Pad sits on .29 acres and features nine studio units estimated at 360 square feet, seven alcove units estimated at 510 square feet, thirty-two one-bedroom/one-bathroom units estimated at 570 square feet, four two-bedroom/one-bathroom units estimated at 850 square feet. The property features 2,729 square feet of commercial space along with 18 indoor parking spaces and 29 bike parking spaces will also be located on the same floor and an elevator to get up to the fifth floor. Located where the Central and Bryant neighborhoods meet within the Powderhorn community of South Minneapolis. Via Interstate 35W, access to all major highways in the area is simple. There is less than a ten-minute drive to Downtown Minneapolis and about ten minutes to MSP International Airport, and twenty minutes from Downtown St. Paul. The Lily pad lies on Nicollet Avenue, which is a major street in Minneapolis, Richfield, Bloomington, and Burnsville. It passes through a number of locally well-known neighborhoods and districts, notably Eat Street. The Iconic Mall of America is only fifteen minutes away, and there is ample shopping, dining and entertainment options nearby, and ample green space and bike paths. For tenants with children, there are numerous schools in the area, to include: Hiawatha College Prep - Kingfield (.5 miles), Lyndale Community School (.5 miles), Washburn Highschool (2.3 miles), South High School (2.3 miles), Southwest High School (4 miles). Minneapolis is the largest city of Minneapolis and is home to Twins (baseball), Timberwolves (basketball) and Vikings (football) professional sports teams. Minneapolis has hosted The Final Four (2019), Superbowl 52 (2018), The X Games (2018), and The Major League Baseball Allstar Game (2014). This offering presents the opportunity to acquire a newly developed asset in a transforming and highly desirable area of Minneapolis.

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Highlights

  • Short commute to Mall of America, Downtown Minneapolis, MSP International Airport
  • One of the most desirable / rapidly developing neighborhoods in Minneapolis

Contacts

broker

Chris Missling

NAI Legacy

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Minneapolis, MN
  • Neighborhood King Field
  • Zip Code 55409
  • Market Minneapolis St Paul

Points of Interest

  • Lakewood Cemetary Stop

    1.35 miles

  • Cottage City Stop

    1.60 miles

  • 42nd St Depot

    1.70 miles

  • Lake Street/Midtown

    2.04 miles

  • Franklin Avenue

    2.29 miles

  • 38th Street

    2.36 miles

  • West Lake Street

    2.40 miles

  • West 21st Street

    2.42 miles

  • Cedar-Riverside

    2.50 miles

  • Bryn Mawr

    2.62 miles

  • Speedway

    0.17 miles

  • minnoco

    0.50 miles

  • Shell

    0.96 miles

  • Marathon

    1.10 miles

  • Arco

    1.24 miles

  • Winner on 46th

    1.27 miles

  • Holiday

    1.46 miles

  • ChargePoint

    2.99 miles

  • Greenlots

    3.42 miles

  • Tesla Supercharger

    3.46 miles

  • 28th St Parking

    1.00 miles

  • Seven Points Parking Ramp

    1.16 miles

  • MCAD Parking Lot C

    1.30 miles

  • Overflow Parking Ramp

    1.32 miles

  • Main Parking Ramp

    1.36 miles

  • Green Ramp

    1.46 miles

  • Piper Parking Lot

    1.48 miles

  • Blue Ramp

    1.53 miles

  • Employee Parking Ramp

    1.56 miles

  • Leaning Tower Parking Lot

    1.61 miles

  • Moxy Minneapolis Uptown

    1.10 miles

  • Minneapolis International Hostel

    1.49 miles

  • 300 Clifton

    2.01 miles

  • Millennium Hotel

    2.29 miles

  • Hilton Garden Inn Minneapolis Downtown

    2.30 miles

  • Hyatt Regency Minneapolis

    2.32 miles

  • Holiday Inn Express Minneapolis Downtown Convention Center

    2.34 miles

  • Hotel Ivy, a Luxury Collection Hotel, Minneapolis

    2.36 miles

  • Hilton Minneapolis

    2.44 miles

  • Elliot Park Hotel

    2.45 miles

  • Butter Bakery Cafe

    0.12 miles

  • Hola Arepa

    0.13 miles

  • Kyatchi

    0.22 miles

  • Cocina Latina

    0.22 miles

  • Nighthawks Diner & Bar

    0.22 miles

  • Petite León

    0.24 miles

  • Ramen Kazama

    0.26 miles

  • Rincon 38

    0.41 miles

  • Victor's 1959 Cafe

    0.42 miles

  • Valerie's Taqueria

    0.53 miles

  • Green Central Dual Language Elementary

    0.36 miles

  • Lyndale Community School

    0.41 miles

  • Early Childhood Special Education (Wilder)

    0.86 miles

  • Metro Educational Services

    0.87 miles

  • Heritage Academy

    0.87 miles

  • Cristo Rey Jesuit High School

    0.90 miles

  • Risen Christ Catholic Schools

    0.97 miles

  • Barton Elementary School

    1.07 miles

  • Bancroft Elementary School

    1.10 miles

  • Southside Family Charter School

    1.19 miles

  • Hooyo Child Care Center

    0.03 miles

  • Creative Minds Daycare

    0.56 miles

  • Sunshine Tree Child Development

    0.75 miles

  • Grandma's House Children's Center

    0.77 miles

  • McKnight Early Childhood Family Development Center

    0.84 miles

  • Perfect Balance Child Care

    0.96 miles

  • Lucky Stars Child Care Services

    1.18 miles

  • Nokomis Child Care Center

    1.30 miles

  • Jardin Spanish Immersion Academy

    1.33 miles

  • Linkage Childcare Center

    1.54 miles

Frequently Asked Questions

How much does The Lily Pad cost?

The sale price for The Lily Pad is available upon request. Contact the listing broker for more information.

What is the total square footage of The Lily Pad?

The Lily Pad totals 49,857 square feet.

When was this property built?

The Lily Pad was built in 2022.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Chris Missling

NAI Legacy