Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire Snelling Lodge. The property is currently a functioning 32 room hotel and can be bought as so; however, its highest and best use may be as a redevelopment or repositioning of the existing building. The building is situated on a two-parcel, 0.58-acre site strategically positioned in one of South Minneapolis’ most dynamic and transit-oriented corridors. This offering represents a rare chance for developers to capitalize on a well-located urban infill site with immediate access to critical infrastructure, strong surrounding demand drivers, and favorable zoning that supports a range of high-density development concepts. Situated just steps from the METRO Blue Line Light Rail Transit, the property provides seamless connectivity to some of the Twin Cities’ most significant employment and travel hubs, including the Minneapolis–Saint Paul International Airport, the Mall of America, the Minneapolis VA Medical Center, and downtown Minneapolis. This exceptional accessibility enhances the site’s appeal for both residential and mixed-use development, catering to a growing population seeking convenient, transit-oriented living options. The surrounding South Minneapolis submarket continues to experience steady population growth, supported by a diverse economic base and proximity to major employers across healthcare, transportation, logistics, and retail sectors. The property is zoned CM2 – Corridor Mixed Use. This flexible zoning framework accommodates a variety of development strategies, including multifamily, mixed-use, or neighborhood-serving commercial uses. Developers are well-positioned to deliver a high-density project that aligns with the city’s ongoing initiatives to encourage transit-oriented development and increased housing supply along key corridors. With its prime location near major transportation infrastructure, employment centers, and community amenities, Snelling Lodge offers an exceptional opportunity to create a transformative project in a highly connected urban neighborhood. The combination of strong market fundamentals, supportive zoning, and limited comparable redevelopment sites in the immediate area underscores the unique investment potential of this offering.