On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
23 permits on record since 2003 · $3.9M total declared value · Most recent: Sep 2024 (commfdnr)
SPI Mechanical LLC
SPI Mechanical LLC
East Central Mechanical Services LLC
DESIGN 2 BUILDERS INC
Comfort Heating and Air Conditioning LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Powderhorn Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1221 LAKE ST E MINNEAPOLIS MN 55407 | GIF PROPERTIES | COMMERCIAL-NON PREFERRED | $1,493,000 | 149 ft |
| 3010 13TH AVE S MINNEAPOLIS MN 55407 | MPLS GOSPEL TABERNACLE | LAND-COMMERCIAL | $0 | 163 ft |
| 3023 12TH AVE S MINNEAPOLIS MN 55407 | PATRICIA J STUHLMAN | RESIDENTIAL-TWO UNIT | $308,500 | 167 ft |
| 1119 LAKE ST E MINNEAPOLIS MN 55407 | LUL BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $445,000 | 191 ft |
| 3010 12TH AVE S MINNEAPOLIS MN 55407 | LUL PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $32,000 | 212 ft |
| 3027 12TH AVE S MINNEAPOLIS MN 55407 | JOY C OKWULEHIE | RESIDENTIAL-TWO UNIT | $279,800 | 212 ft |
| 3016 12TH AVE S MINNEAPOLIS MN 55407 | OSMAN & LUL PROPERTIES LLC | RESIDENTIAL | $247,000 | 229 ft |
| 1115 LAKE ST E MINNEAPOLIS MN 55407 | CORNERSTONE INVESTMENTS INC | LAND-COMMERCIAL | $84,100 | 237 ft |
| 1204 LAKE ST E MINNEAPOLIS MN 55407 | LUL BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,320,000 | 240 ft |
| 3026 13TH AVE S MINNEAPOLIS MN 55407 | STANLEY L RADTKE ET AL | APARTMENT | $586,000 | 246 ft |