Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2026 · Most recent: Apr 2026 (commercial minor)
ACS Logistics Holdings LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 83
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,844 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3104 3RD AVE S MINNEAPOLIS MN 55408 | ELLIOT BUTAY & CHELSEA BUTAY | RESIDENTIAL | $286,000 | 43 ft |
| 3108 3RD AVE S MINNEAPOLIS MN 55408 | D COLAKOVIC & A D SCHROEDER | RESIDENTIAL | $359,000 | 86 ft |
| 3046 3RD AVE S MINNEAPOLIS MN 55408 | ALLISON ADELLE BROEREN | RESIDENTIAL | $636,000 | 129 ft |
| 3112 3RD AVE S MINNEAPOLIS MN 55408 | REINA S BENAVIDES GUAMA | RESIDENTIAL | $213,000 | 132 ft |
| 212 31ST ST E MINNEAPOLIS MN 55408 | CARLOS ORITZ/M ORTIZ GUALLPA | RESIDENTIAL | $242,700 | 138 ft |
| 3101 2ND AVE S MINNEAPOLIS MN 55408 | SANDRA K ALLISON | RESIDENTIAL | $286,000 | 139 ft |
| 3107 2ND AVE S MINNEAPOLIS MN 55408 | CHRISTOPHER LEE | RESIDENTIAL | $416,000 | 147 ft |
| 3111 2ND AVE S MINNEAPOLIS MN 55408 | K M LARSON & B A VITENSE | RESIDENTIAL | $333,000 | 166 ft |
| 3045 2ND AVE S MINNEAPOLIS MN 55408 | YUN XIE & YINYING ZHONG | RESIDENTIAL-TWO UNIT | $338,100 | 175 ft |
| 307 31ST ST E MINNEAPOLIS MN 55408 | GONZALO GUAMAN SIBRI | RESIDENTIAL | $229,400 | 175 ft |
Most Recent Sale
Current Tax Year