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.
3 permits on record since 2017 · $22K total declared value · Most recent: Oct 2021 (commercial fire/building violation)
Barr Web Industries Inc
Muhim Abdi Muhim's Cafe
GREATSTONE CONTRACTING
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · 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
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 |
|---|---|---|---|---|
| 111 LAKE ST E MINNEAPOLIS MN 55408 | JFS 111 LAKE STREET LLC | COMMERCIAL-PREFERRED | $1,500,000 | 118 ft |
| 112 LAKE ST E MINNEAPOLIS MN 55408 | B2B INVESTMENT GROUP LLC | LOW INCOME RENTAL | $1,932,000 | 237 ft |
| 12 LAKE ST E MINNEAPOLIS MN 55408 | NICO PROPERTIES III LLC | LAND - INDUSTRIAL | $97,000 | 251 ft |
| 106 LAKE ST E MINNEAPOLIS MN 55408 | B2B INVESTMENT GROUP LLC | LAND-COMMERCIAL | $162,200 | 253 ft |
| 102 LAKE ST E MINNEAPOLIS MN 55408 | ATLAS GROUP LLC | LAND-COMMERCIAL | $167,100 | 286 ft |
| 110 31ST ST E MINNEAPOLIS MN 55408 | UNITED STATES POSTAL SERVICE | COMMERCIAL-PREFERRED | $0 | 308 ft |
| 118 LAKE ST E MINNEAPOLIS MN 55408 | NICO PROPERTIES II LLC | LAND - INDUSTRIAL | $198,000 | 363 ft |
| 1 LAKE ST E MINNEAPOLIS MN 55408 | NR DEVELOPMENT LLC | COMMERCIAL-PREFERRED | $2,900,000 | 395 ft |
| 201 LAKE ST E MINNEAPOLIS MN 55408 | KHANAT HOLDINGS LLC | APARTMENT | $1,790,000 | 486 ft |
| 3031 NICOLLET AVE MINNEAPOLIS MN 55408 | NR DEVELOPMENT LLC | COMMERCIAL-PREFERRED | $3,050,000 | 496 ft |