Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the North Snelling Avenue Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗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 ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗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 ↗The North Snelling Avenue corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.
Metro Council — Environmental Response Fund ↗Signals are based on public datasets; program eligibility requires verification.
12 permits on record since 2018 · $121K total declared value · Most recent: Jun 2024 (billboard / sign)
ANDRIA TORMOEN LEROY SIGNS INC
RICK BINDER BINDER HEATING & A/C INC
RICK BINDER BINDER HEATING & A/C INC
RICK BINDER BINDER HEATING & A/C INC
Sherri Schultz / ERIC SESSING LANGER CONSTRUCTION CO
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Union Park District Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 334
Traditional Neighborhood 3 — medium-intensity mixed-use
Most Recent Sale
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 |
|---|---|---|---|---|
| 229 SNELLING AVE N | MICHAEL OSTERMAN TR | AUTOMOTIVE SERVICE STATION | $820,200 | 49 ft |
| 225 SNELLING AVE N | DAVID C DOSSE TR PATRICIA G DOSSE TR | SMALL (UNDER 10,000 SF) DET. RETAIL | $813,600 | 99 ft |
| 1596 MARSHALL AVE | SNELLING & MARSHALL LLC | COMMERCIAL VACANT LAND | $91,700 | 114 ft |
| 217 SNELLING AVE N | DAVID C DOSSE TR PATRICIA G DOSSE TR | COMMERCIAL VACANT LAND | $184,800 | 149 ft |
| 1585 MARSHALL AVE | STP RETAIL LLC | RESTAURANT AND/OR BAR | $670,100 | 164 ft |
| 209 SNELLING AVE N | 209 NORTH SNELLING LLC | MEDICAL CLINIC | $538,600 | 199 ft |
| 0 MARSHALL AVE | MATTAINI & BULACH PROPERTIES LLC | APARTMENT VACANT LAND | $17,100 | 204 ft |
| 1595 DAYTON AVE | MICHAEL A OSTERMAN TR | AUTOMOTIVE SERVICE STATION | $417,600 | 224 ft |
| 234 SNELLING AVE N | BUCKSTAR I LLC | DRIVE-IN REST/FOOD SRV FACILITY | $1,332,900 | 230 ft |
| 1605 MARSHALL AVE | 1605 MARSHALL STP LLC | APARTMENTS 7-19 RENTAL UNITS | $1,259,800 | 246 ft |