On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the Lowry Avenue North Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗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.
4 permits on record since 2019 · Most recent: Jan 2025 (commercial minor)
BKMC
BKMC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Cleveland · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1007
Zip code 55412
Source: Redfin Data Center (Invalid Date) · Zip 55412
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 |
|---|---|---|---|---|
| 3243 PENN AVE N MINNEAPOLIS MN 55412 | JACK GLEN LLC | RESIDENTIAL | $67,000 | 47 ft |
| 3251 PENN AVE N MINNEAPOLIS MN 55412 | DEBRA HARRINGTON | RESIDENTIAL | $234,100 | 54 ft |
| 3239 PENN AVE N MINNEAPOLIS MN 55412 | CIRQUE LLC | LOW INCOME RENTAL | $259,400 | 87 ft |
| 3257 PENN AVE N MINNEAPOLIS MN 55412 | ROSA E LEMA-BONETE ET AL | RESIDENTIAL | $243,000 | 101 ft |
| 3235 PENN AVE N MINNEAPOLIS MN 55412 | ANTHONY BENDA | RESIDENTIAL | $162,500 | 127 ft |
| 3229 PENN AVE N MINNEAPOLIS MN 55412 | WILLIAM HOPSON | RESIDENTIAL-TWO UNIT | $282,500 | 167 ft |
| 3222 QUEEN AVE N MINNEAPOLIS MN 55412 | CITY OF MPLS PARK BOARD | COMMERCIAL-PREFERRED | $0 | 169 ft |
| 3246 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 192 ft |
| 3242 PENN AVE N MINNEAPOLIS MN 55412 | FRONK REAL ESTATE LLC | RESIDENTIAL | $157,900 | 198 ft |
| 3254 PENN AVE N MINNEAPOLIS MN 55412 | SPIRIT & TRUTH WORSHIP CTR | COMMERCIAL-PREFERRED | $0 | 203 ft |