1108 2ND ST N E MINNEAPOLIS MN 55413

PID: 1402924230472

Property Overview

Parcel ID1402924230472

Lot Size8,910 sq ft (0.205 ac)

Lot Dimensions (est.)99 ft wide × 90 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerCRESCENT TRACE MARKETPLACE

Assessed Value$10,000

Land Value$10,000

Building Value$0

Annual Tax$221

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

High-Frequency Transit (5-min walk)High

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 ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Met Council Livable Communities GrantMedium

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 ↗

Environmental Response FundMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,466/mo

Renter-occupied71.3%

Median home value$320K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 24

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

CM3Community Mixed Use

Property History

Most Recent Sale

Date202603

Price$1,750,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$221

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1116 2ND ST N E MINNEAPOLIS MN 55413	SHIV NATH TANDON	RESIDENTIAL	$405,600	65 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	PARK AVE LLC	COMMERCIAL-PREFERRED	$1,610,000	86 ft
1118 2ND ST N E MINNEAPOLIS MN 55413	S N TANDON & M TANDON	TRIPLEX	$330,900	107 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft
1101 MAIN ST N E MINNEAPOLIS MN 55413	1101 MAIN LLC	CONDO GARAGE/MISCELLANEOUS	$9,400	145 ft