On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗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.
14 permits on record since 2013 · $777K total declared value · Most recent: Nov 2025 (commfdrr)
Cities 1 Plumbing and Heating Inc
Cities 1 Plumbing and Heating Inc
Penn Place LLC
BURNOMATIC
BURNOMATIC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lynnhurst · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1113
Zip code 55419
Source: Redfin Data Center (Invalid Date) · Zip 55419
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 |
|---|---|---|---|---|
| 2215 50TH ST W MINNEAPOLIS MN 55419 | TOBY & SONS LLC | LAND-COMMERCIAL | $213,000 | 64 ft |
| 5009 PENN AVE S MINNEAPOLIS MN 55419 | JOHN O'NEILL | COMMERCIAL-PREFERRED | $690,000 | 86 ft |
| 5017 PENN AVE S MINNEAPOLIS MN 55419 | R J GAGE & A B R WOOD | RESIDENTIAL-TWO UNIT | $453,900 | 144 ft |
| 4953 PENN AVE S MINNEAPOLIS MN 55419 | ARBOR PENN PROPERTIES LLC | COMMERCIAL-NON PREFERRED | $1,552,600 | 146 ft |
| 5000 PENN AVE S MINNEAPOLIS MN 55419 | MOLLY'S INCORPORATED | COMMERCIAL-PREFERRED | $775,000 | 152 ft |
| 5000 OLIVER AVE S MINNEAPOLIS MN 55419 | COLETTE M COTY | RESIDENTIAL | $458,900 | 172 ft |
| 5004 OLIVER AVE S MINNEAPOLIS MN 55419 | SHARON HOLT | RESIDENTIAL-TWO UNIT | $596,900 | 173 ft |
| 5008 OLIVER AVE S MINNEAPOLIS MN 55419 | KEITH/MARION HERSEY RV LV TR | RESIDENTIAL | $613,800 | 182 ft |
| 5021 PENN AVE S MINNEAPOLIS MN 55419 | MARY WALKER ET AL | RESIDENTIAL-TWO UNIT | $457,000 | 183 ft |
| 5014 PENN AVE S MINNEAPOLIS MN 55419 | A P CARPENTER/K J CARPENTER | COMMERCIAL-PREFERRED | $428,000 | 195 ft |