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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 · $1K total declared value · Most recent: May 2025 (res)
Farr Plumbing and Heating LLC
CenterPoint Energy Resource Corp
AA Garage Door LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1115
Zip code 55419
Source: Redfin Data Center (Invalid Date) · Zip 55419
Residential Mixed-Use 1 — low-density mixed residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,591 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5557 NICOLLET AVE MINNEAPOLIS MN 55419 | E C BOUBELIK & I L FERGUSON | RESIDENTIAL-TWO UNIT | $381,000 | 40 ft |
| 5549 NICOLLET AVE MINNEAPOLIS MN 55419 | NATHAN J JESSUP | RESIDENTIAL-TWO UNIT | $381,700 | 45 ft |
| 5545 NICOLLET AVE MINNEAPOLIS MN 55419 | DONALD W SCHANDING II | RESIDENTIAL | $188,000 | 91 ft |
| 5601 NICOLLET AVE MINNEAPOLIS MN 55419 | COMPASS 5601 LLC | COMMERCIAL-PREFERRED | $377,000 | 129 ft |
| 5541 NICOLLET AVE MINNEAPOLIS MN 55419 | MICHAEL AUBOL | RESIDENTIAL | $400,400 | 131 ft |
| 5552 1ST AVE S MINNEAPOLIS MN 55419 | ZACHARY OLSON | RESIDENTIAL | $367,000 | 140 ft |
| 5556 1ST AVE S MINNEAPOLIS MN 55419 | K SLININGER & L K SLININGER | RESIDENTIAL | $436,300 | 144 ft |
| 5548 1ST AVE S MINNEAPOLIS MN 55419 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 149 ft |
| 5544 1ST AVE S MINNEAPOLIS MN 55419 | J E OSBORN & A C OSBORN | RESIDENTIAL | $397,400 | 167 ft |
| 5605 NICOLLET AVE MINNEAPOLIS MN 55419 | COMPASS NICOLLET APTS LLC | APARTMENT | $1,146,300 | 167 ft |
Most Recent Sale
Current Tax Year