Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
5 permits on record since 2024 · $1.2M total declared value · Most recent: Jul 2024 (foodbev)
Associated Mechanical Contractors Inc
Associated Mechanical Contractors Inc
Custom Refrigeration Inc
Barcelona Minneapolis LLC
Northern Mechanical Contractors LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
North Loop · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1262.02
Zip code 55401
Source: Redfin Data Center (Invalid Date) · Zip 55401
Downtown Center 2 — downtown frame district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 500 WASHINGTON AVE N MINNEAPOLIS MN 55401 | DUFFY CEDAR PROPERTY OWNER | VACANT LAND-APARTMENT | $898,000 | 66 ft |
| 528 WASHINGTON AVE N MINNEAPOLIS MN 55401 | DUFFY CEDAR PROPERTY OWNER | APARTMENT | $26,063,000 | 133 ft |
| 501 2ND ST N MINNEAPOLIS MN 55401 | CSM TPS MPLS LLC | COMMERCIAL-PREFERRED | $8,771,000 | 190 ft |
| 424 WASHINGTON AVE N MINNEAPOLIS MN 55401 | CHARITYUSA PROPERTIES LLC | COMMERCIAL-PREFERRED | $7,175,400 | 235 ft |
| 507 WASHINGTON AVE N MINNEAPOLIS MN 55401 | LEE & G'S HOLDINGS LLP | COMMERCIAL-PREFERRED | $724,900 | 260 ft |
| 515 WASHINGTON AVE N MINNEAPOLIS MN 55401 | MAYTAG BUILDING LLC | COMMERCIAL-PREFERRED | $6,555,000 | 264 ft |
| 501 WASHINGTON AVE N MINNEAPOLIS MN 55401 | 501 WASHINGTON AVENUE N LLC | LAND-COMMERCIAL | $704,000 | 274 ft |
| 525 WASHINGTON AVE N MINNEAPOLIS MN 55401 | SUNRISE BANK N A | COMMERCIAL-PREFERRED | $3,478,900 | 302 ft |
| 505 WASHINGTON AVE N MINNEAPOLIS MN 55401 | LEE & G'S HOLDINGS LLP | LAND-COMMERCIAL | $12,000 | 338 ft |
| 600 WASHINGTON AVE N MINNEAPOLIS MN 55401 | EXPRESS PROPERTIES LLC | APARTMENT | $3,990,000 | 346 ft |
Most Recent Sale
Current Tax Year