Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
39 permits on record since 2017 · $6.1M total declared value · Most recent: May 2025 (commercial minor)
Modern Heating & Air Conditioning LLC
Airtech Thermex LLC
ACI Plumbing Inc
DERING PIERSON GROUP
SEVER CONSTRUCTION
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 1 — urban core 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 |
|---|---|---|---|---|
| 314 2ND ST N MINNEAPOLIS MN 55401 | RPM 2 LLC | APARTMENT | $20,830,000 | 86 ft |
| 127 3RD AVE N MINNEAPOLIS MN 55401 | 127 BUILDING PARTNERSHIP | COMMERCIAL-PREFERRED | $3,003,000 | 138 ft |
| 318 2ND ST N MINNEAPOLIS MN 55401 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 142 ft |
| 117 3RD AVE N MINNEAPOLIS MN 55401 | JOH NORTH LOOP LLC | LAND-COMMERCIAL | $131,500 | 147 ft |
| 100 3RD AVE N MINNEAPOLIS MN 55401 | TMBR JV LLC | VACANT LAND-APARTMENT | $1,741,200 | 165 ft |
| 117 3RD AVE N MINNEAPOLIS MN 55401 | PHC LLC | LAND-COMMERCIAL | $83,000 | 179 ft |
| 224 2ND ST N MINNEAPOLIS MN 55401 | 127 BUILDING PARTNERSHIP LLP | COMMERCIAL-PREFERRED | $2,613,500 | 182 ft |
| 322 2ND ST N MINNEAPOLIS MN 55401 | BURLINGTON NORTHERN RR CO | RAILROAD | $0 | 183 ft |
| 107 3RD AVE N MINNEAPOLIS MN 55401 | AP 107 3RD AVE N LLC | COMMERCIAL-PREFERRED | $2,230,000 | 194 ft |
| 218 2ND ST N MINNEAPOLIS MN 55401 | 221 N 1ST ST LLC | LAND-COMMERCIAL | $107,300 | 208 ft |
Most Recent Sale
Current Tax Year