700 7TH ST N MINNEAPOLIS MN 55411

PID: 2202924230141

Property Overview

Parcel ID2202924230141

Lot Size9,186 sq ft (0.211 ac)

Lot Dimensions (est.)100 ft wide × 91 ft deep

Year Built1900

Property ClassCOMMERCIAL-PREFERRED

OwnerSULLIVAN FAMILY HOLDINGS 700

Assessed Value$200,900

Land Value$180,900

Building Value$20,000

Annual Tax$7,201

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

North Loop · Minneapolis

Median reported rent1,984/mo

Renter-occupied82.2%

Median home value$436K

Vacancy rate7.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1262.01

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

PR1Production Mixed Use

Property History

Most Recent Sale

Date202208

Price$590,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,201

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.

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
720 7TH ST N MINNEAPOLIS MN 55411	NAEGELE OUTDOOR ADV CO	LAND-COMMERCIAL	$30,700	82 ft
600 8TH AVE N MINNEAPOLIS MN 55411	METROPOLITAN COUNCIL	LAND-COMMERCIAL	$0	185 ft
608 8TH AVE N MINNEAPOLIS MN 55411	METROPOLITAN COUNCIL	LAND-COMMERCIAL	$0	194 ft
701 7TH ST N MINNEAPOLIS MN 55411	LOCK UP MPLS DOWNTOWN LLC	INDUSTRIAL-PREFERRED	$5,286,100	212 ft
612 8TH AVE N MINNEAPOLIS MN 55411	METROPOLITAN COUNCIL	LAND-COMMERCIAL	$0	215 ft
623 8TH AVE N MINNEAPOLIS MN 55411	METROPOLITAN COUNCIL	COMMERCIAL-PREFERRED	$0	220 ft
800 7TH ST N MINNEAPOLIS MN 55411	METROPOLITAN COUNCIL	LAND-COMMERCIAL	$0	255 ft
618 7TH AVE N MINNEAPOLIS MN 55411	LOCK UP MPLS DOWNTOWN LLC	LAND - INDUSTRIAL	$213,900	276 ft
550 10TH AVE N MINNEAPOLIS MN 55411	METROPOLITAN COUNCIL	LAND-COMMERCIAL	$0	292 ft
622 7TH AVE N MINNEAPOLIS MN 55411	CSREH CHARTER 620 OLSON LLC	LAND - INDUSTRIAL	$219,800	314 ft