Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
5 permits on record since 2022 · $21.9M total declared value · Most recent: Aug 2024 (commfdnr)
Associated Mechanical Contractors Inc
Associated Mechanical Contractors Inc
RJM CONSTRUCTION
Associated Mechanical Contractors Inc
RJM 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 1262.01
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 |
|---|---|---|---|---|
| 250 7TH AVE N MINNEAPOLIS MN 55401 | 701 WASHINGTON INVSTMENT LLC | LAND-COMMERCIAL | $691,100 | 94 ft |
| 701 WASHINGTON AVE N MINNEAPOLIS MN 55401 | 701 WASHINGTON INVSTMENT LLC | COMMERCIAL-PREFERRED | $13,198,900 | 190 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
| MN | Unknown | — | — | 234 ft |
Most Recent Sale
Current Tax Year