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.
7 permits on record since 2006 · $42.6M total declared value · Most recent: Apr 2026 (remodel)
TRUE BLUE CONSTRUCTION SERVICES LLC
Jayhawk Mechanical Inc
BROTHERS MFG
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 |
|---|---|---|---|---|
| 508 6TH AVE N MINNEAPOLIS MN 55411 | HOLIDAY STATIONSTORES INC | LAND-COMMERCIAL | $477,200 | 203 ft |
| 620 5TH ST N MINNEAPOLIS MN 55401 | 700 FIFTH LLC | COMMERCIAL-PREFERRED | $7,840,000 | 246 ft |
| 601 5TH ST N MINNEAPOLIS MN 55401 | HOLIDAY STATIONSTORES INC | COMMERCIAL-PREFERRED | $3,020,000 | 262 ft |
| 701 5TH ST N MINNEAPOLIS MN 55401 | 701 NORTH 5TH STREET LLC | COMMERCIAL-PREFERRED | $2,090,000 | 271 ft |
| 702 5TH ST N MINNEAPOLIS MN 55401 | 700 FIFTH LLC | LAND-COMMERCIAL | $64,000 | 337 ft |
| 600 5TH ST N MINNEAPOLIS MN 55401 | BIGOS-DISTRICT600 LLC | APARTMENT | $12,400,000 | 364 ft |
| 704 5TH ST N MINNEAPOLIS MN 55401 | 700 FIFTH LLC | LAND-COMMERCIAL | $1,192,000 | 375 ft |
| 414 6TH AVE N MINNEAPOLIS MN 55401 | 414 SIXTH AVE N LLC | COMMERCIAL-PREFERRED | $1,280,000 | 431 ft |
| 706 5TH ST N MINNEAPOLIS MN 55401 | 700 FIFTH LLC | LAND-COMMERCIAL | $1,192,000 | 455 ft |
| 719 5TH ST N MINNEAPOLIS MN 55401 | METROPOLITAN TRANSIT AREA | LAND - INDUSTRIAL | $0 | 471 ft |
Most Recent Sale
Current Tax Year