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 ↗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 ↗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.
8 permits on record since 2004 · $954K total declared value · Most recent: Jul 2025 (remodel)
John Bauer
Michels Utility Services Inc
BOB CARPENTER PLUMBING SERVICE
BOB CARPENTER PLUMBING SERVICE
USRocks 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 1262.01
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 |
|---|---|---|---|---|
| 410 3RD AVE N MINNEAPOLIS MN 55401 | 410 3RD AVE N LLC | INDUSTRIAL-PREFERRED | $1,070,000 | 71 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | NLG OP OWNER LLC | VACANT LAND-APARTMENT | $6,800 | 100 ft |
| 414 3RD AVE N MINNEAPOLIS MN 55401 | NEW 414 THIRD AVENUE N LLC | RESIDENTIAL | $2,209,000 | 112 ft |
| 418 3RD AVE N MINNEAPOLIS MN 55401 | 418 THIRD LLC | APARTMENT | $1,306,000 | 145 ft |
| 422 3RD AVE N MINNEAPOLIS MN 55401 | SECURE MINI STORAGE LTD PTSP | INDUSTRIAL-PREFERRED | $438,600 | 174 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | BIT NLG III INVESTORS LLC | VACANT LAND-APARTMENT | $4,000 | 239 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 273 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 273 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 273 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 273 ft |
Most Recent Sale
Current Tax Year