ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2000 · $400K total declared value · Most recent: Feb 2000 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02
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 |
|---|---|---|---|---|
| 321 2ND AVE N MINNEAPOLIS MN 55401 | MARQUEE PROPERTIES LLC | COMMERCIAL-PREFERRED | $393,000 | 66 ft |
| 330 1ST AVE N MINNEAPOLIS MN 55401 | 401 VENTURES LLC | LAND-COMMERCIAL | $900,000 | 117 ft |
| 322 1ST AVE N MINNEAPOLIS MN 55401 | DP PROPERTY ACQUISTION LLC | COMMERCIAL-NON PREFERRED | $2,811,600 | 170 ft |
| 123 3RD ST N MINNEAPOLIS MN 55401 | WHETSTONE COLWELL LLC | COMMERCIAL-NON PREFERRED | $6,240,000 | 182 ft |
| 314 1ST AVE N MINNEAPOLIS MN 55401 | 314 FIRST AVENUE NORTH LLC | COMMERCIAL-PREFERRED | $2,820,000 | 202 ft |
| 300 1ST AVE N MINNEAPOLIS MN 55401 | 300 N 1ST AVE LLC | COMMERCIAL-PREFERRED | $4,700,000 | 228 ft |
| 119 4TH ST N MINNEAPOLIS MN 55401 | TEXTILE PARTNERS LLC | COMMERCIAL-NON PREFERRED | $2,592,900 | 247 ft |
| 400 1ST AVE N MINNEAPOLIS MN 55401 | 400 WYMAN LLC | COMMERCIAL-PREFERRED | $8,339,900 | 278 ft |
| 323 1ST AVE N MINNEAPOLIS MN 55401 | 323 FIRST AVENUE LLC | COMMERCIAL-PREFERRED | $1,211,400 | 366 ft |
| 321 1ST AVE N MINNEAPOLIS MN 55401 | IND EQUITIES--MERIDIAN LLC | COMMERCIAL-PREFERRED | $594,000 | 367 ft |
Most Recent Sale
Current Tax Year