On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2003 · $554K total declared value · Most recent: Dec 2010 (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 1044
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
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 |
|---|---|---|---|---|
| 705 HENNEPIN AVE MINNEAPOLIS MN 55403 | METRO HOLDINGS LP | COMMERCIAL-PREFERRED | $1,150,000 | 75 ft |
| 715 HENNEPIN AVE MINNEAPOLIS MN 55403 | BACK TO NATURE PROPERTIES | COMMERCIAL-PREFERRED | $1,411,200 | 88 ft |
| 701 HENNEPIN AVE MINNEAPOLIS MN 55403 | METRO HOLDINGS LP | COMMERCIAL-PREFERRED | $1,150,000 | 125 ft |
| 727 HENNEPIN AVE MINNEAPOLIS MN 55403 | 727 LLC | COMMERCIAL-PREFERRED | $855,000 | 138 ft |
| 17 7TH ST S MINNEAPOLIS MN 55402 | 601 W COMPANIES MN LLC | COMMERCIAL-PREFERRED | $12,770,000 | 167 ft |
| 731 HENNEPIN AVE MINNEAPOLIS MN 55403 | SCF RC FUNDING IV LLC | COMMERCIAL-PREFERRED | $4,238,100 | 175 ft |
| 710 HENNEPIN AVE MINNEAPOLIS MN 55403 | HENNEPIN THEATRE TRUST | COMMERCIAL-PREFERRED | $0 | 259 ft |
| 700 HENNEPIN AVE MINNEAPOLIS MN 55403 | MAGNUM PROPERTY 700 LLC | COMMERCIAL-NON PREFERRED | $2,583,100 | 259 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 259 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 259 ft |