ParcelLens
Property Intelligence · Twin Cities
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On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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
Downtown Center 2 — downtown frame 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 |
|---|---|---|---|---|
| 706 1ST AVE N MINNEAPOLIS MN 55403 | OHP PRESERVATION L P | LOW INCOME RENTAL | $2,077,000 | 0 ft |
| 706 1ST AVE N MINNEAPOLIS MN 55403 | LAMOREAUX LIMITED PTNSP | LOW INCOME RENTAL | $2,709,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 15 GLENWOOD AVE MINNEAPOLIS MN 55403 | RCI HOLDINGS INC | COMMERCIAL-PREFERRED | $1,773,000 | 91 ft |
| 730 1ST AVE N MINNEAPOLIS MN 55403 | TRIANGLE ASSOCIATES INC | COMMERCIAL-PREFERRED | $7,890,900 | 129 ft |
| 22 GLENWOOD AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 185 ft |
| 701 1ST AVE N MINNEAPOLIS MN 55403 | F-TROOP LLC | COMMERCIAL-NON PREFERRED | $4,816,200 | 194 ft |
| 722 HENNEPIN AVE MINNEAPOLIS MN 55403 | DOWNSTATE INC ET AL | LAND-COMMERCIAL | $1,750,000 | 308 ft |
| 600 1ST AVE N MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 348 ft |
| 109 6TH ST N MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 348 ft |
Current Tax Year