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.
No permits found in Minneapolis open data for this parcel.
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
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 |
|---|---|---|---|---|
| 700 HENNEPIN AVE MINNEAPOLIS MN 55403 | MAGNUM PROPERTY 700 LLC | COMMERCIAL-NON PREFERRED | $2,583,100 | 0 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 0 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 701 1ST AVE N MINNEAPOLIS MN 55403 | F-TROOP LLC | COMMERCIAL-NON PREFERRED | $4,816,200 | 173 ft |
| 722 HENNEPIN AVE MINNEAPOLIS MN 55403 | DOWNSTATE INC ET AL | LAND-COMMERCIAL | $1,750,000 | 178 ft |
| 730 HENNEPIN AVE MINNEAPOLIS MN 55403 | CITY PL HOUSING LMTD PTSHP | LOW INCOME RENTAL | $5,500,000 | 223 ft |
| 705 HENNEPIN AVE MINNEAPOLIS MN 55403 | METRO HOLDINGS LP | COMMERCIAL-PREFERRED | $1,150,000 | 257 ft |
| 711 HENNEPIN AVE MINNEAPOLIS MN 55403 | BACK TO NATURE PROP INC | COMMERCIAL-PREFERRED | $1,875,000 | 259 ft |
| 701 HENNEPIN AVE MINNEAPOLIS MN 55403 | METRO HOLDINGS LP | COMMERCIAL-PREFERRED | $1,150,000 | 268 ft |
Current Tax Year