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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
47 permits on record since 2001 · $38.2M total declared value · Most recent: Sep 2025 (commfdnr)
Schadegg Mechanical
Schadegg Mechanical
Schadegg Mechanical
Ancoats
E5 Energy LLC
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 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 |
|---|---|---|---|---|
| 14 5TH ST S MINNEAPOLIS MN 55402 | UGP- NICOLLET LLC | COMMERCIAL-PREFERRED | $7,915,000 | 137 ft |
| 401 NICOLLET MALL MINNEAPOLIS MN 55401 | 401 NICOLLET LP | COMMERCIAL-PREFERRED | $21,885,600 | 267 ft |
| 401 HENNEPIN AVE MINNEAPOLIS MN 55401 | DIAMONDROCK MN OWNER LLC | COMMERCIAL-PREFERRED | $23,030,000 | 275 ft |
| 417 HENNEPIN AVE MINNEAPOLIS MN 55401 | LUMBER EXCHANGE LLC | COMMERCIAL-PREFERRED | $11,300,000 | 302 ft |
| 47 4TH ST S MINNEAPOLIS MN 55401 | 401 NICOLLET LP | COMMERCIAL-PREFERRED | $2,984,400 | 311 ft |
| 500 NICOLLET MALL MINNEAPOLIS MN 55402 | 500 NICOLLET MALL LLC | COMMERCIAL-PREFERRED | $9,730,000 | 324 ft |
| 415 NICOLLET MALL MINNEAPOLIS MN 55401 | MN NIC ON 5TH LLC | APARTMENT | $60,240,000 | 326 ft |
| 33 5TH ST S MINNEAPOLIS MN 55402 | 25-33 BUILDING LLC | COMMERCIAL-PREFERRED | $800,000 | 339 ft |
| 15 5TH ST S MINNEAPOLIS MN 55402 | 15 PARTNERS LLC | COMMERCIAL-PREFERRED | $7,500,000 | 381 ft |
| 300 NICOLLET MALL MINNEAPOLIS MN 55401 | COUNTY OF HENNEPIN | COMMERCIAL-PREFERRED | $0 | 413 ft |
Current Tax Year