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.
36 permits on record since 2012 · $1.6M total declared value · Most recent: Apr 2025 (remodel)
Asana Partners
Absolute Mechanical LLC
Steinkraus Plumbing Inc
SEVER CONSTRUCTION
TWIN CITY HEATING AND AIR
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Nicollet Island - East Bank · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1036
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | AP NORTHEAST PORTFOLIO 1 LLC | COMMERCIAL-PREFERRED | $2,630,000 | 165 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | E D OLSON & P E OLSON | CONDOMINIUM | $311,600 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | S W KENT & S T KENT | CONDOMINIUM | $356,200 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | A D IHRKE & J TANCK | CONDOMINIUM | $257,600 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KAARIN STEEN NELSON | CONDOMINIUM | $470,600 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | JEROME MINER & ANTHONY MINER | CONDOMINIUM | $400,700 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SCOTT M PARKIN | CONDOMINIUM | $380,500 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | M W CORBIN & P R CORBIN | CONDOMINIUM | $382,700 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | JANET L KORPI REVOC LIV TR | CONDOMINIUM | $380,500 | 218 ft |
| 45 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KHOSROW REZAI/FAEGHE REZAI | CONDOMINIUM | $473,800 | 218 ft |