301 MAIN ST N E MINNEAPOLIS MN 55413

PID: 2302924210094

Property Overview

Parcel ID2302924210094

Lot Size62,905 sq ft (1.444 ac)

Lot Dimensions (est.)338 ft wide × 186 ft deep

Year Built1982

Property ClassCOMMERCIAL-PREFERRED

OwnerUKRAINIAN AMERICAN COMM CTR

Assessed Value$419,900

Land Value$419,800

Building Value$100

Annual Tax$12,662

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

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 ↗

Potential programs

Met Council Livable Communities GrantMedium

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,674/mo

Renter-occupied50.5%

Median home value$467K

Vacancy rate12.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1036

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

RM3Residence and Institutional

Residential Mixed-Use 3 — higher-density mixed residential

Typical Uses

·High-density apartments
·Mixed-use buildings
·Ground-floor retail

Max Height95 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)15 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width318 ft

Buildable depth146 ft

Area~45,517 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 45,517 sqft buildable area.

Est. units

455

Yield on cost

2.8%

Spread

-2.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
312 2ND ST N E MINNEAPOLIS MN 55413	BARBARA CEGIELSKI	RESIDENTIAL	$487,100	158 ft
322 2ND ST N E MINNEAPOLIS MN 55413	LOT PROPERTIES LLC	APARTMENT	$1,298,000	167 ft
306 2ND ST N E MINNEAPOLIS MN 55413	K P SPOTTS & M J SPOTTS	RESIDENTIAL-TWO UNIT	$515,700	194 ft
324 2ND ST N E MINNEAPOLIS MN 55413	BRIAN KELLEY/JESSICA KELLEY	RESIDENTIAL	$565,300	197 ft
304 2ND ST N E MINNEAPOLIS MN 55413	PAUL OLSEN & MARI J B OLSEN	RESIDENTIAL	$616,500	223 ft
328 2ND ST N E MINNEAPOLIS MN 55413	B L KELLEY & J M KELLEY	RESIDENTIAL	$329,700	239 ft
333 MAIN ST N E MINNEAPOLIS MN 55413	UKRAINIAN AMERICAN COMM CTR	LAND-COMMERCIAL	$0	250 ft
118 4TH AVE N E MINNEAPOLIS MN 55413	UKRAINIAN AMERICAN COMM CTR	LAND-COMMERCIAL	$0	273 ft
336 2ND ST N E MINNEAPOLIS MN 55413	338 NE 2ND ST OWN 2 LLC ETAL	APARTMENT	$9,370,000	306 ft
100 3RD AVE N E MINNEAPOLIS MN 55413	L M SCHNEIDER REV TR ET AL	CONDOMINIUM	$458,900	311 ft

Property History

Current Tax Year

Year2026

Tax Due$12,662