Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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.
3 permits on record since 2008 · $83K total declared value · Most recent: Mar 2025 (res)
Warners Stellian Co Inc
Dean's Professional Plumbing Inc
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 55401
Source: Redfin Data Center (Invalid Date) · Zip 55401
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 167 NICOLLET ST MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | APARTMENT | $0 | 80 ft |
| MN | Unknown | — | — | 80 ft |
| MN | Unknown | — | — | 80 ft |
| MN | Unknown | — | — | 80 ft |
| MN | Unknown | — | — | 80 ft |
| MN | Unknown | — | — | 80 ft |
| 163 NICOLLET ST MINNEAPOLIS MN 55401 | MINNEAPOLIS PARK & REC BOARD | RESIDENTIAL | $0 | 81 ft |
| 163 ISLAND AVE E MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | RESIDENTIAL | $0 | 89 ft |
| 167 ISLAND AVE E MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | TRIPLEX | $0 | 111 ft |
| 171 NICOLLET ST MINNEAPOLIS MN 55401 | MPLS PARK & RECREATION BOARD | VACANT LAND-RESIDENTIAL | $0 | 144 ft |
Current Tax Year