Property Overview

Parcel ID2302924240112

Lot Size9,594 sq ft (0.220 ac)

Lot Dimensions (est.)114 ft wide × 84 ft deep

Year Built1880

Property ClassCOMMERCIAL-PREFERRED

OwnerBROWN RYAN ASSOCIATES LLC

Assessed Value$1,820,000

Land Value$431,200

Building Value$1,388,800

Annual Tax$61,158

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — St. Anthony Falls

Historic district — St. Anthony FallsHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

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.

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.

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

No permits found in Minneapolis open data for this parcel.

Nicollet Island - East Bank · 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

CM3Community Mixed Use

Current Tax Year

Year2026

Tax Due$61,158

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Address	Owner	Class	Assessed Value	Distance
1 ADDRESS PENDING MINNEAPOLIS MN 00000	RP MINNEAPOLIS PROPCO LLC	COMMERCIAL-PREFERRED	$1,020,000	63 ft
42 LOURDES PL MINNEAPOLIS MN 55414	RP MINNEAPOLIS PROPCO LLC	COMMERCIAL-PREFERRED	$7,213,000	167 ft
100 HENNEPIN AVE E MINNEAPOLIS MN 55414	RP MINNEAPOLIS PROPCO LLC	COMMERCIAL-PREFERRED	$5,350,000	183 ft
96 HENNEPIN AVE E MINNEAPOLIS MN 55414	MPLS PARK & RECREATION BOARD	LAND-COMMERCIAL	$0	185 ft
3 LOURDES PL MINNEAPOLIS MN 55414	OUR LADY OF LOURDES	COMMERCIAL-PREFERRED	$0	267 ft
116 HENNEPIN AVE E MINNEAPOLIS MN 55414	10 SECOND LLC	APARTMENT	$18,960,000	284 ft
47 MAIN ST S E MINNEAPOLIS MN 55414	RP MINNEAPOLIS PROPCO LLC	COMMERCIAL-PREFERRED	$1,497,000	323 ft
110 BANK ST MINNEAPOLIS MN 55414	ANNE M HEEGAARD REVOC TRUST	CONDO GARAGE/MISCELLANEOUS	$23,100	352 ft
110 BANK ST MINNEAPOLIS MN 55414	KALOOCH LLC	CONDO GARAGE/MISCELLANEOUS	$23,100	352 ft
110 BANK ST MINNEAPOLIS MN 55414	L L DAWSON & C D EVENMO	CONDO GARAGE/MISCELLANEOUS	$23,100	352 ft