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.
4 permits on record since 2002 · $1.3M total declared value · Most recent: Feb 2009 (building re-inspection)
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 1 — urban core 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 |
|---|---|---|---|---|
| 331 2ND AVE S MINNEAPOLIS MN 55401 | 331 2ND AVE S NOV COWKG LLC | COMMERCIAL-PREFERRED | $4,891,600 | 80 ft |
| 309 2ND AVE S MINNEAPOLIS MN 55401 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 142 ft |
| 215 3RD ST S MINNEAPOLIS MN 55401 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 165 ft |
| 217 3RD ST S MINNEAPOLIS MN 55401 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 189 ft |
| 250 4TH ST S MINNEAPOLIS MN 55415 | CITY OF MPLS | COMMERCIAL-PREFERRED | $0 | 193 ft |
| 330 2ND AVE S MINNEAPOLIS MN 55401 | 330 S SECOND LLC | COMMERCIAL-NON PREFERRED | $8,170,000 | 251 ft |
| 401 2ND AVE S MINNEAPOLIS MN 55401 | KHP IV MINNEAPOLIS LLC | COMMERCIAL-NON PREFERRED | $29,400,000 | 270 ft |
| 219 4TH ST S MINNEAPOLIS MN 55401 | COUNTY OF HENNEPIN | COMMERCIAL-PREFERRED | $0 | 296 ft |
| 416 3RD AVE S MINNEAPOLIS MN 55415 | NW BELL TELEPHONE CO | COMMERCIAL-PREFERRED | $2,351,000 | 329 ft |
| 400 2ND AVE S MINNEAPOLIS MN 55401 | FINER HOUSING LLC | APARTMENT | $3,220,000 | 353 ft |
Most Recent Sale
Current Tax Year