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.
1 permit on record since 2002 · $320K total declared value · Most recent: Dec 2002 (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 55415
Source: Redfin Data Center (Invalid Date) · Zip 55415
Downtown Center 2 — downtown frame 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 |
|---|---|---|---|---|
| 515 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | COMMERCIAL-NON PREFERRED | $710,000 | 22 ft |
| 517 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | LAND-COMMERCIAL | $198,000 | 44 ft |
| 519 WASHINGTON AVE S MINNEAPOLIS MN 55415 | SHAMP & ASSOCIATES LLC | LAND-COMMERCIAL | $198,000 | 66 ft |
| 501 WASHINGTON AVE S MINNEAPOLIS MN 55415 | 501 WASHINGTON MINN LP | COMMERCIAL-NON PREFERRED | $3,495,000 | 79 ft |
| 265 PORTLAND AVE MINNEAPOLIS MN 55415 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 166 ft |
| 260 PORTLAND AVE MINNEAPOLIS MN 55415 | PORTLAND AT THIRD LP | LOW INCOME RENTAL | $8,410,000 | 166 ft |
| 268 PORTLAND AVE MINNEAPOLIS MN 55415 | PORTLAND AT THIRD LP | LOW INCOME RENTAL | $5,910,000 | 166 ft |
| 250 PORTLAND AVE MINNEAPOLIS MN 55415 | 02 MINNEAPOLIS LLC | APARTMENT | $53,940,100 | 166 ft |
| 254 PORTLAND AVE MINNEAPOLIS MN 55415 | 02 MINNEAPOLIS LLC | APARTMENT | $1,760,000 | 166 ft |
| MN | Unknown | — | — | 166 ft |
Most Recent Sale
Current Tax Year