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.
54 permits on record since 2001 · $3.7M total declared value · Most recent: Mar 2026 (commfdnr)
Modern Heating & Air Conditioning LLC
CRAWFORD MERZ LLC
Modern Heating & Air Conditioning LLC
Modern Heating & Air Conditioning LLC
CRAWFORD MERZ LLC
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 1261.01
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 |
|---|---|---|---|---|
| 517 1ST ST S MINNEAPOLIS MN 55401 | BHP COMPANY LLC | COMMERCIAL-PREFERRED | $1,890,000 | 111 ft |
| 1 ADDRESS UNASSIGNED MINNEAPOLIS MN 00000 | BURLINGTON NORTHERN INC | RAILROAD | $0 | 183 ft |
| 1 5TH AVE S MINNEAPOLIS MN 55401 | CITY OF MPLS PARK BOARD | LAND-COMMERCIAL | $0 | 183 ft |
| MN | Unknown | — | — | 183 ft |
| 512 2ND ST S MINNEAPOLIS MN 55401 | MINNWEST BANK | APARTMENT | $6,770,000 | 193 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | DYANNE R DRAKE TRUST ET AL | CONDOMINIUM | $393,000 | 251 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | DYANNE R DRAKE REV TR ETAL | CONDOMINIUM | $359,000 | 251 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | TIMOTHY M & K K WITCZAK TRST | CONDOMINIUM | $438,000 | 251 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | THE MARY K HOPKINS TRUST | CONDOMINIUM | $404,000 | 251 ft |
| 150 PORTLAND AVE MINNEAPOLIS MN 55401 | THE WILLIAM P HOPKINS TRUST | CONDOMINIUM | $451,000 | 251 ft |
Current Tax Year