On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2017 · Most recent: Feb 2017 (comnofdbv)
NORTHLAND MECHANICAL CONTRACTORS, INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 38.01
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Residential Mixed-Use 1 — low-density mixed residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 9,162 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 217 8TH AVE S E MINNEAPOLIS MN 55414 | HALLETT PROPERTIES LLC | APARTMENT | $3,116,000 | 83 ft |
| 708 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LTD LLP | APARTMENT | $2,277,000 | 83 ft |
| 700 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LLP | LOW INCOME RENTAL | $2,769,000 | 166 ft |
| 721 2ND ST S E MINNEAPOLIS MN 55414 | METAL-MATIC INC | LAND - INDUSTRIAL | $571,700 | 171 ft |
| 212 7TH AVE S E MINNEAPOLIS MN 55414 | METAL MATIC INC | COMMERCIAL-PREFERRED | $895,000 | 197 ft |
| 727 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LLP | LOW INCOME RENTAL | $1,813,000 | 241 ft |
| 800 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | NUTRIA LLC | APARTMENT | $2,078,000 | 242 ft |
| 715 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | IRVING PROPERTIES INC | APARTMENT | $1,004,000 | 249 ft |
| 717 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SELA INVESTMENTS LLP | APARTMENT | $2,153,000 | 261 ft |
| 701 2ND ST S E MINNEAPOLIS MN 55414 | METAL-MATIC INC | LAND - INDUSTRIAL | $83,200 | 267 ft |
Most Recent Sale
Current Tax Year