Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the Cedar-Riverside Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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.
5 permits on record since 2020 · $332K total declared value · Most recent: Jan 2026 (commercial minor)
NORTHLAND MECHANICAL CONTRACTORS, INC
NORTHLAND MECHANICAL CONTRACTORS, INC
Cedar Riverside Limited Partnership
Cedar Riverside Limited Partnership
RESTORATION SYSTEMS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Cedar Riverside · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1048.01
Zip code 55454
Source: Redfin Data Center (Invalid Date) · Zip 55454
Most Recent Sale
Current Tax Year
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 |
|---|---|---|---|---|
| 504 CEDAR AVE S MINNEAPOLIS MN 55454 | ISLAMIC CIVIC SOCIETY AMERIC | COMMERCIAL-PREFERRED | $0 | 180 ft |
| 500 CEDAR AVE S MINNEAPOLIS MN 55454 | ZANZIBAR FINANCING INC | COMMERCIAL-PREFERRED | $455,000 | 214 ft |
| 510 CEDAR AVE S MINNEAPOLIS MN 55454 | BANANA PAY LLC | COMMERCIAL-PREFERRED | $1,062,000 | 229 ft |
| 1615 4TH ST S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | APARTMENT | $30,342,000 | 241 ft |
| 518 CEDAR AVE S MINNEAPOLIS MN 55454 | CURRIE PARK DEVELOPMENTS LLC | LAND-COMMERCIAL | $14,100 | 300 ft |
| 420 CEDAR AVE S MINNEAPOLIS MN 55454 | CURRIE PARK DEVELOPMENTS LLC | VACANT LAND-APARTMENT | $102,900 | 322 ft |
| 416 CEDAR AVE S MINNEAPOLIS MN 55454 | MINNESOTA S T A R INC | COMMERCIAL-PREFERRED | $0 | 342 ft |
| 509 CEDAR AVE S MINNEAPOLIS MN 55454 | SHANTI PROKHAR AALOK LLC | LAND-COMMERCIAL | $75,200 | 348 ft |
| 1530 6TH ST S MINNEAPOLIS MN 55454 | CEDAR RIVERSIDE LTD PTNRSHP | APARTMENT | $18,286,000 | 350 ft |
| 507 CEDAR AVE S MINNEAPOLIS MN 55454 | SHANTI PROKHAR AALOK LLC | LAND-COMMERCIAL | $41,400 | 354 ft |