ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
19 permits on record since 2004 · $18.4M total declared value · Most recent: May 2026 (commercial minor)
Bedrock Plumbing LLC
Erickson Plumbing Heating Cooling Inc
BROTHERS MFG
BROTHERS MFG
BROTHERS MFG
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 |
|---|---|---|---|---|
| 1355 NICOLLET AVE MINNEAPOLIS MN 55403 | LORING 100 PARTNERSHIP | LOW INCOME RENTAL | $6,900,000 | 125 ft |
| 14 GRANT ST E MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $7,130,000 | 206 ft |
| 1333 NICOLLET MALL MINNEAPOLIS MN 55403 | BURGERTAINMENT LLC | COMMERCIAL-PREFERRED | $2,350,000 | 221 ft |
| 101 GRANT ST E MINNEAPOLIS MN 55403 | SUBSTANCE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 273 ft |
| 1325 1ST AVE S MINNEAPOLIS MN 55403 | SUBSTANCE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 278 ft |
| 1401 NICOLLET AVE MINNEAPOLIS MN 55403 | TRAN HOLDINGS LLC | COMMERCIAL-PREFERRED | $788,500 | 289 ft |
| 1402 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $765,200 | 304 ft |
| 1313 NICOLLET MALL MINNEAPOLIS MN 55403 | CAPP HOTEL MINNEAPOLIS LLC | COMMERCIAL-PREFERRED | $16,660,000 | 314 ft |
| 1314 MARQUETTE AVE MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $23,870,000 | 320 ft |
| 1405 NICOLLET AVE MINNEAPOLIS MN 55403 | WOODDALE CHURCH | COMMERCIAL-PREFERRED | $0 | 338 ft |
Most Recent Sale
Current Tax Year