ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2022 · $6K total declared value · Most recent: Jun 2022 (commfdnr)
Innovative Mechanical LLC
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 |
|---|---|---|---|---|
| 1405 NICOLLET AVE MINNEAPOLIS MN 55403 | WOODDALE CHURCH | COMMERCIAL-PREFERRED | $0 | 50 ft |
| 1411 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | COMMERCIAL-PREFERRED | $946,600 | 105 ft |
| 1402 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $765,200 | 141 ft |
| 1406 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $264,500 | 154 ft |
| 1355 NICOLLET AVE MINNEAPOLIS MN 55403 | LORING 100 PARTNERSHIP | LOW INCOME RENTAL | $6,900,000 | 170 ft |
| 1413 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | LAND-COMMERCIAL | $440,000 | 183 ft |
| 10 15TH ST E MINNEAPOLIS MN 55403 | MARVIN GARDENS LTD PTNRSHP | LOW INCOME RENTAL | $1,350,000 | 185 ft |
| 1408 1ST AVE S MINNEAPOLIS MN 55403 | SA STRADFORD FLATS LTD PTSHP | LOW INCOME RENTAL | $4,047,300 | 209 ft |
| 15 GRANT ST E MINNEAPOLIS MN 55403 | LORING TOWERS MN HOUSING L P | LOW INCOME RENTAL | $16,390,000 | 289 ft |
| 1400 NICOLLET AVE MINNEAPOLIS MN 55403 | KC MARQUEE APARTMENTS LLC | APARTMENT | $40,790,000 | 301 ft |
Most Recent Sale
Current Tax Year