Located in the Rice Street Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗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 ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗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 ↗The Rice Street corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗Signals are based on public datasets; program eligibility requires verification.
10 permits on record since 2020 · $89K total declared value · Most recent: May 2022 (warm air, ventilation & general sheet)
STEVEN PENNEY SPI MECHANICAL LLC
STEVEN PENNEY SPI MECHANICAL LLC
STEVEN PENNEY SPI MECHANICAL LLC
STEVEN PENNEY SPI MECHANICAL LLC
STEVEN PENNEY SPI MECHANICAL LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Frogtown Neighborhood Association · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 428
Most Recent Sale
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 |
|---|---|---|---|---|
| 550 RICE ST | FOCUS NORTH AMERICA | OFFICE BUILDING 1-2 STORIES | $537,600 | 55 ft |
| 125 CHARLES AVE | MN COUNTIES RESEARCH FOUND | EXEMPT, OFFICE BUILDING | $1,069,100 | 105 ft |
| 580 RICE ST | HEALTHEAST | MEDICAL CLINIC | $3,298,500 | 126 ft |
| 546 RICE ST | TIGER INVESTMENTS LLC | OFFICE BUILDING 1-2 STORIES | $631,400 | 176 ft |
| 0 RICE ST | GILBERT G SANCHEZ GRACE L SANCHEZ | COMMERCIAL VACANT LAND | $43,300 | 213 ft |
| 118 COMO AVE | DIANE M NETZLOFF TR | TWO RESIDENCES ON ONE PARCEL | $256,700 | 218 ft |
| 542 RICE ST | TYRONE D JONES | RESTAURANT AND/OR BAR | $205,000 | 241 ft |
| 0 CHARLES AVE | FOCUS NORTH AMERICA | EXEMPT, VACANT LAND | $73,200 | 245 ft |
| 110 COMO AVE | DIANE M NETZLOFF TR | RESIDENTIAL, OTHER | $28,700 | 278 ft |
| 534 RICE ST | GRACE L SANCHEZ | MIXED RESID/COMMERCIAL | $403,800 | 279 ft |