Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within the Downtown Saint Paul Cultural District — defined by I-94 north, Lafayette Bridge east, the Mississippi River south, and Chestnut Rd west. Cultural STAR funds prioritize nonprofits and arts/culture projects in this boundary.
Saint Paul — Cultural District ↗Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗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 ↗Cultural STAR grants fund arts, heritage, and cultural projects within the Downtown Cultural District. At least 80% of Cultural STAR goes to nonprofits located in the district; for-profit applicants may also be considered.
Saint Paul — STAR Program ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.
Metro Council — Environmental Response Fund ↗Signals are based on public datasets; program eligibility requires verification.
13 permits on record since 2015 · $2.5M total declared value · Most recent: Aug 2022 (fire engineering)
Michelle Cottingham LVC Companies
Michelle Cottingham LVC Companies
MODERN ELECTRICAL SOLUTIONS INC
STEVEN BROWN UNITED STATES MECHANICAL INC
STEVEN BROWN UNITED STATES MECHANICAL INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
CapitolRiver Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 342.01
Central Business-Service — downtown support and mixed-use
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 |
|---|---|---|---|---|
| 242 5TH ST E | REE PARKSIDE LLC | APARTMENTS 50-99 RENTAL UNITS | $6,994,500 | 77 ft |
| 253 4TH ST E | 253 4TH STREET ACQUISITION LLC | APARTMENTS 20-49 RENTAL UNITS | $6,530,200 | 98 ft |
| 260 5TH ST E | LOFTS AT FARMERS MARKET | APARTMENTS 50-99 RENTAL UNITS | $10,141,300 | 184 ft |
| 220 5TH ST E | BIGOS-LOWERTOWN LOFTS LLC | APT OR COMPLEX 100+ UNITS | $12,439,900 | 201 ft |
| 275 4TH ST E | WCHPCB LLC | OFFICE BUILDING 3+ STORIES | $1,883,400 | 208 ft |
| 244 E 4TH ST | OAKS UNION DEPOT LLC | APARTMENTS 50-99 RENTAL UNITS | $12,449,400 | 288 ft |
| 0 4TH ST E | LOWERTOWN LOFTS COOPERATIVE | APARTMENT VACANT LAND | $296,600 | 292 ft |
| 261 5TH ST E | RAYETTE OWNER LLC | APARTMENTS 50-99 RENTAL UNITS | $16,500,000 | 305 ft |
| 262 4TH ST E | LOFTS ON 4TH LLC | APARTMENTS 20-49 RENTAL UNITS | $1,750,400 | 306 ft |
| 213 4TH ST E | MBF 213 ST PAUL LLC | OFFICE BUILDING 3+ STORIES | $1,040,000 | 307 ft |
Most Recent Sale