Located in the Payne Avenue 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 Payne Avenue 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.
18 permits on record since 2016 · $805K total declared value · Most recent: May 2022 (building permit)
RESTORATION PROFESSIONALS
JEFF KNUTSON TWIN CITIES SIGN INSTALLATIONS LLC
Tradewinds Electric LLC
Keeenan FORDER QUALITY REFRIGERATION
RESTORATION PROFESSIONALS
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 330
Traditional Neighborhood 2 — moderate mixed-use corridor
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 |
|---|---|---|---|---|
| 527 TEDESCO ST | TRANG LE | TWO FAMILY DWELLING - UP/DWN | $238,600 | 43 ft |
| 525 TEDESCO ST | RAYMOND F DOTTERWEICH WENDY L DOTTERWEICH | SINGLE FAMILY DWELLING, PLATTED LOT | $176,200 | 64 ft |
| 641 BEDFORD ST | SALVADOR DURAN MONDRAGON MARGARITA GARCIA ZARRAGA | SINGLE FAMILY DWELLING, PLATTED LOT | $199,600 | 82 ft |
| 523 TEDESCO ST | JOEL ANDERSON | SINGLE FAMILY DWELLING, PLATTED LOT | $176,200 | 90 ft |
| 521 TEDESCO ST | TYRONE BOYD | SINGLE FAMILY DWELLING, PLATTED LOT | $176,200 | 115 ft |
| 647 BEDFORD ST | FREDERICK P. YARUSSO TR | SINGLE FAMILY DWELLING, PLATTED LOT | $208,300 | 122 ft |
| 520 FRED ST | GLENDA CRYER FACHON KIRK | SINGLE FAMILY DWELLING, PLATTED LOT | $200,700 | 131 ft |
| 653 BEDFORD ST | JORGE GARCIA DIRIA Y PAIZ ACEVEDO | RESIDENTIAL, OTHER | $23,200 | 172 ft |
| 519 FRED ST | SCOTT HOTCH | SINGLE FAMILY DWELLING, PLATTED LOT | $177,300 | 193 ft |
| 635 PAYNE AVE | YARUSSO BROS HOLDINGS LLC | RESTAURANT AND/OR BAR | $561,400 | 212 ft |