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.
17 permits on record since 2015 · $166K total declared value · Most recent: May 2025 (elevating device)
ALL CITY ELEVATOR INC
ZACK GORG COLLINS ELECTRICAL CONSTRUCTION CO
HORWITZ LLC
ROB MCKENZIE ROOF TECH
OTIS ELEVATOR COMPANY
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 |
|---|---|---|---|---|
| 275 4TH ST E | WCHPCB LLC | OFFICE BUILDING 3+ STORIES | $1,883,400 | 141 ft |
| 242 5TH ST E | REE PARKSIDE LLC | APARTMENTS 50-99 RENTAL UNITS | $6,994,500 | 165 ft |
| 352 WACOUTA ST | 352 WACOUTA LLC | APARTMENTS 50-99 RENTAL UNITS | $4,239,800 | 184 ft |
| 253 4TH ST E | 253 4TH STREET ACQUISITION LLC | APARTMENTS 20-49 RENTAL UNITS | $6,530,200 | 198 ft |
| 261 5TH ST E | RAYETTE OWNER LLC | APARTMENTS 50-99 RENTAL UNITS | $16,500,000 | 206 ft |
| 290 5TH ST E | CITY OF ST PAUL MINNESOTA | EXEMPT PROP. OWNED BY MUNICIPALS | $1,728,300 | 214 ft |
| 281 5TH ST E | CRANE ORDWAY LP | APARTMENTS 50-99 RENTAL UNITS | $5,622,700 | 256 ft |
| 360 WACOUTA ST | BIGOS-COSMOPOLITAN LLC | APT OR COMPLEX 100+ UNITS | $32,468,600 | 298 ft |
| 289 5TH ST E 302 | DEREK J GOENNER | CONDO | $200,800 | 328 ft |
| 289 5TH ST E 4 | TK MARKET HOUSE LLC | RETAIL CONDOMINIUM | $396,700 | 328 ft |
Most Recent Sale