Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
15 permits on record since 2012 · $32.9M total declared value · Most recent: Jul 2019 (remodel)
HUOT CONSTRUCTION AND SERVICES INC
Steinkraus Plumbing Inc
HUOT CONSTRUCTION AND SERVICES INC
AMCON CONSTRUCTION
James Grygar Just Us Construction And Restoration Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lowry Hill East · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 77
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Most Recent Sale
Current Tax Year
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 |
|---|---|---|---|---|
| 1340 LAKE ST W MINNEAPOLIS MN 55408 | FRG WALKWAY LLC | COMMERCIAL-PREFERRED | $1,200,000 | 0 ft |
| 2915 GIRARD AVE S MINNEAPOLIS MN 55408 | FRG WALKWAY RETAIL LLC | COMMERCIAL-PREFERRED | $2,907,000 | 0 ft |
| 2919 GIRARD AVE S MINNEAPOLIS MN 55408 | FRG WALKWAY LLC | VACANT LAND-APARTMENT | $27,500 | 0 ft |
| 2923 GIRARD AVE S MINNEAPOLIS MN 55408 | FRG WALKWAY LLC | APARTMENT | $19,085,000 | 0 ft |
| 1317 LAGOON AVE MINNEAPOLIS MN 55408 | FRG WALKWAY LLC | VACANT LAND-APARTMENT | $3,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | WDC INVESTMENTS LLC | APARTMENT | $27,918,000 | 101 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | WDC INVESTMENTS LLC | COMMERCIAL-PREFERRED | $6,310,000 | 158 ft |
| 1402 LAKE ST W MINNEAPOLIS MN 55408 | SH UPTOWN LLC | COMMERCIAL-PREFERRED | $3,000,000 | 174 ft |
| 1404 LAKE ST W MINNEAPOLIS MN 55408 | SALDI LLC | COMMERCIAL-NON PREFERRED | $2,125,000 | 225 ft |