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 ↗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.
13 permits on record since 2003 · $2.9M total declared value · Most recent: Nov 2020 (commercial multi-family)
Legacy Companies Inc
Commercial Plumbing and Heating Inc
NORR
PREMIER GENERAL CONTRACTING INC
Service Tech Plumbing LLC
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 |
|---|---|---|---|---|
| 1006 LAKE ST W MINNEAPOLIS MN 55408 | MPLS LEASED HSG ASCTS III LP | LOW INCOME RENTAL | $18,927,700 | 152 ft |
| 918 LAKE ST W MINNEAPOLIS MN 55408 | WST LAKE COLFAX LTD LBLTY CO | COMMERCIAL-PREFERRED | $1,125,000 | 284 ft |
| 1015 LAKE ST W MINNEAPOLIS MN 55408 | 1015 LAKE STREET WEST LLC | COMMERCIAL-PREFERRED | $1,550,000 | 289 ft |
| 1001 LAKE ST W MINNEAPOLIS MN 55408 | UPTOWN RETAIL PARTNERS LLC | COMMERCIAL-PREFERRED | $1,392,000 | 298 ft |
| 2900 COLFAX AVE S MINNEAPOLIS MN 55408 | MPLS LEASED HSG ASCTS VII LP | VACANT LAND-APARTMENT | $722,300 | 298 ft |
| 1116 LAKE ST W MINNEAPOLIS MN 55408 | 1125 LAGOON LLC | APARTMENT | $37,000,000 | 299 ft |
| 912 LAKE ST W MINNEAPOLIS MN 55408 | HIGHPOINT CTR FOR PRINTING | COMMERCIAL-PREFERRED | $0 | 343 ft |
| 1103 LAKE ST W MINNEAPOLIS MN 55408 | WEST LAKE LLC | COMMERCIAL-PREFERRED | $1,880,000 | 348 ft |
| 3008 COLFAX AVE S MINNEAPOLIS MN 55408 | M STEICHEN & M SOMMERHAUSE | RESIDENTIAL | $389,500 | 360 ft |
| 1104 LAGOON AVE MINNEAPOLIS MN 55408 | SUPERVALU INC | COMMERCIAL-PREFERRED | $4,981,000 | 365 ft |