Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the North Snelling 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 North Snelling 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 ↗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.
1 permit on record since 2015 · $2K total declared value · Most recent: Oct 2015 (billboard / sign)
MAKAYLA KOCH SIGNCRAFTERS OUTDOOR
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hamline Midway Coalition · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 321
Traditional Neighborhood 2 — moderate mixed-use corridor
Most Recent Sale
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 |
|---|---|---|---|---|
| 587 SNELLING AVE N | 595 SNELLING LLC | OTHER COMMERCIAL STRUCTURE | $61,600 | 70 ft |
| 0 SNELLING AVE N | 595 SNELLING LLC | COMMERCIAL VACANT LAND | $56,500 | 95 ft |
| 1595 EDMUND AVE | LUKE D KUDYASHOV MICHAEL EDWARD BOURNE | SINGLE FAMILY DWELLING, PLATTED LOT | $245,900 | 103 ft |
| 591 SNELLING AVE N | 595 SNELLING LLC | COMMERCIAL VACANT LAND | $56,500 | 120 ft |
| 1601 EDMUND AVE | DANIEL M ROZYCKI | SINGLE FAMILY DWELLING, PLATTED LOT | $281,100 | 143 ft |
| 593 SNELLING AVE N | 595 SNELLING LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $301,500 | 145 ft |
| 1594 THOMAS AVE | KEVIN HENNESSY MARY HENNESSY | TWO FAMILY DWELLING - UP/DWN | $449,400 | 177 ft |
| 597 SNELLING AVE N | 595 SNELLING LLC | MIXED RESID/COMMERCIAL | $903,500 | 181 ft |
| 1605 EDMUND AVE | JACOB MCGILL RACHEL MCGILL | SINGLE FAMILY DWELLING, PLATTED LOT | $431,300 | 183 ft |
| 565 SNELLING AVE N | MARVIN DEVELOPMENT III LLC | DRIVE-IN REST/FOOD SRV FACILITY | $1,665,400 | 190 ft |