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 2020 · $2K total declared value · Most recent: Oct 2020 (plumbing)
JAMES POSER MID CITY MECHANICAL CORP
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 4 — high-intensity mixed-use
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 |
|---|---|---|---|---|
| 1601 UNIVERSITY AVE W | 1601 UNIVERSITY LLC | RESTAURANT AND/OR BAR | $559,900 | 121 ft |
| 0 SNELLING AVE N | SCP 2005 C21 045 LLC | COMMERCIAL VACANT LAND | $398,700 | 123 ft |
| 0 SHERBURNE AVE | SCP 2005 C21 045 LLC | COMMERCIAL VACANT LAND | $119,000 | 146 ft |
| 1605 UNIVERSITY AVE W | JAY Y CHERNER | OFFICE BUILDING 1-2 STORIES | $363,000 | 161 ft |
| 0 SHERBURNE AVE | SCP 2005 C21 045 LLC | COMMERCIAL VACANT LAND | $119,000 | 172 ft |
| 1607 UNIVERSITY AVE W | S3S LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $519,200 | 201 ft |
| 0 SHERBURNE AVE | RD PARENT INVESTORS LLC | COMMERCIAL VACANT LAND | $84,000 | 202 ft |
| 1577 UNIVERSITY AVE W | THOMAS STRANSKY KATHRYN STRANSKY | MEDIUM DETACHED RETAIL | $717,800 | 205 ft |
| 0 SHERBURNE AVE | RD PARENT INVESTORS LLC | COMMERCIAL VACANT LAND | $84,000 | 235 ft |
| 1573 UNIVERSITY AVE W | WILANDETH LLC | MIXED RETAIL/COMMERCIAL | $478,600 | 243 ft |