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 ↗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 ↗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.
3 permits on record since 2019 · Most recent: Jan 2020 (fire engineering)
BRAD ZURN INTERNATIONAL FIRE PROTECTION
Eric Jeanotte UNITED ROOFING & REMODELING INC
Jeri Wright Fire Construction Services
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
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 |
|---|---|---|---|---|
| 568 SNELLING AVE N | JUN XIAO RU ZHAO CHENG | MIXED RESID/COMMERCIAL | $784,000 | 106 ft |
| 1571 CHARLES AVE | JOHNSON REALTY COMPANY LLC | APARTMENTS 7-19 RENTAL UNITS | $569,900 | 112 ft |
| 1563 CHARLES AVE | ANYA INVESTMENTS LLC | APARTMENTS 7-19 RENTAL UNITS | $589,200 | 116 ft |
| 1562 EDMUND AVE | SAV GROUP LLC | APARTMENTS 7-19 RENTAL UNITS | $571,800 | 116 ft |
| 1559 CHARLES AVE | EL KARNWIE-TUAH | SINGLE FAMILY DWELLING, PLATTED LOT | $221,000 | 147 ft |
| 1552 EDMUND AVE | EDMUND GROUP LLLP | APARTMENTS 7-19 RENTAL UNITS | $539,800 | 168 ft |
| 1555 CHARLES AVE | EL KARNWIE-TUAH | SINGLE FAMILY DWELLING, PLATTED LOT | $226,900 | 182 ft |
| 545 SNELLING AVE N | 545 SNELLING LLC | APARTMENTS 50-99 RENTAL UNITS | $6,882,600 | 220 ft |
| 565 SNELLING AVE N | MARVIN DEVELOPMENT III LLC | DRIVE-IN REST/FOOD SRV FACILITY | $1,665,400 | 220 ft |
| 1545 CHARLES AVE | ANTONIO D GAMBINO | SINGLE FAMILY DWELLING, PLATTED LOT | $285,500 | 249 ft |