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.
6 permits on record since 2017 · $46K total declared value · Most recent: Feb 2025 (billboard / sign)
MATTHEW WEILAND CLEAR CHANNEL OUTDOOR
RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC
RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC
RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC
RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC
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 |
|---|---|---|---|---|
| 1573 UNIVERSITY AVE W | WILANDETH LLC | MIXED RETAIL/COMMERCIAL | $478,600 | 38 ft |
| 1569 UNIVERSITY AVE W | 2752 LYNDALE LLC | MIXED RESID/COMMERCIAL | $346,400 | 63 ft |
| 1567 UNIVERSITY AVE W | 2752 LYNDALE LLC | RESTAURANT AND/OR BAR | $502,500 | 90 ft |
| 500 SNELLING AVE N | DOUBLE V SPIRITS LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $465,600 | 107 ft |
| 1563 UNIVERSITY AVE W | DAVID TOLCHINER | COMMERCIAL VACANT LAND | $136,400 | 128 ft |
| 506 510 SNELLING AVE N | KATAR PROPERTIES LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $764,300 | 156 ft |
| 1560 SHERBURNE AVE | 2752 LYNDALE LLC | COMMERCIAL VACANT LAND | $85,000 | 170 ft |
| 1553 UNIVERSITY AVE W | 2752 LYNDALE LLC | RESTAURANT AND/OR BAR | $919,400 | 176 ft |
| 1558 SHERBURNE AVE | 2752 LYNDALE LLC | COMMERCIAL VACANT LAND | $85,000 | 199 ft |
| 499 SNELLING AVE N | SCP 2005 C21 045 LLC | MEDIUM DETACHED RETAIL | $3,281,900 | 205 ft |