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 Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗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 ↗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 ↗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 ↗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.
1 permit on record since 2025 · $8K total declared value · Most recent: Jul 2025 (remodel)
TOTAL CONSTRUCTION SOLUTIONS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2520 PARK AVE MINNEAPOLIS MN 55404 | CITY LIFE CENTER | COMMERCIAL-PREFERRED | $0 | 194 ft |
| 2600 PARK AVE MINNEAPOLIS MN 55407 | AMERICAN SWEDISH INSTITUTE | COMMERCIAL-PREFERRED | $0 | 300 ft |
| 2544 OAKLAND AVE MINNEAPOLIS MN 55404 | PORTLAND GROUP LLC | MED/CARE FACILITY | $0 | 307 ft |
| 2500 PARK AVE MINNEAPOLIS MN 55404 | ST MARY'S COLLEGE OF MN | COMMERCIAL-PREFERRED | $0 | 340 ft |
| 2535 PARK AVE MINNEAPOLIS MN 55404 | CHILDREN'S HEALTH CARE | APARTMENT | $1,550,000 | 348 ft |
| 2525 PARK AVE MINNEAPOLIS MN 55404 | CHILDREN'S HEALTH CARE | COMMERCIAL-PREFERRED | $757,000 | 364 ft |
| 2523 PORTLAND AVE MINNEAPOLIS MN 55404 | ES TOWERS L P | LOW INCOME RENTAL | $13,500,000 | 392 ft |
| 613 26TH ST E MINNEAPOLIS MN 55404 | ART INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $298,000 | 397 ft |
| 2505 PORTLAND AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 439 ft |
| 2600 OAKLAND AVE MINNEAPOLIS MN 55407 | SHAWN E CUMBER | CONDOMINIUM | $176,000 | 447 ft |
Most Recent Sale
Current Tax Year